Grand Havana Pink Sheet Forecast - Triple Exponential Smoothing

GHAV Stock  USD 0.0007  0.0001  16.67%   
The Triple Exponential Smoothing forecasted value of Grand Havana on the next trading day is expected to be 0.0007 with a mean absolute deviation of 0.000051 and the sum of the absolute errors of 0. Grand Pink Sheet Forecast is based on your current time horizon.
  
Triple exponential smoothing for Grand Havana - 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 Grand Havana 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 Grand Havana price movement. However, neither of these exponential smoothing models address any seasonality of Grand Havana.

Grand Havana Triple Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Grand Havana on the next trading day is expected to be 0.0007 with a mean absolute deviation of 0.000051, mean absolute percentage error of 0.00000001, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Grand 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 Grand Havana's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Grand Havana Pink Sheet Forecast Pattern

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Grand Havana Forecasted Value

In the context of forecasting Grand Havana'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. Grand Havana's downside and upside margins for the forecasting period are 0.000007 and 10.53, respectively. We have considered Grand Havana'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
0.0007
0.000007
Downside
0.0007
Expected Value
10.53
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 Grand Havana pink sheet data series using in forecasting. Note that when a statistical model is used to represent Grand Havana 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 None
MADMean absolute deviation1.0E-4
MAPEMean absolute percentage error0.0707
SAESum of the absolute errors0.003
As with simple exponential smoothing, in triple exponential smoothing models past Grand Havana 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 Grand Havana observations.

Predictive Modules for Grand Havana

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grand Havana. 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
0.000.000810.53
Details
Intrinsic
Valuation
LowRealHigh
0.000.000710.53
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00080.00080.0008
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Grand Havana. Your research has to be compared to or analyzed against Grand Havana's peers to derive any actionable benefits. When done correctly, Grand Havana'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 Grand Havana.

Other Forecasting Options for Grand Havana

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

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

Grand Havana 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 Grand Havana'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 Grand Havana's current price.

Grand Havana Market Strength Events

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

Grand Havana Risk Indicators

The analysis of Grand Havana'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 Grand Havana's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grand 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Grand Pink Sheet Analysis

When running Grand Havana's price analysis, check to measure Grand Havana's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grand Havana is operating at the current time. Most of Grand Havana's value examination focuses on studying past and present price action to predict the probability of Grand Havana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Havana's price. Additionally, you may evaluate how the addition of Grand Havana to your portfolios can decrease your overall portfolio volatility.