MBT Bancshares Pink Sheet Forecast - Double Exponential Smoothing

MBKL Stock  USD 19.50  0.05  0.26%   
The Double Exponential Smoothing forecasted value of MBT Bancshares on the next trading day is expected to be 19.53 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.24. MBT Pink Sheet Forecast is based on your current time horizon.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for MBT Bancshares works best with periods where there are trends or seasonality.

MBT Bancshares Double Exponential Smoothing Price Forecast For the 24th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of MBT Bancshares on the next trading day is expected to be 19.53 with a mean absolute deviation of 0.04, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.24.
Please note that although there have been many attempts to predict MBT 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 MBT Bancshares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MBT Bancshares Pink Sheet Forecast Pattern

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MBT Bancshares Forecasted Value

In the context of forecasting MBT Bancshares' 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. MBT Bancshares' downside and upside margins for the forecasting period are 18.94 and 20.11, respectively. We have considered MBT Bancshares' 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
19.50
19.53
Expected Value
20.11
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of MBT Bancshares pink sheet data series using in forecasting. Note that when a statistical model is used to represent MBT Bancshares 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 -0.0156
MADMean absolute deviation0.0379
MAPEMean absolute percentage error0.002
SAESum of the absolute errors2.2382
When MBT Bancshares 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 MBT Bancshares trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent MBT Bancshares observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for MBT Bancshares

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MBT Bancshares. 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
18.9219.5020.08
Details
Intrinsic
Valuation
LowRealHigh
18.6219.2019.78
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.5019.5019.50
Details

Other Forecasting Options for MBT Bancshares

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

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

MBT Bancshares 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 MBT Bancshares' 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 MBT Bancshares' current price.

MBT Bancshares Market Strength Events

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

MBT Bancshares Risk Indicators

The analysis of MBT Bancshares' 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 MBT Bancshares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mbt 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.

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Other Information on Investing in MBT Pink Sheet

MBT Bancshares financial ratios help investors to determine whether MBT 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 MBT with respect to the benefits of owning MBT Bancshares security.