Sohm Pink Sheet Forecast - Triple Exponential Smoothing

SHMN Stock  USD 0.0009  0.0001  10.00%   
The Triple Exponential Smoothing forecasted value of Sohm Inc on the next trading day is expected to be 0.0009 with a mean absolute deviation of 0.0001 and the sum of the absolute errors of 0.01. Sohm Pink Sheet Forecast is based on your current time horizon.
As of today the relative strength index (rsi) of Sohm's share price is below 20 . This usually implies that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Sohm's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Sohm Inc, which may create opportunities for some arbitrage if properly timed.
Using Sohm hype-based prediction, you can estimate the value of Sohm Inc from the perspective of Sohm response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Sohm Inc on the next trading day is expected to be 0.0009 with a mean absolute deviation of 0.0001 and the sum of the absolute errors of 0.01.

Sohm after-hype prediction price

    
  USD 0.001066  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Sohm to cross-verify your projections.

Sohm Additional Predictive Modules

Most predictive techniques to examine Sohm price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sohm using various technical indicators. When you analyze Sohm charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Triple exponential smoothing for Sohm - 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 Sohm 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 Sohm price movement. However, neither of these exponential smoothing models address any seasonality of Sohm Inc.

Sohm Triple Exponential Smoothing Price Forecast For the 3rd of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Sohm Inc on the next trading day is expected to be 0.0009 with a mean absolute deviation of 0.0001, mean absolute percentage error of 0.00000002, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict Sohm 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 Sohm's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sohm Pink Sheet Forecast Pattern

Backtest SohmSohm Price PredictionBuy or Sell Advice 

Sohm Forecasted Value

In the context of forecasting Sohm'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. Sohm's downside and upside margins for the forecasting period are 0.000009 and 11.49, respectively. We have considered Sohm'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
0.0009
0.000009
Downside
0.0009
Expected Value
11.49
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 Sohm pink sheet data series using in forecasting. Note that when a statistical model is used to represent Sohm 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 deviation1.0E-4
MAPEMean absolute percentage error0.0903
SAESum of the absolute errors0.0059
As with simple exponential smoothing, in triple exponential smoothing models past Sohm 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 Sohm Inc observations.

Predictive Modules for Sohm

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sohm Inc. 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
0.00011.49
Details
Intrinsic
Valuation
LowRealHigh
0.000.000911.49
Details

Other Forecasting Options for Sohm

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

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

Sohm Inc 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 Sohm'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 Sohm's current price.

Sohm Market Strength Events

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

Sohm Risk Indicators

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

Other Information on Investing in Sohm Pink Sheet

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