Strategic Env OTC Stock Forecast - Triple Exponential Smoothing
SENR Stock | USD 0.06 0.01 20.00% |
The Triple Exponential Smoothing forecasted value of Strategic Env Egy on the next trading day is expected to be 0.06 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.74. Strategic OTC Stock Forecast is based on your current time horizon.
Strategic |
Strategic Env Triple Exponential Smoothing Price Forecast For the 2nd of December
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Strategic Env Egy on the next trading day is expected to be 0.06 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.74.Please note that although there have been many attempts to predict Strategic 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 Strategic Env's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Strategic Env OTC Stock Forecast Pattern
Backtest Strategic Env | Strategic Env Price Prediction | Buy or Sell Advice |
Strategic Env Forecasted Value
In the context of forecasting Strategic Env'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. Strategic Env's downside and upside margins for the forecasting period are 0.0006 and 39.86, respectively. We have considered Strategic Env'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Strategic Env otc stock data series using in forecasting. Note that when a statistical model is used to represent Strategic Env 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.AIC | Akaike Information Criteria | Huge |
Bias | Arithmetic mean of the errors | 0.0011 |
MAD | Mean absolute deviation | 0.0125 |
MAPE | Mean absolute percentage error | 0.2371 |
SAE | Sum of the absolute errors | 0.7363 |
Predictive Modules for Strategic Env
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Strategic Env Egy. 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.Other Forecasting Options for Strategic Env
For every potential investor in Strategic, whether a beginner or expert, Strategic Env's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Strategic OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Strategic. Basic forecasting techniques help filter out the noise by identifying Strategic Env's price trends.Strategic Env 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 Strategic Env otc stock to make a market-neutral strategy. Peer analysis of Strategic Env could also be used in its relative valuation, which is a method of valuing Strategic Env by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Strategic Env Egy 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 Strategic Env'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 Strategic Env's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Strategic Env Market Strength Events
Market strength indicators help investors to evaluate how Strategic Env 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 Strategic Env shares will generate the highest return on investment. By undertsting and applying Strategic Env otc stock market strength indicators, traders can identify Strategic Env Egy entry and exit signals to maximize returns.
Strategic Env Risk Indicators
The analysis of Strategic Env'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 Strategic Env's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting strategic 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.
Mean Deviation | 20.0 | |||
Semi Deviation | 18.09 | |||
Standard Deviation | 39.58 | |||
Variance | 1566.89 | |||
Downside Variance | 2163.35 | |||
Semi Variance | 327.2 | |||
Expected Short fall | (56.28) |
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.
Pair Trading with Strategic Env
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Strategic Env position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Strategic Env will appreciate offsetting losses from the drop in the long position's value.Moving against Strategic OTC Stock
0.46 | CVX | Chevron Corp Sell-off Trend | PairCorr |
0.45 | DIS | Walt Disney Sell-off Trend | PairCorr |
0.41 | HPQ | HP Inc | PairCorr |
0.39 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
0.39 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
The ability to find closely correlated positions to Strategic Env could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strategic Env when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Strategic Env - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Strategic Env Egy to buy it.
The correlation of Strategic Env is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Strategic Env moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strategic Env Egy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Strategic Env can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Strategic OTC Stock Analysis
When running Strategic Env's price analysis, check to measure Strategic Env'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 Strategic Env is operating at the current time. Most of Strategic Env's value examination focuses on studying past and present price action to predict the probability of Strategic Env's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strategic Env's price. Additionally, you may evaluate how the addition of Strategic Env to your portfolios can decrease your overall portfolio volatility.