Turk Hava Pink Sheet Forecast - Simple Exponential Smoothing
| TKHVY Stock | USD 66.32 2.74 4.31% |
The Simple Exponential Smoothing forecasted value of Turk Hava Yollari on the next trading day is expected to be 66.32 with a mean absolute deviation of 0.50 and the sum of the absolute errors of 30.30. Turk Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Turk Hava's share price is below 20 . This usually implies that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Turk Hava hype-based prediction, you can estimate the value of Turk Hava Yollari from the perspective of Turk Hava response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Turk Hava Yollari on the next trading day is expected to be 66.32 with a mean absolute deviation of 0.50 and the sum of the absolute errors of 30.30. Turk Hava after-hype prediction price | USD 66.32 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Turk |
Turk Hava Additional Predictive Modules
Most predictive techniques to examine Turk price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Turk using various technical indicators. When you analyze Turk 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Turk Hava Simple Exponential Smoothing Price Forecast For the 10th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Turk Hava Yollari on the next trading day is expected to be 66.32 with a mean absolute deviation of 0.50, mean absolute percentage error of 1.79, and the sum of the absolute errors of 30.30.Please note that although there have been many attempts to predict Turk 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 Turk Hava's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Turk Hava Pink Sheet Forecast Pattern
| Backtest Turk Hava | Turk Hava Price Prediction | Buy or Sell Advice |
Turk Hava Forecasted Value
In the context of forecasting Turk Hava'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. Turk Hava's downside and upside margins for the forecasting period are 64.36 and 68.28, respectively. We have considered Turk Hava'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.
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 Turk Hava pink sheet data series using in forecasting. Note that when a statistical model is used to represent Turk Hava 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.| AIC | Akaike Information Criteria | 116.8549 |
| Bias | Arithmetic mean of the errors | 0.153 |
| MAD | Mean absolute deviation | 0.505 |
| MAPE | Mean absolute percentage error | 0.0077 |
| SAE | Sum of the absolute errors | 30.3 |
Predictive Modules for Turk Hava
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Turk Hava Yollari. 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 Turk Hava'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.
Other Forecasting Options for Turk Hava
For every potential investor in Turk, whether a beginner or expert, Turk Hava's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Turk Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Turk. Basic forecasting techniques help filter out the noise by identifying Turk Hava's price trends.Turk Hava 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 Turk Hava pink sheet to make a market-neutral strategy. Peer analysis of Turk Hava could also be used in its relative valuation, which is a method of valuing Turk Hava by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Turk Hava Yollari 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 Turk Hava'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 Turk Hava's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Turk Hava Market Strength Events
Market strength indicators help investors to evaluate how Turk Hava 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 Turk Hava shares will generate the highest return on investment. By undertsting and applying Turk Hava pink sheet market strength indicators, traders can identify Turk Hava Yollari entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 66.32 | |||
| Day Typical Price | 66.32 | |||
| Price Action Indicator | 1.37 | |||
| Period Momentum Indicator | 2.74 |
Turk Hava Risk Indicators
The analysis of Turk Hava'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 Turk Hava's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting turk 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.
| Mean Deviation | 0.8828 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.84 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Turk Pink Sheet Analysis
When running Turk Hava's price analysis, check to measure Turk Hava's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turk Hava is operating at the current time. Most of Turk Hava's value examination focuses on studying past and present price action to predict the probability of Turk Hava's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turk Hava's price. Additionally, you may evaluate how the addition of Turk Hava to your portfolios can decrease your overall portfolio volatility.