XFit Brands Pink Sheet Forecast - Simple Exponential Smoothing

XFTB Stock  USD 0.0002  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of XFit Brands on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. XFit Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast XFit Brands stock prices and determine the direction of XFit Brands's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of XFit Brands' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of XFit Brands' share price is below 20 . This entails 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 XFit Brands' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with XFit Brands, which may create opportunities for some arbitrage if properly timed.
Using XFit Brands hype-based prediction, you can estimate the value of XFit Brands from the perspective of XFit Brands response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of XFit Brands on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00.

XFit Brands after-hype prediction price

    
  USD 2.09E-4  
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 XFit Brands to cross-verify your projections.

XFit Brands Additional Predictive Modules

Most predictive techniques to examine XFit price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for XFit using various technical indicators. When you analyze XFit 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.
XFit Brands 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 XFit Brands are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as XFit Brands prices get older.

XFit Brands Simple Exponential Smoothing Price Forecast For the 26th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of XFit Brands on the next trading day is expected to be 0.0002 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 XFit 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 XFit Brands' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

XFit Brands Pink Sheet Forecast Pattern

Backtest XFit BrandsXFit Brands Price PredictionBuy or Sell Advice 

XFit Brands Forecasted Value

In the context of forecasting XFit Brands' 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. XFit Brands' downside and upside margins for the forecasting period are 0.000002 and 9.92, respectively. We have considered XFit Brands' 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
0.0002
Expected Value
9.92
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 XFit Brands pink sheet data series using in forecasting. Note that when a statistical model is used to represent XFit Brands 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 XFit Brands forecast for the second period equal to the observation of the first period. In other words, recent XFit Brands observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for XFit Brands

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XFit Brands. 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 XFit Brands' 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
0.000.00029.92
Details
Intrinsic
Valuation
LowRealHigh
0.000.00029.92
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00020.00020.0002
Details

XFit Brands After-Hype Price Prediction Density Analysis

As far as predicting the price of XFit Brands at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in XFit Brands or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of XFit Brands, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

XFit Brands Estimiated After-Hype Price Volatility

In the context of predicting XFit Brands' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on XFit Brands' historical news coverage. XFit Brands' after-hype downside and upside margins for the prediction period are 0.00 and 9.92, respectively. We have considered XFit Brands' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.0002
0.0002
After-hype Price
9.92
Upside
XFit Brands is out of control at this time. Analysis and calculation of next after-hype price of XFit Brands is based on 3 months time horizon.

XFit Brands Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as XFit Brands is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading XFit Brands backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with XFit Brands, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.23 
9.92
 0.00  
 0.00  
0 Events / Month
1 Events / Month
Any time
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.0002
0.0002
4.32 
0.00  
Notes

XFit Brands Hype Timeline

XFit Brands is at this time traded for 0.0002. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. XFit is anticipated to increase in value after the next headline, with the price projected to jump to 2.09E-4 or above. The average volatility of media hype impact on the company the price is insignificant. The price jump on the next news is estimated to be 4.32%, whereas the daily expected return is at this time at -1.23%. The volatility of related hype on XFit Brands is about 0.0%, with the expected price after the next announcement by competition of 0.00. XFit Brands currently holds about 78.75 K in cash with (776.63 K) of positive cash flow from operations. Given the investment horizon of 90 days the next anticipated press release will be any time.
Check out Historical Fundamental Analysis of XFit Brands to cross-verify your projections.

XFit Brands Related Hype Analysis

Having access to credible news sources related to XFit Brands' direct competition is more important than ever and may enhance your ability to predict XFit Brands' future price movements. Getting to know how XFit Brands' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how XFit Brands may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
SAMLSamsara Luggage 0.00 0 per month 15.58  0.08  0.00 (33.33) 375.00 
FUNFFFansUnite Entertainment 0.00 0 per month 39.72  0.30  354.55 (80.00) 890.00 
TRBDTurbodyne Technologies 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
OMWSOmnia Wellness 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
TRUATriumph Apparel 0.00 2 per month 0.00  0.00  0.00  0.00  0.00 
VTMBVitamin Blue 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
LUKEFReal Luck Group 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
GDETGD Entertainment Technology 0.00 2 per month 0.00  0.00  0.00  0.00  0.00 
EXPHExpo Holdings 0.00 6 per month 0.00  0.00  0.00  0.00  0.00 
PXFGPhoenix Footwear Group 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 

Other Forecasting Options for XFit Brands

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

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

XFit Brands Market Strength Events

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

XFit Brands Risk Indicators

The analysis of XFit Brands' 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 XFit Brands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xfit 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.

Story Coverage note for XFit Brands

The number of cover stories for XFit Brands depends on current market conditions and XFit Brands' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that XFit Brands is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about XFit Brands' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in XFit Pink Sheet

XFit Brands financial ratios help investors to determine whether XFit 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 XFit with respect to the benefits of owning XFit Brands security.