TelstraLimited Pink Sheet Forecast - Simple Exponential Smoothing
| TLGPY Stock | USD 16.48 0.11 0.67% |
The Simple Exponential Smoothing forecasted value of Telstra Limited on the next trading day is expected to be 16.48 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.89. TelstraLimited Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of TelstraLimited'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 TelstraLimited hype-based prediction, you can estimate the value of Telstra Limited from the perspective of TelstraLimited response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Telstra Limited on the next trading day is expected to be 16.48 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.89. TelstraLimited after-hype prediction price | USD 16.46 |
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.
TelstraLimited |
TelstraLimited Additional Predictive Modules
Most predictive techniques to examine TelstraLimited price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TelstraLimited using various technical indicators. When you analyze TelstraLimited 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 |
TelstraLimited Simple Exponential Smoothing Price Forecast For the 3rd of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Telstra Limited on the next trading day is expected to be 16.48 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.89.Please note that although there have been many attempts to predict TelstraLimited 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 TelstraLimited's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
TelstraLimited Pink Sheet Forecast Pattern
| Backtest TelstraLimited | TelstraLimited Price Prediction | Buy or Sell Advice |
TelstraLimited Forecasted Value
In the context of forecasting TelstraLimited'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. TelstraLimited's downside and upside margins for the forecasting period are 15.46 and 17.50, respectively. We have considered TelstraLimited'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 TelstraLimited pink sheet data series using in forecasting. Note that when a statistical model is used to represent TelstraLimited 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 | 112.67 |
| Bias | Arithmetic mean of the errors | -0.0095 |
| MAD | Mean absolute deviation | 0.1315 |
| MAPE | Mean absolute percentage error | 0.0081 |
| SAE | Sum of the absolute errors | 7.89 |
Predictive Modules for TelstraLimited
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Telstra Limited. 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.Other Forecasting Options for TelstraLimited
For every potential investor in TelstraLimited, whether a beginner or expert, TelstraLimited's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TelstraLimited Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TelstraLimited. Basic forecasting techniques help filter out the noise by identifying TelstraLimited's price trends.View TelstraLimited Related Equities
| Risk & Return | Correlation |
Telstra Limited 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 TelstraLimited'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 TelstraLimited's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
TelstraLimited Market Strength Events
Market strength indicators help investors to evaluate how TelstraLimited 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 TelstraLimited shares will generate the highest return on investment. By undertsting and applying TelstraLimited pink sheet market strength indicators, traders can identify Telstra Limited entry and exit signals to maximize returns.
TelstraLimited Risk Indicators
The analysis of TelstraLimited'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 TelstraLimited's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting telstralimited 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 | 0.8026 | |||
| Semi Deviation | 0.9618 | |||
| Standard Deviation | 1.01 | |||
| Variance | 1.01 | |||
| Downside Variance | 1.14 | |||
| Semi Variance | 0.9251 | |||
| Expected Short fall | (0.90) |
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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Additional Tools for TelstraLimited Pink Sheet Analysis
When running TelstraLimited's price analysis, check to measure TelstraLimited'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 TelstraLimited is operating at the current time. Most of TelstraLimited's value examination focuses on studying past and present price action to predict the probability of TelstraLimited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TelstraLimited's price. Additionally, you may evaluate how the addition of TelstraLimited to your portfolios can decrease your overall portfolio volatility.