Global Li-Ion Pink Sheet Forecast - Simple Exponential Smoothing

GBBGF Stock  USD 0.01  0  30.67%   
The Simple Exponential Smoothing forecasted value of Global Li Ion Graphite on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.07. Global Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Global Li-Ion's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Global Li-Ion 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 Global Li Ion Graphite are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Global Li Ion prices get older.

Global Li-Ion Simple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Global Li Ion Graphite on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000799, and the sum of the absolute errors of 0.07.
Please note that although there have been many attempts to predict Global 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 Global Li-Ion's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Global Li-Ion Pink Sheet Forecast Pattern

Backtest Global Li-IonGlobal Li-Ion Price PredictionBuy or Sell Advice 

Global Li-Ion Forecasted Value

In the context of forecasting Global Li-Ion'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. Global Li-Ion's downside and upside margins for the forecasting period are 0.0001 and 17.67, respectively. We have considered Global Li-Ion'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
0.01
0.0001
Downside
0.01
Expected Value
17.67
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 Global Li-Ion pink sheet data series using in forecasting. Note that when a statistical model is used to represent Global Li-Ion 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 Criteria104.5348
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0012
MAPEMean absolute percentage error0.0715
SAESum of the absolute errors0.0712
This simple exponential smoothing model begins by setting Global Li Ion Graphite forecast for the second period equal to the observation of the first period. In other words, recent Global Li-Ion observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Global Li-Ion

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Li Ion. 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
LowEstimatedHigh
0.000.0117.67
Details
Intrinsic
Valuation
LowRealHigh
0.000.0117.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Global Li-Ion. Your research has to be compared to or analyzed against Global Li-Ion's peers to derive any actionable benefits. When done correctly, Global Li-Ion'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 Global Li Ion.

Other Forecasting Options for Global Li-Ion

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

View Global Li-Ion Related Equities

 Risk & Return  Correlation

Global Li Ion 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 Global Li-Ion'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 Global Li-Ion's current price.

Global Li-Ion Market Strength Events

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

Global Li-Ion Risk Indicators

The analysis of Global Li-Ion'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 Global Li-Ion's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting global 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Global Pink Sheet

Global Li-Ion financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Li-Ion security.