Granite City Pink Sheet Forward View - Double Exponential Smoothing

Granite City Additional Predictive Modules

Most predictive techniques to examine Granite price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Granite using various technical indicators. When you analyze Granite 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. Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Granite City works best with periods where there are trends or seasonality.

Granite City Double Exponential Smoothing Price Forecast For the 9th of February

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Granite City Food on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.

Granite City Pink Sheet Forecast Pattern

Backtest Granite City

Granite City Price Prediction

Research Analysis

Granite City Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Granite City pink sheet data series using in forecasting. Note that when a statistical model is used to represent Granite City 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. When Granite City Food 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 Granite City Food trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Granite City observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Granite City

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Granite City Food. 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 0.0001 0.00 Details

Intrinsic Valuation Low Real High 0.00 0.000084 0.00 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Granite City. Your research has to be compared to or analyzed against Granite City's peers to derive any actionable benefits. When done correctly, Granite City'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 Granite City Food.

Granite City After-Hype Price Density Analysis

Granite City Estimiated After-Hype Price Volatility

Granite City Pink Sheet Price Outlook Analysis

Notes

Granite City Hype Timeline

Granite City Food is currently traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Granite is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Granite City is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company recorded a loss per share of 0.69. Granite City Food had not issued any dividends in recent years. The entity had 1:6 split on the 14th of January 2010. Given the investment horizon of 90 days the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Granite City to cross-verify your projections.

Granite City Related Hype Analysis

Other Forecasting Options for Granite City

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

Granite City Related Equities

Risk & Return

Correlation

Granite City Market Strength Events

Story Coverage note for Granite City

Other Macroaxis Stories

Other Information on Investing in Granite Pink Sheet