Serabi Gold OTC Stock Forecast - Double Exponential Smoothing

SRBIF Stock  USD 1.05  0.00  0.00%   
The Double Exponential Smoothing forecasted value of Serabi Gold PLC on the next trading day is expected to be 1.05 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.54. Serabi OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Serabi Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Serabi Gold works best with periods where there are trends or seasonality.

Serabi Gold Double Exponential Smoothing Price Forecast For the 2nd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Serabi Gold PLC on the next trading day is expected to be 1.05 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.54.
Please note that although there have been many attempts to predict Serabi 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 Serabi Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Serabi Gold OTC Stock Forecast Pattern

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Serabi Gold Forecasted Value

In the context of forecasting Serabi Gold'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. Serabi Gold's downside and upside margins for the forecasting period are 0.01 and 7.65, respectively. We have considered Serabi Gold'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
1.05
1.05
Expected Value
7.65
Upside

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 Serabi Gold otc stock data series using in forecasting. Note that when a statistical model is used to represent Serabi Gold 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.002
MADMean absolute deviation0.043
MAPEMean absolute percentage error0.0395
SAESum of the absolute errors2.5373
When Serabi Gold PLC 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 Serabi Gold PLC trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Serabi Gold observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Serabi Gold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Serabi Gold PLC. 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.
Hype
Prediction
LowEstimatedHigh
0.051.057.65
Details
Intrinsic
Valuation
LowRealHigh
0.050.917.51
Details

Other Forecasting Options for Serabi Gold

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

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 Risk & Return  Correlation

Serabi Gold PLC 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 Serabi Gold'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 Serabi Gold's current price.

Serabi Gold Market Strength Events

Market strength indicators help investors to evaluate how Serabi Gold 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 Serabi Gold shares will generate the highest return on investment. By undertsting and applying Serabi Gold otc stock market strength indicators, traders can identify Serabi Gold PLC entry and exit signals to maximize returns.

Serabi Gold Risk Indicators

The analysis of Serabi Gold'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 Serabi Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting serabi 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.
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 Serabi OTC Stock

Serabi Gold financial ratios help investors to determine whether Serabi OTC Stock 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 Serabi with respect to the benefits of owning Serabi Gold security.