Worry Free Pink Sheet Forecast - Double Exponential Smoothing

TEAH Stock  USD 0.0005  0.0003  150.00%   
The Double Exponential Smoothing forecasted value of Worry Free Tea 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. Worry Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Worry Free'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 Worry Free works best with periods where there are trends or seasonality.

Worry Free Double Exponential Smoothing Price Forecast For the 29th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Worry Free Tea 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 Worry 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 Worry Free's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Worry Free Pink Sheet Forecast Pattern

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Worry Free Forecasted Value

In the context of forecasting Worry Free'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. Worry Free's downside and upside margins for the forecasting period are 0.000005 and 18.46, respectively. We have considered Worry Free'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
18.46
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 Worry Free pink sheet data series using in forecasting. Note that when a statistical model is used to represent Worry Free 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 Worry Free Tea 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 Worry Free Tea 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 Worry Free observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Worry Free

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Worry Free Tea. 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
0.000.000318.61
Details
Intrinsic
Valuation
LowRealHigh
0.000.000418.61
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.0000290.00030.0006
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Worry Free. Your research has to be compared to or analyzed against Worry Free's peers to derive any actionable benefits. When done correctly, Worry Free's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Worry Free Tea.

Other Forecasting Options for Worry Free

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

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

Worry Free Tea 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 Worry Free'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 Worry Free's current price.

Worry Free Market Strength Events

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

Worry Free Risk Indicators

The analysis of Worry Free'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 Worry Free's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting worry 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 Worry Pink Sheet

Worry Free financial ratios help investors to determine whether Worry 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 Worry with respect to the benefits of owning Worry Free security.