ProConcept Marketing Pink Sheet Forecast - Simple Exponential Smoothing

LNTO Stock  USD 0.02  0  8.51%   
The Simple Exponential Smoothing forecasted value of ProConcept Marketing Group on the next trading day is expected to be 0.02 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.18. ProConcept Pink Sheet Forecast is based on your current time horizon.
The relative strength index (RSI) of ProConcept Marketing's share price is below 30 as of today. This indicates that the pink sheet is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling ProConcept Marketing Group, making its price go up or down.

Momentum 28

 Sell Stretched

 
Oversold
 
Overbought
The successful prediction of ProConcept Marketing's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with ProConcept Marketing Group, which may create opportunities for some arbitrage if properly timed.
Using ProConcept Marketing hype-based prediction, you can estimate the value of ProConcept Marketing Group from the perspective of ProConcept Marketing response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of ProConcept Marketing Group on the next trading day is expected to be 0.02 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.18.

ProConcept Marketing after-hype prediction price

    
  USD 0.02  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of ProConcept Marketing to cross-verify your projections.

ProConcept Marketing Additional Predictive Modules

Most predictive techniques to examine ProConcept price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ProConcept using various technical indicators. When you analyze ProConcept 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.
ProConcept Marketing simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for ProConcept Marketing Group are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as ProConcept Marketing prices get older.

ProConcept Marketing Simple Exponential Smoothing Price Forecast For the 6th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of ProConcept Marketing Group on the next trading day is expected to be 0.02 with a mean absolute deviation of 0, mean absolute percentage error of 0.000047, and the sum of the absolute errors of 0.18.
Please note that although there have been many attempts to predict ProConcept 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 ProConcept Marketing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ProConcept Marketing Pink Sheet Forecast Pattern

Backtest ProConcept MarketingProConcept Marketing Price PredictionBuy or Sell Advice 

ProConcept Marketing Forecasted Value

In the context of forecasting ProConcept Marketing'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. ProConcept Marketing's downside and upside margins for the forecasting period are 0.0002 and 18.22, respectively. We have considered ProConcept Marketing'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
0.02
0.0002
Downside
0.02
Expected Value
18.22
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of ProConcept Marketing pink sheet data series using in forecasting. Note that when a statistical model is used to represent ProConcept Marketing 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 Criteria106.3036
BiasArithmetic mean of the errors 6.0E-4
MADMean absolute deviation0.0029
MAPEMean absolute percentage error0.1138
SAESum of the absolute errors0.1754
This simple exponential smoothing model begins by setting ProConcept Marketing Group forecast for the second period equal to the observation of the first period. In other words, recent ProConcept Marketing observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for ProConcept Marketing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProConcept Marketing. 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 ProConcept Marketing'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.
Hype
Prediction
LowEstimatedHigh
0.000.0219.33
Details
Intrinsic
Valuation
LowRealHigh
0.000.0219.33
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.00410.020.03
Details

Other Forecasting Options for ProConcept Marketing

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

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

ProConcept Marketing 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 ProConcept Marketing'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 ProConcept Marketing's current price.

ProConcept Marketing Market Strength Events

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

ProConcept Marketing Risk Indicators

The analysis of ProConcept Marketing'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 ProConcept Marketing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting proconcept 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.

Pair Trading with ProConcept Marketing

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProConcept Marketing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProConcept Marketing will appreciate offsetting losses from the drop in the long position's value.

Moving together with ProConcept Pink Sheet

  0.61CGXYY China Galaxy SecuritiesPairCorr

Moving against ProConcept Pink Sheet

  0.83PTAIY Astra International TbkPairCorr
  0.81MS Morgan StanleyPairCorr
  0.8PPERY Bank Mandiri PerseroPairCorr
  0.78TLK Telkom Indonesia TbkPairCorr
  0.78FTV Fortive CorpPairCorr
The ability to find closely correlated positions to ProConcept Marketing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProConcept Marketing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProConcept Marketing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProConcept Marketing Group to buy it.
The correlation of ProConcept Marketing is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProConcept Marketing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProConcept Marketing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProConcept Marketing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in ProConcept Pink Sheet

ProConcept Marketing financial ratios help investors to determine whether ProConcept 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 ProConcept with respect to the benefits of owning ProConcept Marketing security.