Solar Integrated Pink Sheet Forecast - Triple Exponential Smoothing

SIRC Stock  USD 0.0001  0.0001  50.00%   
The Triple Exponential Smoothing forecasted value of Solar Integrated Roofing on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000041 and the sum of the absolute errors of 0. Solar Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Solar Integrated stock prices and determine the direction of Solar Integrated Roofing's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Solar Integrated's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Solar Integrated - 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 Solar Integrated 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 Solar Integrated price movement. However, neither of these exponential smoothing models address any seasonality of Solar Integrated Roofing.

Solar Integrated Triple Exponential Smoothing Price Forecast For the 27th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Solar Integrated Roofing on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000041, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Solar 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 Solar Integrated's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Solar Integrated Pink Sheet Forecast Pattern

Backtest Solar IntegratedSolar Integrated Price PredictionBuy or Sell Advice 

Solar Integrated Forecasted Value

In the context of forecasting Solar Integrated'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. Solar Integrated's downside and upside margins for the forecasting period are 0.000001 and 46.26, respectively. We have considered Solar Integrated'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
46.26
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 Solar Integrated pink sheet data series using in forecasting. Note that when a statistical model is used to represent Solar Integrated 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 deviation0.0
MAPEMean absolute percentage error0.3038
SAESum of the absolute errors0.0024
As with simple exponential smoothing, in triple exponential smoothing models past Solar Integrated 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 Solar Integrated Roofing observations.

Predictive Modules for Solar Integrated

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solar Integrated Roofing. 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
0.000.0000946.26
Details
Intrinsic
Valuation
LowRealHigh
0.000.000146.26
Details

Other Forecasting Options for Solar Integrated

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

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

Solar Integrated Roofing 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 Solar Integrated'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 Solar Integrated's current price.

Solar Integrated Market Strength Events

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

Solar Integrated Risk Indicators

The analysis of Solar Integrated'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 Solar Integrated's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting solar 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 Solar Pink Sheet

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