Scout24 AG Pink Sheet Forecast - Double Exponential Smoothing
| SCOTF Stock | USD 115.36 0.00 0.00% |
The Double Exponential Smoothing forecasted value of Scout24 AG on the next trading day is expected to be 115.36 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 10.89. Scout24 Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Scout24 AG's historical fundamentals, such as revenue growth or operating cash flow patterns.
Scout24 |
Scout24 AG Double Exponential Smoothing Price Forecast For the 28th of December
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Scout24 AG on the next trading day is expected to be 115.36 with a mean absolute deviation of 0.18, mean absolute percentage error of 1.21, and the sum of the absolute errors of 10.89.Please note that although there have been many attempts to predict Scout24 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 Scout24 AG's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Scout24 AG Pink Sheet Forecast Pattern
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Scout24 AG Forecasted Value
In the context of forecasting Scout24 AG'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. Scout24 AG's downside and upside margins for the forecasting period are 114.52 and 116.20, respectively. We have considered Scout24 AG'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.
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 Scout24 AG pink sheet data series using in forecasting. Note that when a statistical model is used to represent Scout24 AG 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.1846 |
| MAD | Mean absolute deviation | 0.1846 |
| MAPE | Mean absolute percentage error | 0.0016 |
| SAE | Sum of the absolute errors | 10.89 |
Predictive Modules for Scout24 AG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scout24 AG. 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 Scout24 AG'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.
Other Forecasting Options for Scout24 AG
For every potential investor in Scout24, whether a beginner or expert, Scout24 AG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Scout24 Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Scout24. Basic forecasting techniques help filter out the noise by identifying Scout24 AG's price trends.Scout24 AG 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 Scout24 AG pink sheet to make a market-neutral strategy. Peer analysis of Scout24 AG could also be used in its relative valuation, which is a method of valuing Scout24 AG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Scout24 AG 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 Scout24 AG'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 Scout24 AG's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Scout24 AG Market Strength Events
Market strength indicators help investors to evaluate how Scout24 AG 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 Scout24 AG shares will generate the highest return on investment. By undertsting and applying Scout24 AG pink sheet market strength indicators, traders can identify Scout24 AG entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 115.36 | |||
| Day Typical Price | 115.36 |
Scout24 AG Risk Indicators
The analysis of Scout24 AG'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 Scout24 AG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting scout24 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.
| Mean Deviation | 0.2581 | |||
| Standard Deviation | 0.8267 | |||
| Variance | 0.6835 |
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 Scout24 Pink Sheet
Scout24 AG financial ratios help investors to determine whether Scout24 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 Scout24 with respect to the benefits of owning Scout24 AG security.