TonnerOne World Pink Sheet Forecast - Triple Exponential Smoothing

TONR Stock  USD 0.0002  0.0001  33.33%   
The Triple Exponential Smoothing forecasted value of TonnerOne World Holdings on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.000024 and the sum of the absolute errors of 0. TonnerOne Pink Sheet Forecast is based on your current time horizon.
  
Triple exponential smoothing for TonnerOne World - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When TonnerOne World 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 trend in TonnerOne World price movement. However, neither of these exponential smoothing models address any seasonality of TonnerOne World Holdings.

TonnerOne World Triple Exponential Smoothing Price Forecast For the 23rd of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of TonnerOne World Holdings on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.000024, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict TonnerOne 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 TonnerOne World's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

TonnerOne World Pink Sheet Forecast Pattern

Backtest TonnerOne WorldTonnerOne World Price PredictionBuy or Sell Advice 

TonnerOne World Forecasted Value

In the context of forecasting TonnerOne World'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. TonnerOne World's downside and upside margins for the forecasting period are 0.000002 and 18.99, respectively. We have considered TonnerOne World'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
0.0002
0.000002
Downside
0.0003
Expected Value
18.99
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of TonnerOne World pink sheet data series using in forecasting. Note that when a statistical model is used to represent TonnerOne World 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 error0.106
SAESum of the absolute errors0.0014
As with simple exponential smoothing, in triple exponential smoothing models past TonnerOne World observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older TonnerOne World Holdings observations.

Predictive Modules for TonnerOne World

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TonnerOne World Holdings. 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
0.000.000217.56
Details
Intrinsic
Valuation
LowRealHigh
0.000.000217.56
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00030.00030.0003
Details

Other Forecasting Options for TonnerOne World

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

View TonnerOne World Related Equities

 Risk & Return  Correlation

TonnerOne World Holdings 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 TonnerOne World'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 TonnerOne World's current price.

TonnerOne World Market Strength Events

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

TonnerOne World Risk Indicators

The analysis of TonnerOne World'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 TonnerOne World's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tonnerone 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.

Pair Trading with TonnerOne World

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TonnerOne World position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TonnerOne World will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to TonnerOne World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TonnerOne World when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TonnerOne World - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TonnerOne World Holdings to buy it.
The correlation of TonnerOne World is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TonnerOne World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TonnerOne World Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TonnerOne World can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for TonnerOne Pink Sheet Analysis

When running TonnerOne World's price analysis, check to measure TonnerOne World'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 TonnerOne World is operating at the current time. Most of TonnerOne World's value examination focuses on studying past and present price action to predict the probability of TonnerOne World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TonnerOne World's price. Additionally, you may evaluate how the addition of TonnerOne World to your portfolios can decrease your overall portfolio volatility.