Tanke Biosciences Pink Sheet Forecast - 4 Period Moving Average

TNBI Stock  USD 0.01  0  24.00%   
The 4 Period Moving Average forecasted value of Tanke Biosciences on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.11. Tanke Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Tanke Biosciences' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Tanke Biosciences is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Tanke Biosciences 4 Period Moving Average Price Forecast For the 28th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Tanke Biosciences on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0.000038, and the sum of the absolute errors of 0.11.
Please note that although there have been many attempts to predict Tanke 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 Tanke Biosciences' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tanke Biosciences Pink Sheet Forecast Pattern

Backtest Tanke BiosciencesTanke Biosciences Price PredictionBuy or Sell Advice 

Tanke Biosciences Forecasted Value

In the context of forecasting Tanke Biosciences' 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. Tanke Biosciences' downside and upside margins for the forecasting period are 0.000076 and 52.39, respectively. We have considered Tanke Biosciences' 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
0.01
0.000076
Downside
0.01
Expected Value
52.39
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Tanke Biosciences pink sheet data series using in forecasting. Note that when a statistical model is used to represent Tanke Biosciences 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 Criteria100.5857
BiasArithmetic mean of the errors None
MADMean absolute deviation0.002
MAPEMean absolute percentage error0.1042
SAESum of the absolute errors0.1124
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Tanke Biosciences. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Tanke Biosciences and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Tanke Biosciences

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tanke Biosciences. 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
0.000.0150.39
Details
Intrinsic
Valuation
LowRealHigh
0.000.0150.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tanke Biosciences. Your research has to be compared to or analyzed against Tanke Biosciences' peers to derive any actionable benefits. When done correctly, Tanke Biosciences' 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 Tanke Biosciences.

Other Forecasting Options for Tanke Biosciences

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

View Tanke Biosciences Related Equities

 Risk & Return  Correlation

Tanke Biosciences 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 Tanke Biosciences' 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 Tanke Biosciences' current price.

Tanke Biosciences Market Strength Events

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

Tanke Biosciences Risk Indicators

The analysis of Tanke Biosciences' 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 Tanke Biosciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tanke 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Tanke Pink Sheet

Tanke Biosciences financial ratios help investors to determine whether Tanke 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 Tanke with respect to the benefits of owning Tanke Biosciences security.