Getlink SE Pink Sheet Forecast - Triple Exponential Smoothing

GRPTY Stock  USD 33.75  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Getlink SE ADR on the next trading day is expected to be 33.75 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Getlink Pink Sheet Forecast is based on your current time horizon.
  
Triple exponential smoothing for Getlink SE - 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 Getlink SE 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 Getlink SE price movement. However, neither of these exponential smoothing models address any seasonality of Getlink SE ADR.

Getlink SE Triple Exponential Smoothing Price Forecast For the 29th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Getlink SE ADR on the next trading day is expected to be 33.75 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.
Please note that although there have been many attempts to predict Getlink 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 Getlink SE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Getlink SE Pink Sheet Forecast Pattern

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Getlink SE Forecasted Value

In the context of forecasting Getlink SE'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. Getlink SE's downside and upside margins for the forecasting period are 33.75 and 33.75, respectively. We have considered Getlink SE'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
33.75
33.75
Expected Value
33.75
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 Getlink SE pink sheet data series using in forecasting. Note that when a statistical model is used to represent Getlink SE 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 deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
As with simple exponential smoothing, in triple exponential smoothing models past Getlink SE 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 Getlink SE ADR observations.

Predictive Modules for Getlink SE

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Getlink SE ADR. 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 Getlink SE'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
33.7533.7533.75
Details
Intrinsic
Valuation
LowRealHigh
33.7533.7533.75
Details
Bollinger
Band Projection (param)
LowMiddleHigh
33.7533.7533.75
Details

Other Forecasting Options for Getlink SE

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

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

Getlink SE ADR 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 Getlink SE'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 Getlink SE's current price.

Getlink SE Market Strength Events

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

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.

Additional Tools for Getlink Pink Sheet Analysis

When running Getlink SE's price analysis, check to measure Getlink SE'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 Getlink SE is operating at the current time. Most of Getlink SE's value examination focuses on studying past and present price action to predict the probability of Getlink SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getlink SE's price. Additionally, you may evaluate how the addition of Getlink SE to your portfolios can decrease your overall portfolio volatility.