Betmakers Technology Pink Sheet Forecast - Double Exponential Smoothing
| TPBTF Stock | USD 0.05 0.00 0.00% |
The Double Exponential Smoothing forecasted value of Betmakers Technology Group on the next trading day is expected to be 0.05 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Betmakers Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Betmakers Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Betmakers Technology Double Exponential Smoothing Price Forecast For the 27th of November
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Betmakers Technology Group on the next trading day is expected to be 0.05 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict Betmakers 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 Betmakers Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Betmakers Technology Pink Sheet Forecast Pattern
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Betmakers Technology Forecasted Value
In the context of forecasting Betmakers Technology'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. Betmakers Technology's downside and upside margins for the forecasting period are 0.05 and 0.05, respectively. We have considered Betmakers Technology'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Betmakers Technology pink sheet data series using in forecasting. Note that when a statistical model is used to represent Betmakers Technology 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 | Huge |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Betmakers Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Betmakers Technology. 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 Betmakers Technology'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 Betmakers Technology
For every potential investor in Betmakers, whether a beginner or expert, Betmakers Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Betmakers Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Betmakers. Basic forecasting techniques help filter out the noise by identifying Betmakers Technology's price trends.Betmakers Technology 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 Betmakers Technology pink sheet to make a market-neutral strategy. Peer analysis of Betmakers Technology could also be used in its relative valuation, which is a method of valuing Betmakers Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Betmakers Technology 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 Betmakers Technology'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 Betmakers Technology's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Betmakers Technology Market Strength Events
Market strength indicators help investors to evaluate how Betmakers Technology 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 Betmakers Technology shares will generate the highest return on investment. By undertsting and applying Betmakers Technology pink sheet market strength indicators, traders can identify Betmakers Technology Group entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0514 | |||
| Day Typical Price | 0.0514 |
Currently Active Assets on Macroaxis
Other Information on Investing in Betmakers Pink Sheet
Betmakers Technology financial ratios help investors to determine whether Betmakers 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 Betmakers with respect to the benefits of owning Betmakers Technology security.