88 Energy Pink Sheet Forward View - Simple Exponential Smoothing

88 Energy Additional Predictive Modules

Most predictive techniques to examine EEENF price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for EEENF using various technical indicators. When you analyze EEENF 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. 88 Energy simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for 88 Energy Limited are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as 88 Energy Limited prices get older.

88 Energy Simple Exponential Smoothing Price Forecast For the 31st of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of 88 Energy Limited on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.0008, mean absolute percentage error of 0.00000112, and the sum of the absolute errors of 0.05.

88 Energy Pink Sheet Forecast Pattern

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88 Energy Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of 88 Energy pink sheet data series using in forecasting. Note that when a statistical model is used to represent 88 Energy 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. This simple exponential smoothing model begins by setting 88 Energy Limited forecast for the second period equal to the observation of the first period. In other words, recent 88 Energy observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for 88 Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 88 Energy Limited. 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.

Hype Prediction Low Estimated High 0.00 0.02 8.43 Details

Intrinsic Valuation Low Real High 0.00 0.01 8.42 Details

88 Energy After-Hype Price Density Analysis

88 Energy Estimiated After-Hype Price Volatility

88 Energy Pink Sheet Price Outlook Analysis

Notes

88 Energy Hype Timeline

88 Energy Limited is currently traded for 0.01. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. EEENF is estimated to increase in value after the next headline, with the price projected to jump to 0.02 or above. The average volatility of media hype impact on the company the price is insignificant. The price rise on the next news is estimated to be 33.33%, whereas the daily expected return is currently at 0.39%. The volatility of related hype on 88 Energy is about 847000.0%, with the expected price after the next announcement by competition of 0.02. The company has a current ratio of 2.15, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist 88 Energy until it has trouble settling it off, either with new capital or with free cash flow. So, 88 Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like 88 Energy Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EEENF to invest in growth at high rates of return. When we think about 88 Energy's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next estimated press release will be in a few days. Check out Historical Fundamental Analysis of 88 Energy to cross-verify your projections.

88 Energy Related Hype Analysis

Other Forecasting Options for 88 Energy

For every potential investor in EEENF, whether a beginner or expert, 88 Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EEENF Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EEENF. Basic forecasting techniques help filter out the noise by identifying 88 Energy's price trends.

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