Ironman International Stock Forecast - Double Exponential Smoothing

IMI Stock  CAD 0.13  0.01  8.33%   
The Double Exponential Smoothing forecasted value of Ironman International on the next trading day is expected to be 0.13 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.21. Ironman Stock Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Ironman International's share price is below 20 . This usually indicates that the stock 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 Ironman International's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Ironman International and does not consider all of the tangible or intangible factors available from Ironman International's fundamental data. We analyze noise-free headlines and recent hype associated with Ironman International, which may create opportunities for some arbitrage if properly timed.
Using Ironman International hype-based prediction, you can estimate the value of Ironman International from the perspective of Ironman International response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Ironman International on the next trading day is expected to be 0.13 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.21.

Ironman International after-hype prediction price

    
  CAD 0.13  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Ironman International to cross-verify your projections.

Ironman International Additional Predictive Modules

Most predictive techniques to examine Ironman price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ironman using various technical indicators. When you analyze Ironman 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 Ironman International works best with periods where there are trends or seasonality.

Ironman International Double Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Ironman International on the next trading day is expected to be 0.13 with a mean absolute deviation of 0, mean absolute percentage error of 0.000031, and the sum of the absolute errors of 0.21.
Please note that although there have been many attempts to predict Ironman Stock 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 Ironman International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ironman International Stock Forecast Pattern

Backtest Ironman InternationalIronman International Price PredictionBuy or Sell Advice 

Ironman International Forecasted Value

In the context of forecasting Ironman International's Stock 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. Ironman International's downside and upside margins for the forecasting period are 0 and 5.10, respectively. We have considered Ironman International'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
0.13
0.13
Expected Value
5.10
Upside

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 Ironman International stock data series using in forecasting. Note that when a statistical model is used to represent Ironman International stock, 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 -6.0E-4
MADMean absolute deviation0.0035
MAPEMean absolute percentage error0.0306
SAESum of the absolute errors0.2082
When Ironman International 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 Ironman International 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 Ironman International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Ironman International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ironman International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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
0.010.135.10
Details
Intrinsic
Valuation
LowRealHigh
0.010.105.07
Details

Ironman International After-Hype Price Prediction Density Analysis

As far as predicting the price of Ironman International at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Ironman International or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Ironman International, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Ironman International Estimiated After-Hype Price Volatility

In the context of predicting Ironman International's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ironman International's historical news coverage. Ironman International's after-hype downside and upside margins for the prediction period are 0.01 and 5.10, respectively. We have considered Ironman International's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.13
0.13
After-hype Price
5.10
Upside
Ironman International is out of control at this time. Analysis and calculation of next after-hype price of Ironman International is based on 3 months time horizon.

Ironman International Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Ironman International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ironman International backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Ironman International, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.55 
4.97
 0.00  
  1.90 
0 Events / Month
1 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.13
0.13
0.00 
0.00  
Notes

Ironman International Hype Timeline

Ironman International is currently traded for 0.13on TSX Venture Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -1.9. Ironman is estimated 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 estimated to be very small, whereas the daily expected return is currently at 0.55%. %. The volatility of related hype on Ironman International is about 143.52%, with the expected price after the next announcement by competition of -1.77. The company recorded a loss per share of 0.0. Ironman International had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be uncertain.
Check out Historical Fundamental Analysis of Ironman International to cross-verify your projections.

Ironman International Related Hype Analysis

Having access to credible news sources related to Ironman International's direct competition is more important than ever and may enhance your ability to predict Ironman International's future price movements. Getting to know how Ironman International's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Ironman International may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
NVDANvidia CDR 0.19 1 per month 1.87 (0.04) 3.08 (3.45) 9.47 
NVDANVIDIA CDR(0.55)1 per month 1.87 (0.04) 3.08 (3.45) 9.47 
GOOGAlphabet CDR (CAD Hedged)(0.52)6 per month 1.17  0.16  3.31 (2.23) 9.38 
AAPLApple Inc CDR(33.03)7 per month 0.00 (0.16) 2.07 (1.78) 6.51 
GOOGAlphabet Inc CDR(0.55)2 per month 1.16  0.16  3.31 (2.23) 9.38 
AAPLApple CDR(0.52)4 per month 0.00 (0.16) 2.07 (1.78) 6.51 
NFLXNetflix Inc CDR 0.48 3 per month 0.00 (0.33) 1.80 (4.00) 10.34 
MSFTMicrosoft Corp CDR(0.08)7 per month 0.00 (0.25) 1.78 (2.63) 5.02 
MSFTMicrosoft CDR(0.05)4 per month 0.00 (0.25) 1.79 (2.63) 5.02 
AMZNAmazon CDR 0.00 0 per month 1.63  0.01  2.85 (2.70) 13.75 

Other Forecasting Options for Ironman International

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

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

Ironman International Market Strength Events

Market strength indicators help investors to evaluate how Ironman International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ironman International shares will generate the highest return on investment. By undertsting and applying Ironman International stock market strength indicators, traders can identify Ironman International entry and exit signals to maximize returns.

Ironman International Risk Indicators

The analysis of Ironman International'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 Ironman International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ironman stock 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.

Story Coverage note for Ironman International

The number of cover stories for Ironman International depends on current market conditions and Ironman International's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ironman International is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Ironman International's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Additional Tools for Ironman Stock Analysis

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