Quantum Energy Pink Sheet Forecast - Triple Exponential Smoothing

QREE Stock  USD 0.0001  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Quantum Energy on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.12. Quantum Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Quantum Energy stock prices and determine the direction of Quantum Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Quantum Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Quantum Energy - 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 Quantum Energy 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 Quantum Energy price movement. However, neither of these exponential smoothing models address any seasonality of Quantum Energy.

Quantum Energy Triple Exponential Smoothing Price Forecast For the 29th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Quantum Energy on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.12.
Please note that although there have been many attempts to predict Quantum 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 Quantum Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Quantum Energy Pink Sheet Forecast Pattern

Backtest Quantum EnergyQuantum Energy Price PredictionBuy or Sell Advice 

Quantum Energy Forecasted Value

In the context of forecasting Quantum Energy'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. Quantum Energy's downside and upside margins for the forecasting period are 0.000001 and 12.39, respectively. We have considered Quantum Energy'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
12.39
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 Quantum Energy pink sheet data series using in forecasting. Note that when a statistical model is used to represent Quantum Energy 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 0.002
MADMean absolute deviation0.002
MAPEMean absolute percentage error20.322
SAESum of the absolute errors0.1199
As with simple exponential smoothing, in triple exponential smoothing models past Quantum Energy 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 Quantum Energy observations.

Predictive Modules for Quantum Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Quantum Energy. 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 Quantum Energy'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
0.000.00006112.39
Details
Intrinsic
Valuation
LowRealHigh
0.000.00009612.39
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00010.00010.0001
Details

Other Forecasting Options for Quantum Energy

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

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

Quantum Energy 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 Quantum Energy'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 Quantum Energy's current price.

Quantum Energy Market Strength Events

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

Quantum Energy Risk Indicators

The analysis of Quantum Energy'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 Quantum Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting quantum 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Quantum Pink Sheet

Quantum Energy financial ratios help investors to determine whether Quantum 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 Quantum with respect to the benefits of owning Quantum Energy security.