Satellos Bioscience OTC Stock Forecast - Simple Exponential Smoothing

MSCLF Stock  USD 0.53  0.05  10.42%   
The Simple Exponential Smoothing forecasted value of Satellos Bioscience on the next trading day is expected to be 0.53 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.96. Satellos OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Satellos Bioscience's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Satellos Bioscience 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 Satellos Bioscience are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Satellos Bioscience prices get older.

Satellos Bioscience Simple Exponential Smoothing Price Forecast For the 28th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Satellos Bioscience on the next trading day is expected to be 0.53 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.96.
Please note that although there have been many attempts to predict Satellos OTC Stock 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 Satellos Bioscience's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Satellos Bioscience OTC Stock Forecast Pattern

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Satellos Bioscience Forecasted Value

In the context of forecasting Satellos Bioscience's OTC 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. Satellos Bioscience's downside and upside margins for the forecasting period are 0.01 and 4.51, respectively. We have considered Satellos Bioscience'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
0.53
0.53
Expected Value
4.51
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 Satellos Bioscience otc stock data series using in forecasting. Note that when a statistical model is used to represent Satellos Bioscience otc 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 Criteria110.3319
BiasArithmetic mean of the errors -4.0E-4
MADMean absolute deviation0.0157
MAPEMean absolute percentage error0.0299
SAESum of the absolute errors0.9566
This simple exponential smoothing model begins by setting Satellos Bioscience forecast for the second period equal to the observation of the first period. In other words, recent Satellos Bioscience observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Satellos Bioscience

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Satellos Bioscience. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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
0.030.534.52
Details
Intrinsic
Valuation
LowRealHigh
0.020.454.44
Details

Other Forecasting Options for Satellos Bioscience

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

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

Satellos Bioscience Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Satellos Bioscience'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 Satellos Bioscience's current price.

Satellos Bioscience Market Strength Events

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

Satellos Bioscience Risk Indicators

The analysis of Satellos Bioscience'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 Satellos Bioscience's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting satellos otc 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.

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Other Information on Investing in Satellos OTC Stock

Satellos Bioscience financial ratios help investors to determine whether Satellos OTC Stock 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 Satellos with respect to the benefits of owning Satellos Bioscience security.