Silver Bear Pink Sheet Forecast - Double Exponential Smoothing

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

Silver Bear Double Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Silver Bear Resources on the next trading day is expected to be 0.0003 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 Silver 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 Silver Bear's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Silver Bear Pink Sheet Forecast Pattern

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Silver Bear Forecasted Value

In the context of forecasting Silver Bear'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. Silver Bear's downside and upside margins for the forecasting period are 0.0003 and 0.0003, respectively. We have considered Silver Bear'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
0.0003
0.0003
Downside
0.0003
Expected Value
0.0003
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 Silver Bear pink sheet data series using in forecasting. Note that when a statistical model is used to represent Silver Bear 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 error0.0
SAESum of the absolute errors0.0
When Silver Bear Resources 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 Silver Bear Resources 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 Silver Bear observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Silver Bear

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Silver Bear Resources. 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
0.000.00030.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.00030.00
Details

Other Forecasting Options for Silver Bear

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

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

Silver Bear Resources 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 Silver Bear'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 Silver Bear's current price.

Silver Bear Market Strength Events

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

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Other Information on Investing in Silver Pink Sheet

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