ENGlobal Pink Sheet Forecast - Triple Exponential Smoothing

ENGC Stock   35.64  1.26  3.41%   
The Triple Exponential Smoothing forecasted value of ENGlobal on the next trading day is expected to be 41.37 with a mean absolute deviation of 3.24 and the sum of the absolute errors of 191.09. Investors can use prediction functions to forecast ENGlobal's stock prices and determine the direction of ENGlobal's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of ENGlobal's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At the present time the relative strength index (rsi) of ENGlobal'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 ENGlobal's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with ENGlobal, which may create opportunities for some arbitrage if properly timed.
Using ENGlobal hype-based prediction, you can estimate the value of ENGlobal from the perspective of ENGlobal response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of ENGlobal on the next trading day is expected to be 41.37 with a mean absolute deviation of 3.24 and the sum of the absolute errors of 191.09.

ENGlobal after-hype prediction price

    
  USD 29.76  
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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

ENGlobal Additional Predictive Modules

Most predictive techniques to examine ENGlobal price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ENGlobal using various technical indicators. When you analyze ENGlobal 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.
Triple exponential smoothing for ENGlobal - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When ENGlobal 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 trend in ENGlobal price movement. However, neither of these exponential smoothing models address any seasonality of ENGlobal.

ENGlobal Triple Exponential Smoothing Price Forecast For the 12th of January 2026

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of ENGlobal on the next trading day is expected to be 41.37 with a mean absolute deviation of 3.24, mean absolute percentage error of 69.26, and the sum of the absolute errors of 191.09.
Please note that although there have been many attempts to predict ENGlobal 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 ENGlobal's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ENGlobal Pink Sheet Forecast Pattern

ENGlobal Forecasted Value

In the context of forecasting ENGlobal'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. ENGlobal's downside and upside margins for the forecasting period are 0.36 and 259.14, respectively. We have considered ENGlobal'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
35.64
41.37
Expected Value
259.14
Upside

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 ENGlobal pink sheet data series using in forecasting. Note that when a statistical model is used to represent ENGlobal 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 -0.9989
MADMean absolute deviation3.2388
MAPEMean absolute percentage error8.2031
SAESum of the absolute errors191.0888
As with simple exponential smoothing, in triple exponential smoothing models past ENGlobal observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older ENGlobal observations.

Predictive Modules for ENGlobal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENGlobal. 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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ENGlobal. Your research has to be compared to or analyzed against ENGlobal's peers to derive any actionable benefits. When done correctly, ENGlobal's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ENGlobal.

Other Forecasting Options for ENGlobal

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

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

ENGlobal 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 ENGlobal'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 ENGlobal's current price.

ENGlobal Market Strength Events

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

ENGlobal Risk Indicators

The analysis of ENGlobal'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 ENGlobal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting englobal 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 Deviation2344.13
Standard Deviation5679.91
Variance3.226138951E7
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.