NSAV Holding Pink Sheet Forecast - Double Exponential Smoothing

NSAV Stock  USD 0.0008  0.0001  11.11%   
The Double Exponential Smoothing forecasted value of NSAV Holding on the next trading day is expected to be 0.0007 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01. NSAV 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 NSAV Holding works best with periods where there are trends or seasonality.

NSAV Holding Double Exponential Smoothing Price Forecast For the 25th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of NSAV Holding on the next trading day is expected to be 0.0007 with a mean absolute deviation of 0.0002, mean absolute percentage error of 0.00000011, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict NSAV 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 NSAV Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

NSAV Holding Pink Sheet Forecast Pattern

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NSAV Holding Forecasted Value

In the context of forecasting NSAV Holding'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. NSAV Holding's downside and upside margins for the forecasting period are 0.000008 and 28.94, respectively. We have considered NSAV Holding'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
0.0008
0.000008
Downside
0.0007
Expected Value
28.94
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 NSAV Holding pink sheet data series using in forecasting. Note that when a statistical model is used to represent NSAV Holding 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 deviation2.0E-4
MAPEMean absolute percentage error0.161
SAESum of the absolute errors0.0126
When NSAV Holding 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 NSAV Holding 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 NSAV Holding observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for NSAV Holding

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NSAV Holding. 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
0.000.000928.94
Details
Intrinsic
Valuation
LowRealHigh
0.000.000828.94
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00080.00080.0008
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NSAV Holding. Your research has to be compared to or analyzed against NSAV Holding's peers to derive any actionable benefits. When done correctly, NSAV Holding's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NSAV Holding.

Other Forecasting Options for NSAV Holding

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

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NSAV Holding 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 NSAV Holding'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 NSAV Holding's current price.

NSAV Holding Market Strength Events

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

NSAV Holding Risk Indicators

The analysis of NSAV Holding'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 NSAV Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nsav 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.

Thematic Opportunities

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Additional Tools for NSAV Pink Sheet Analysis

When running NSAV Holding's price analysis, check to measure NSAV Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NSAV Holding is operating at the current time. Most of NSAV Holding's value examination focuses on studying past and present price action to predict the probability of NSAV Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NSAV Holding's price. Additionally, you may evaluate how the addition of NSAV Holding to your portfolios can decrease your overall portfolio volatility.