Ecrid Pink Sheet Forward View - Double Exponential Smoothing

ECDD Stock  USD 0.0003  0.00  0.00%   
Ecrid Pink Sheet outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Ecrid stock prices and determine the direction of Ecrid Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ecrid's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Ecrid's share price is below 20 suggesting that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Ecrid's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Ecrid and does not consider all of the tangible or intangible factors available from Ecrid's fundamental data. We analyze noise-free headlines and recent hype associated with Ecrid Inc, which may create opportunities for some arbitrage if properly timed.
Using Ecrid hype-based prediction, you can estimate the value of Ecrid Inc from the perspective of Ecrid response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Ecrid Inc on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00.

Ecrid after-hype prediction price

    
  USD 3.0E-4  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Ecrid to cross-verify your projections.

Ecrid Additional Predictive Modules

Most predictive techniques to examine Ecrid price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ecrid using various technical indicators. When you analyze Ecrid charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Ecrid works best with periods where there are trends or seasonality.

Ecrid Double Exponential Smoothing Price Forecast For the 31st of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Ecrid Inc on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Ecrid Pink Sheet prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Ecrid's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ecrid Pink Sheet Forecast Pattern

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Ecrid Forecasted Value

In the context of forecasting Ecrid's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Ecrid's downside and upside margins for the forecasting period are 0.0003 and 0.0003, respectively. We have considered Ecrid's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
0.0003
0.0003
Downside
0.0003
Expected Value
0.0003
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Ecrid pink sheet data series using in forecasting. Note that when a statistical model is used to represent Ecrid pink sheet, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
When Ecrid Inc prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Ecrid Inc trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Ecrid observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Ecrid

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ecrid Inc. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ecrid's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.00030.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.00030.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00030.00030.0003
Details

Ecrid After-Hype Price Density Analysis

As far as predicting the price of Ecrid at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Ecrid or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Ecrid, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Ecrid Estimiated After-Hype Price Volatility

In the context of predicting Ecrid's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ecrid's historical news coverage. Ecrid's after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered Ecrid's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.0003
0.0003
After-hype Price
0.00
Upside
Ecrid is very steady at this time. Analysis and calculation of next after-hype price of Ecrid Inc is based on 3 months time horizon.

Ecrid Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Ecrid is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ecrid backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Ecrid, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.0003
0.0003
0.00 
0.00  
Notes

Ecrid Hype Timeline

Ecrid Inc is currently traded for 0.0003. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Ecrid is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Ecrid is about 0.0%, with the expected price after the next announcement by competition of 0.00. About 84.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.02. Ecrid Inc last dividend was issued on the 16th of October 2017. The entity had 1:70 split on the 16th of October 2017. Given the investment horizon of 90 days the next forecasted press release will be in a few days.
Check out Historical Fundamental Analysis of Ecrid to cross-verify your projections.

Ecrid Related Hype Analysis

Having access to credible news sources related to Ecrid's direct competition is more important than ever and may enhance your ability to predict Ecrid's future price movements. Getting to know how Ecrid's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Ecrid may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Ecrid

For every potential investor in Ecrid, whether a beginner or expert, Ecrid's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ecrid Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ecrid. Basic forecasting techniques help filter out the noise by identifying Ecrid's price trends.

Ecrid Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ecrid pink sheet to make a market-neutral strategy. Peer analysis of Ecrid could also be used in its relative valuation, which is a method of valuing Ecrid by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Ecrid Market Strength Events

Market strength indicators help investors to evaluate how Ecrid pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ecrid shares will generate the highest return on investment. By undertsting and applying Ecrid pink sheet market strength indicators, traders can identify Ecrid Inc entry and exit signals to maximize returns.

Story Coverage note for Ecrid

The number of cover stories for Ecrid depends on current market conditions and Ecrid's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ecrid is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Ecrid's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Ecrid Short Properties

Ecrid's future price predictability will typically decrease when Ecrid's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ecrid Inc often depends not only on the future outlook of the potential Ecrid's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ecrid's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding284.8 K
Cash And Short Term Investments10 K
Shares Float48.9 M

Other Information on Investing in Ecrid Pink Sheet

Ecrid financial ratios help investors to determine whether Ecrid Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ecrid with respect to the benefits of owning Ecrid security.