Protext Mobility Pink Sheet Forecast - Simple Exponential Smoothing

TXTM Stock  USD 0  0.0003  8.11%   
The Simple Exponential Smoothing forecasted value of Protext Mobility on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01. Protext Pink Sheet Forecast is based on your current time horizon.
As of now the relative strength index (rsi) of Protext Mobility'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
The successful prediction of Protext Mobility's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Protext Mobility and does not consider all of the tangible or intangible factors available from Protext Mobility's fundamental data. We analyze noise-free headlines and recent hype associated with Protext Mobility, which may create opportunities for some arbitrage if properly timed.
Using Protext Mobility hype-based prediction, you can estimate the value of Protext Mobility from the perspective of Protext Mobility response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Protext Mobility on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01.

Protext Mobility after-hype prediction price

    
  USD 0.003831  
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.
  
Check out Historical Fundamental Analysis of Protext Mobility to cross-verify your projections.

Protext Mobility Additional Predictive Modules

Most predictive techniques to examine Protext price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Protext using various technical indicators. When you analyze Protext 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.
Protext Mobility simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Protext Mobility are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Protext Mobility prices get older.

Protext Mobility Simple Exponential Smoothing Price Forecast For the 9th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Protext Mobility on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002, mean absolute percentage error of 0.00000006, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict Protext 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 Protext Mobility's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Protext Mobility Pink Sheet Forecast Pattern

Backtest Protext MobilityProtext Mobility Price PredictionBuy or Sell Advice 

Protext Mobility Forecasted Value

In the context of forecasting Protext Mobility'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. Protext Mobility's downside and upside margins for the forecasting period are 0.000034 and 7.00, respectively. We have considered Protext Mobility'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
0.000034
Downside
0
Expected Value
7.00
Upside

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 Protext Mobility pink sheet data series using in forecasting. Note that when a statistical model is used to represent Protext Mobility 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 Criteria101.4897
BiasArithmetic mean of the errors None
MADMean absolute deviation2.0E-4
MAPEMean absolute percentage error0.0523
SAESum of the absolute errors0.0117
This simple exponential smoothing model begins by setting Protext Mobility forecast for the second period equal to the observation of the first period. In other words, recent Protext Mobility observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Protext Mobility

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Protext Mobility. 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 Protext Mobility'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.
Hype
Prediction
LowEstimatedHigh
0.0007.00
Details
Intrinsic
Valuation
LowRealHigh
0.0007.00
Details

Other Forecasting Options for Protext Mobility

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

Protext Mobility 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 Protext Mobility pink sheet to make a market-neutral strategy. Peer analysis of Protext Mobility could also be used in its relative valuation, which is a method of valuing Protext Mobility by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Protext Mobility 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 Protext Mobility'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 Protext Mobility's current price.

Protext Mobility Market Strength Events

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

Protext Mobility Risk Indicators

The analysis of Protext Mobility'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 Protext Mobility's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting protext 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.

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Other Information on Investing in Protext Pink Sheet

Protext Mobility financial ratios help investors to determine whether Protext 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 Protext with respect to the benefits of owning Protext Mobility security.