Spirits Time Pink Sheet Forecast - Double Exponential Smoothing

SRSG Stock  USD 0.0005  0.00  0.00%   
The Double Exponential Smoothing forecasted value of Spirits Time International on the next trading day is expected to be 0.0005 with a mean absolute deviation of 0.00000508 and the sum of the absolute errors of 0.0003. Spirits Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Spirits Time'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 Spirits Time works best with periods where there are trends or seasonality.

Spirits Time Double Exponential Smoothing Price Forecast For the 28th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Spirits Time International on the next trading day is expected to be 0.0005 with a mean absolute deviation of 0.00000508, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0003.
Please note that although there have been many attempts to predict Spirits 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 Spirits Time's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Spirits Time Pink Sheet Forecast Pattern

Backtest Spirits TimeSpirits Time Price PredictionBuy or Sell Advice 

Spirits Time Forecasted Value

In the context of forecasting Spirits Time'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. Spirits Time's downside and upside margins for the forecasting period are 0.000005 and 18.75, respectively. We have considered Spirits Time'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
0.0005
0.000005
Downside
0.0005
Expected Value
18.75
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 Spirits Time pink sheet data series using in forecasting. Note that when a statistical model is used to represent Spirits Time 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 error0.0102
SAESum of the absolute errors3.0E-4
When Spirits Time International 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 Spirits Time International 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 Spirits Time observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Spirits Time

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spirits Time Interna. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spirits Time's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.000318.75
Details
Intrinsic
Valuation
LowRealHigh
0.000.000418.75
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.0000610.00040.0007
Details

Other Forecasting Options for Spirits Time

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

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

Spirits Time Interna 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 Spirits Time'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 Spirits Time's current price.

Spirits Time Market Strength Events

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

Spirits Time Risk Indicators

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

Currently Active Assets on Macroaxis

Other Information on Investing in Spirits Pink Sheet

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