Karoon Energy Pink Sheet Forward View - Double Exponential Smoothing

KRNGF Pink Sheet  USD 1.55  -0.06  -3.73%   
Karoon Energy's Double Exponential Smoothing forecast is computed from observed closing prices over the selected horizon. The accuracy statistics below distinguish a well-fitted model from one that is smoothing over meaningful price movement. The Double Exponential Smoothing model projects Karoon Energy at 1.56 for the next trading day, above the most recent closing price. The Double Exponential Smoothing output reflects statistical model results and is provided for reference purposes.
Double exponential smoothing (Holt method) for Karoon Energy extends simple exponential smoothing by adding a trend component. This allows the model to track directional price movement rather than lagging behind a trending series.

Double Exponential Smoothing Price Forecast For the 28th of April

Over a 90-day horizon, the Double Exponential Smoothing model forecasts Karoon Energy at 1.56 for the next trading day, with a mean absolute deviation of 0.03 , mean absolute percentage error of 0.02 , and sum of absolute errors of 1.85 .
This represents a tight forecast with good short-term tracking of Karoon Energy's price movement. This output is intended for short-term analytical reference.

Pink Sheet Forecast Pattern

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Forecasted Value

Karoon Energy's next-session forecast estimates practical downside and upside boundaries based on the model's historical fit. The model places downside around 0.02 and upside around 5.31 for the next session. The wide range indicates elevated uncertainty in short-term projections.
Market Value
1.55
1.56
Expected Value
5.31

Model Predictive Factors

The table below summarizes the Double Exponential Smoothing model's error metrics for Karoon Energy pink sheet. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0072
MADMean absolute deviation0.0313
MAPEMean absolute percentage error0.0247
SAESum of the absolute errors1.8484
The model estimates both the level and slope of Karoon Energy prices, giving exponentially decreasing weight to older observations. It is best suited for Karoon Energy price data that exhibits a persistent upward or downward trend. A wide divergence between the forecast and actual values may indicate a trend reversal or regime change.

Other Forecasting Options for Karoon Energy

Analyzing Karoon Energy's price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Karoon Energy's chart signal overbought or oversold conditions.

Karoon Energy Related Equities

Sizing up Karoon Energy against these stocks within the Oil & Gas E&P space shows how it compares on key financial measures. Market cap and total value checks frame Karoon Energy's size within the competitive field.
 Risk & Return  Correlation

Karoon Energy Market Strength Events

For investors tracking Karoon Energy, market strength indicators offer quantitative evaluation of pink sheet behavior. When Rate of Change diverges from price direction, it often signals weakening momentum before a visible reversal in Karoon Energy.

Karoon Energy Risk Indicators

Analyzing Karoon Energy's basic risk indicators provides a structured view of the risk-return trade-off for karoon pink sheet. Expected shortfall estimates the average loss in the worst-case tail scenarios, going beyond what standard deviation alone captures for Karoon Energy.
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.

More Resources for Karoon Pink Sheet Analysis

Other Information on Investing in Karoon Pink Sheet

These ratios describe connections between financial data points for Karoon Energy. The data reflects the most recent reporting period available and is provided for reference.