TGI Solar Pink Sheet Forecast - Simple Exponential Smoothing
| TSPG Stock | USD 0.0008 0.0001 14.29% |
The Simple Exponential Smoothing forecasted value of TGI Solar Power on the next trading day is expected to be 0.0008 with a mean absolute deviation of 0.000097 and the sum of the absolute errors of 0.01. TGI Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of TGI Solar's historical fundamentals, such as revenue growth or operating cash flow patterns.
TGI |
TGI Solar Simple Exponential Smoothing Price Forecast For the 3rd of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of TGI Solar Power on the next trading day is expected to be 0.0008 with a mean absolute deviation of 0.000097, mean absolute percentage error of 0.00000003, and the sum of the absolute errors of 0.01.Please note that although there have been many attempts to predict TGI 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 TGI Solar's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
TGI Solar Pink Sheet Forecast Pattern
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TGI Solar Forecasted Value
In the context of forecasting TGI Solar'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. TGI Solar's downside and upside margins for the forecasting period are 0.000008 and 13.80, respectively. We have considered TGI Solar'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 TGI Solar pink sheet data series using in forecasting. Note that when a statistical model is used to represent TGI Solar 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 | 98.9833 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.0E-4 |
| MAPE | Mean absolute percentage error | 0.0886 |
| SAE | Sum of the absolute errors | 0.0058 |
Predictive Modules for TGI Solar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TGI Solar Power. 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 TGI Solar
For every potential investor in TGI, whether a beginner or expert, TGI Solar's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TGI Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TGI. Basic forecasting techniques help filter out the noise by identifying TGI Solar's price trends.TGI Solar 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 TGI Solar pink sheet to make a market-neutral strategy. Peer analysis of TGI Solar could also be used in its relative valuation, which is a method of valuing TGI Solar by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TGI Solar Power 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 TGI Solar'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 TGI Solar's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
TGI Solar Market Strength Events
Market strength indicators help investors to evaluate how TGI Solar 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 TGI Solar shares will generate the highest return on investment. By undertsting and applying TGI Solar pink sheet market strength indicators, traders can identify TGI Solar Power entry and exit signals to maximize returns.
| Accumulation Distribution | 0.11 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.14 | |||
| Day Median Price | 9.0E-4 | |||
| Day Typical Price | 8.0E-4 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Period Momentum Indicator | 1.0E-4 |
TGI Solar Risk Indicators
The analysis of TGI Solar'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 TGI Solar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tgi 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 | 8.85 | |||
| Standard Deviation | 13.93 | |||
| Variance | 193.94 |
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 TGI Pink Sheet
TGI Solar financial ratios help investors to determine whether TGI 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 TGI with respect to the benefits of owning TGI Solar security.