China Xuefeng Pink Sheet Forecast - Simple Exponential Smoothing

ELEK Stock  USD 0.02  0.01  33.33%   
The Simple Exponential Smoothing forecasted value of China Xuefeng Environmental on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.40. China Pink Sheet Forecast is based on your current time horizon.
  
China Xuefeng 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 China Xuefeng Environmental are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as China Xuefeng Enviro prices get older.

China Xuefeng Simple Exponential Smoothing Price Forecast For the 24th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of China Xuefeng Environmental on the next trading day is expected to be 0.02 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000084, and the sum of the absolute errors of 0.40.
Please note that although there have been many attempts to predict China 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 China Xuefeng's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

China Xuefeng Pink Sheet Forecast Pattern

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China Xuefeng Forecasted Value

In the context of forecasting China Xuefeng'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. China Xuefeng's downside and upside margins for the forecasting period are 0.0002 and 31.68, respectively. We have considered China Xuefeng'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
0.02
0.0002
Downside
0.02
Expected Value
31.68
Upside

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 China Xuefeng pink sheet data series using in forecasting. Note that when a statistical model is used to represent China Xuefeng 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 Criteria106.886
BiasArithmetic mean of the errors 4.0E-4
MADMean absolute deviation0.0066
MAPEMean absolute percentage error0.183
SAESum of the absolute errors0.3966
This simple exponential smoothing model begins by setting China Xuefeng Environmental forecast for the second period equal to the observation of the first period. In other words, recent China Xuefeng observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for China Xuefeng

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Xuefeng Enviro. 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 China Xuefeng'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
0.000.0231.68
Details
Intrinsic
Valuation
LowRealHigh
0.000.0231.68
Details

Other Forecasting Options for China Xuefeng

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

China Xuefeng 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 China Xuefeng pink sheet to make a market-neutral strategy. Peer analysis of China Xuefeng could also be used in its relative valuation, which is a method of valuing China Xuefeng by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

China Xuefeng Enviro 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 China Xuefeng'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 China Xuefeng's current price.

China Xuefeng Market Strength Events

Market strength indicators help investors to evaluate how China Xuefeng 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 China Xuefeng shares will generate the highest return on investment. By undertsting and applying China Xuefeng pink sheet market strength indicators, traders can identify China Xuefeng Environmental entry and exit signals to maximize returns.

China Xuefeng Risk Indicators

The analysis of China Xuefeng'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 China Xuefeng's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china 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.
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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Other Information on Investing in China Pink Sheet

China Xuefeng financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Xuefeng security.