Therma Bright OTC Stock Forecast - Simple Exponential Smoothing

Therma Bright Additional Predictive Modules

Most predictive techniques to examine Therma price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Therma using various technical indicators. When you analyze Therma charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Therma Bright 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 Therma Bright are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Therma Bright prices get older.

Therma Bright Simple Exponential Smoothing Price Forecast For the 29th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Therma Bright on the next trading day is expected to be 0.05 with a mean absolute deviation of 0, mean absolute percentage error of 0.000029, and the sum of the absolute errors of 0.19.

Therma Bright OTC Stock Forecast Pattern

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Therma Bright Price Prediction

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Therma Bright Forecasted Value

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 Therma Bright otc stock data series using in forecasting. Note that when a statistical model is used to represent Therma Bright 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. This simple exponential smoothing model begins by setting Therma Bright forecast for the second period equal to the observation of the first period. In other words, recent Therma Bright observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Therma Bright

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Therma Bright. 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 Low Estimated High 0.00 0.06 13.07 Details

Intrinsic Valuation Low Real High 0.00 0.04 13.05 Details

Bollinger Band Projection (param) Low Middle High 0.03 0.04 0.05 Details

Therma Bright After-Hype Price Density Analysis

Therma Bright Estimiated After-Hype Price Volatility

Therma Bright OTC Stock Price Outlook Analysis

Notes

Therma Bright Hype Timeline

Therma Bright is at this time traded for 0.06. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.06. Therma is forecasted to increase in value after the next headline, with the price projected to jump to 0.06 or above. The average volatility of media hype impact on the company the price is insignificant. The price rise on the next news is projected to be 9.09%, whereas the daily expected return is at this time at 0.74%. The volatility of related hype on Therma Bright is about 14954.02%, with the expected price after the next announcement by competition of 0.00. The company has return on total asset (ROA) of (0.9483) % which means that it has lost $0.9483 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (2.7247) %, meaning that it generated substantial loss on money invested by shareholders. Therma Bright's management efficiency ratios could be used to measure how well Therma Bright manages its routine affairs as well as how well it operates its assets and liabilities. Assuming the 90 days horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Therma Bright to cross-verify your projections.

Therma Bright Related Hype Analysis

Other Forecasting Options for Therma Bright

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

Therma Bright Related Equities

Risk & Return

Correlation

Therma Bright Market Strength Events

Therma Bright Risk Indicators

Story Coverage note for Therma Bright

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Other Information on Investing in Therma OTC Stock