Mexus Gold Pink Sheet Forecast - Triple Exponential Smoothing

MXSG Stock  USD 0.0001  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Mexus Gold Us on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000047 and the sum of the absolute errors of 0. Mexus Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Mexus Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Mexus Gold - 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 Mexus Gold 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 Mexus Gold price movement. However, neither of these exponential smoothing models address any seasonality of Mexus Gold Us.

Mexus Gold Triple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Mexus Gold Us on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000047, mean absolute percentage error of 0.00000007, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Mexus 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 Mexus Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mexus Gold Pink Sheet Forecast Pattern

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Mexus Gold Forecasted Value

In the context of forecasting Mexus Gold'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. Mexus Gold's downside and upside margins for the forecasting period are 0.000001 and 126.72, respectively. We have considered Mexus Gold'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
0.0001
0.000001
Downside
0.0001
Expected Value
126.72
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 Mexus Gold pink sheet data series using in forecasting. Note that when a statistical model is used to represent Mexus Gold 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 deviation0.0
MAPEMean absolute percentage error0.2531
SAESum of the absolute errors0.0028
As with simple exponential smoothing, in triple exponential smoothing models past Mexus Gold 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 Mexus Gold Us observations.

Predictive Modules for Mexus Gold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mexus Gold Us. 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 Mexus Gold'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
0.000.00009450.01
Details
Intrinsic
Valuation
LowRealHigh
0.000.00009650.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.00080.00050
Details

Other Forecasting Options for Mexus Gold

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

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

Mexus Gold Us 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 Mexus Gold'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 Mexus Gold's current price.

Mexus Gold Market Strength Events

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

Mexus Gold Risk Indicators

The analysis of Mexus Gold'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 Mexus Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mexus 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 Mexus Pink Sheet

Mexus Gold financial ratios help investors to determine whether Mexus 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 Mexus with respect to the benefits of owning Mexus Gold security.