Victoria Gold Pink Sheet Forecast - Simple Exponential Smoothing

VITFF Stock  USD 0.35  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of Victoria Gold Corp on the next trading day is expected to be 0.35 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Victoria Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Victoria Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Victoria Gold 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 Victoria Gold Corp are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Victoria Gold Corp prices get older.

Victoria Gold Simple Exponential Smoothing Price Forecast For the 26th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Victoria Gold Corp on the next trading day is expected to be 0.35 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 Victoria 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 Victoria Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Victoria Gold Pink Sheet Forecast Pattern

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Victoria Gold Forecasted Value

In the context of forecasting Victoria Gold'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. Victoria Gold's downside and upside margins for the forecasting period are 0.35 and 0.35, respectively. We have considered Victoria Gold'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
0.35
0.35
Expected Value
0.35
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 Victoria Gold pink sheet data series using in forecasting. Note that when a statistical model is used to represent Victoria Gold 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This simple exponential smoothing model begins by setting Victoria Gold Corp forecast for the second period equal to the observation of the first period. In other words, recent Victoria Gold observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Victoria Gold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Victoria Gold Corp. 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
0.350.350.35
Details
Intrinsic
Valuation
LowRealHigh
0.290.290.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Victoria Gold. Your research has to be compared to or analyzed against Victoria Gold's peers to derive any actionable benefits. When done correctly, Victoria Gold's 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 Victoria Gold Corp.

Other Forecasting Options for Victoria Gold

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

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Victoria Gold Corp 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 Victoria Gold'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 Victoria Gold's current price.

Victoria Gold Market Strength Events

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

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Other Information on Investing in Victoria Pink Sheet

Victoria Gold financial ratios help investors to determine whether Victoria 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 Victoria with respect to the benefits of owning Victoria Gold security.