Enterprise Financial Pink Sheet Forecast - Triple Exponential Smoothing
| EFSG Stock | USD 25.50 0.00 0.00% |
The Triple Exponential Smoothing forecasted value of Enterprise Financial Services on the next trading day is expected to be 25.50 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.85. Enterprise Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Enterprise Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Enterprise |
Enterprise Financial Triple Exponential Smoothing Price Forecast For the 30th of December
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Enterprise Financial Services on the next trading day is expected to be 25.50 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.37, and the sum of the absolute errors of 7.85.Please note that although there have been many attempts to predict Enterprise 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 Enterprise Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Enterprise Financial Pink Sheet Forecast Pattern
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Enterprise Financial Forecasted Value
In the context of forecasting Enterprise Financial'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. Enterprise Financial's downside and upside margins for the forecasting period are 22.85 and 28.15, respectively. We have considered Enterprise Financial'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Enterprise Financial pink sheet data series using in forecasting. Note that when a statistical model is used to represent Enterprise Financial 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0846 |
| MAD | Mean absolute deviation | 0.1331 |
| MAPE | Mean absolute percentage error | 0.0053 |
| SAE | Sum of the absolute errors | 7.85 |
Predictive Modules for Enterprise Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enterprise Financial. 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 Enterprise Financial'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.
Other Forecasting Options for Enterprise Financial
For every potential investor in Enterprise, whether a beginner or expert, Enterprise Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Enterprise Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Enterprise. Basic forecasting techniques help filter out the noise by identifying Enterprise Financial's price trends.Enterprise Financial 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 Enterprise Financial pink sheet to make a market-neutral strategy. Peer analysis of Enterprise Financial could also be used in its relative valuation, which is a method of valuing Enterprise Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Enterprise Financial Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Enterprise Financial's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Enterprise Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Enterprise Financial Market Strength Events
Market strength indicators help investors to evaluate how Enterprise Financial 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 Enterprise Financial shares will generate the highest return on investment. By undertsting and applying Enterprise Financial pink sheet market strength indicators, traders can identify Enterprise Financial Services entry and exit signals to maximize returns.
Enterprise Financial Risk Indicators
The analysis of Enterprise Financial's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Enterprise Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting enterprise pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8789 | |||
| Standard Deviation | 2.65 | |||
| Variance | 7.01 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Information and Resources on Investing in Enterprise Pink Sheet
When determining whether Enterprise Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enterprise Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enterprise Financial Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enterprise Financial Services Stock:Check out Historical Fundamental Analysis of Enterprise Financial to cross-verify your projections. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.