Kane Biotech Stock Forward View - Triple Exponential Smoothing

KNE Stock  CAD 0.04  0.00  0.00%   
Kane Stock outlook is based on your current time horizon.
At this time the rsi of Kane Biotech's share price is below 20 . This 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 Kane Biotech'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 Kane Biotech and does not consider all of the tangible or intangible factors available from Kane Biotech's fundamental data. We analyze noise-free headlines and recent hype associated with Kane Biotech, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Kane Biotech's stock price prediction:
Quarterly Revenue Growth
(0.99)
Using Kane Biotech hype-based prediction, you can estimate the value of Kane Biotech from the perspective of Kane Biotech response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Kane Biotech on the next trading day is expected to be 0.04 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.12.

Kane Biotech after-hype prediction price

    
  CAD 0.03  
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 Kane Biotech to cross-verify your projections.

Kane Biotech Additional Predictive Modules

Most predictive techniques to examine Kane price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Kane using various technical indicators. When you analyze Kane 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.
Triple exponential smoothing for Kane Biotech - 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 Kane Biotech 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 Kane Biotech price movement. However, neither of these exponential smoothing models address any seasonality of Kane Biotech.

Kane Biotech Triple Exponential Smoothing Price Forecast For the 16th of February 2026

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Kane Biotech on the next trading day is expected to be 0.04 with a mean absolute deviation of 0, mean absolute percentage error of 0.000017, and the sum of the absolute errors of 0.12.
Please note that although there have been many attempts to predict Kane Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Kane Biotech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kane Biotech Stock Forecast Pattern

Backtest Kane Biotech  Kane Biotech Price Prediction  Research Analysis  

Kane Biotech Forecasted Value

In the context of forecasting Kane Biotech'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. Kane Biotech's downside and upside margins for the forecasting period are 0.0004 and 11.36, respectively. We have considered Kane Biotech'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
0.04
0.0004
Downside
0.04
Expected Value
11.36
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 Kane Biotech stock data series using in forecasting. Note that when a statistical model is used to represent Kane Biotech 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 None
MADMean absolute deviation0.002
MAPEMean absolute percentage error0.0556
SAESum of the absolute errors0.1181
As with simple exponential smoothing, in triple exponential smoothing models past Kane Biotech 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 Kane Biotech observations.

Predictive Modules for Kane Biotech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kane Biotech. 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
0.000.0311.35
Details
Intrinsic
Valuation
LowRealHigh
0.000.0411.36
Details

Kane Biotech After-Hype Price Density Analysis

As far as predicting the price of Kane Biotech 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 Kane Biotech 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 Kane Biotech, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Kane Biotech Estimiated After-Hype Price Volatility

In the context of predicting Kane Biotech's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Kane Biotech's historical news coverage. Kane Biotech's after-hype downside and upside margins for the prediction period are 0.00 and 11.35, respectively. We have considered Kane Biotech'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.04
0.03
After-hype Price
11.35
Upside
Kane Biotech is out of control at this time. Analysis and calculation of next after-hype price of Kane Biotech is based on 3 months time horizon.

Kane Biotech Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Kane Biotech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kane Biotech 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 Kane Biotech, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.61 
11.32
  0.01 
  0.01 
3 Events / Month
1 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.04
0.03
25.00 
113,200  
Notes

Kane Biotech Hype Timeline

Kane Biotech is now traded for 0.04on TSX Venture Exchange of Canada. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.01. Kane is estimated to decline in value after the next headline, with the price expected to drop to 0.03. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -25.0%, whereas the daily expected return is now at 0.61%. The volatility of related hype on Kane Biotech is about 132066.67%, with the expected price after the next announcement by competition of 0.03. About 43.0% of the company outstanding shares are owned by corporate insiders. The company last dividend was issued on the 13th of March 2017. Kane Biotech had 1:5 split on the 13th of March 2017. Assuming the 90 days horizon the next estimated press release will be in about 3 days.
Check out Historical Fundamental Analysis of Kane Biotech to cross-verify your projections.

Kane Biotech Related Hype Analysis

Having access to credible news sources related to Kane Biotech's direct competition is more important than ever and may enhance your ability to predict Kane Biotech's future price movements. Getting to know how Kane Biotech'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 Kane Biotech may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Kane Biotech

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

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

Kane Biotech Market Strength Events

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

Kane Biotech Risk Indicators

The analysis of Kane Biotech'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 Kane Biotech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kane 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 Kane Biotech

The number of cover stories for Kane Biotech depends on current market conditions and Kane Biotech's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Kane Biotech 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 Kane Biotech's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for Kane Stock Analysis

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