Smoore International Pink Sheet Forecast - Simple Exponential Smoothing

SMORF Stock  USD 1.22  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of Smoore International Holdings on the next trading day is expected to be 1.22 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Smoore Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Smoore International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Smoore International simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Smoore International Holdings are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Smoore International prices get older.

Smoore International Simple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Smoore International Holdings on the next trading day is expected to be 1.22 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Smoore 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 Smoore International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Smoore International Pink Sheet Forecast Pattern

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Smoore International Forecasted Value

In the context of forecasting Smoore International'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. Smoore International's downside and upside margins for the forecasting period are 0.68 and 1.76, respectively. We have considered Smoore International'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
1.22
1.22
Expected Value
1.76
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Smoore International pink sheet data series using in forecasting. Note that when a statistical model is used to represent Smoore International 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This simple exponential smoothing model begins by setting Smoore International Holdings forecast for the second period equal to the observation of the first period. In other words, recent Smoore International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Smoore International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Smoore International. 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
0.681.221.76
Details
Intrinsic
Valuation
LowRealHigh
0.681.221.76
Details

Other Forecasting Options for Smoore International

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

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

Smoore International 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 Smoore International'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 Smoore International's current price.

Smoore International Market Strength Events

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

Smoore International Risk Indicators

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

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Other Information on Investing in Smoore Pink Sheet

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