KYN Capital Pink Sheet Forecast - Triple Exponential Smoothing

KYNC Stock  USD 0.0007  0.0001  12.50%   
The Triple Exponential Smoothing forecasted value of KYN Capital Group on the next trading day is expected to be 0.0008 with a mean absolute deviation of 0.000054 and the sum of the absolute errors of 0. KYN Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast KYN Capital stock prices and determine the direction of KYN Capital Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of KYN Capital's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for KYN Capital - 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 KYN Capital 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 KYN Capital price movement. However, neither of these exponential smoothing models address any seasonality of KYN Capital Group.

KYN Capital Triple Exponential Smoothing Price Forecast For the 29th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of KYN Capital Group on the next trading day is expected to be 0.0008 with a mean absolute deviation of 0.000054, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict KYN 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 KYN Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

KYN Capital Pink Sheet Forecast Pattern

Backtest KYN CapitalKYN Capital Price PredictionBuy or Sell Advice 

KYN Capital Forecasted Value

In the context of forecasting KYN Capital'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. KYN Capital's downside and upside margins for the forecasting period are 0.000007 and 9.42, respectively. We have considered KYN Capital'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
0.0007
0.000007
Downside
0.0008
Expected Value
9.42
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 KYN Capital pink sheet data series using in forecasting. Note that when a statistical model is used to represent KYN Capital 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 deviation1.0E-4
MAPEMean absolute percentage error0.0646
SAESum of the absolute errors0.0032
As with simple exponential smoothing, in triple exponential smoothing models past KYN Capital 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 KYN Capital Group observations.

Predictive Modules for KYN Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KYN Capital Group. 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.
Hype
Prediction
LowEstimatedHigh
0.000.00099.42
Details
Intrinsic
Valuation
LowRealHigh
0.000.00079.42
Details

Other Forecasting Options for KYN Capital

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

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

KYN Capital Group 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 KYN Capital'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 KYN Capital's current price.

KYN Capital Market Strength Events

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

KYN Capital Risk Indicators

The analysis of KYN Capital'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 KYN Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kyn pink sheet 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.

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.

Other Information on Investing in KYN Pink Sheet

KYN Capital financial ratios help investors to determine whether KYN Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KYN with respect to the benefits of owning KYN Capital security.