Jinmao Property Pink Sheet Forecast - Triple Exponential Smoothing

JPPSF Stock   0.37  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Jinmao Property Services on the next trading day is expected to be 0.37 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Investors can use prediction functions to forecast Jinmao Property's stock prices and determine the direction of Jinmao Property Services's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Jinmao Property's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
  
Triple exponential smoothing for Jinmao Property - 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 Jinmao Property 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 Jinmao Property price movement. However, neither of these exponential smoothing models address any seasonality of Jinmao Property Services.

Jinmao Property Triple Exponential Smoothing Price Forecast For the 25th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Jinmao Property Services on the next trading day is expected to be 0.37 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 Jinmao 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 Jinmao Property's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jinmao Property Pink Sheet Forecast Pattern

Jinmao Property Forecasted Value

In the context of forecasting Jinmao Property'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. Jinmao Property's downside and upside margins for the forecasting period are 0.37 and 0.37, respectively. We have considered Jinmao Property'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
0.37
0.37
Expected Value
0.37
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 Jinmao Property pink sheet data series using in forecasting. Note that when a statistical model is used to represent Jinmao Property 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 Jinmao Property 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 Jinmao Property Services observations.

Predictive Modules for Jinmao Property

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jinmao Property Services. 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 Jinmao Property'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.

Other Forecasting Options for Jinmao Property

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

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

Jinmao Property Services 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 Jinmao Property'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 Jinmao Property's current price.

Jinmao Property Market Strength Events

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

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