C2C Gold OTC Stock Forecast - Triple Exponential Smoothing

CTCGF Stock  USD 0.08  0.0001  0.13%   
The Triple Exponential Smoothing forecasted value of C2C Gold Corp on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.45. C2C OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of C2C Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for C2C Gold - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When C2C Gold prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in C2C Gold price movement. However, neither of these exponential smoothing models address any seasonality of C2C Gold Corp.

C2C Gold Triple Exponential Smoothing Price Forecast For the 1st of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of C2C Gold Corp on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.45.
Please note that although there have been many attempts to predict C2C OTC Stock 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 C2C Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

C2C Gold OTC Stock Forecast Pattern

Backtest C2C GoldC2C Gold Price PredictionBuy or Sell Advice 

C2C Gold Forecasted Value

In the context of forecasting C2C Gold's OTC Stock 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. C2C Gold's downside and upside margins for the forecasting period are 0.0008 and 11.96, respectively. We have considered C2C 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
0.08
0.0008
Downside
0.08
Expected Value
11.96
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of C2C Gold otc stock data series using in forecasting. Note that when a statistical model is used to represent C2C Gold otc stock, 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0017
MADMean absolute deviation0.0077
MAPEMean absolute percentage error0.0901
SAESum of the absolute errors0.4533
As with simple exponential smoothing, in triple exponential smoothing models past C2C Gold observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older C2C Gold Corp observations.

Predictive Modules for C2C 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 C2C Gold Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock 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
0.000.0811.96
Details
Intrinsic
Valuation
LowRealHigh
0.000.0711.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as C2C Gold. Your research has to be compared to or analyzed against C2C Gold's peers to derive any actionable benefits. When done correctly, C2C 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 C2C Gold Corp.

Other Forecasting Options for C2C Gold

For every potential investor in C2C, whether a beginner or expert, C2C Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. C2C OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in C2C. Basic forecasting techniques help filter out the noise by identifying C2C Gold's price trends.

C2C Gold 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 C2C Gold otc stock to make a market-neutral strategy. Peer analysis of C2C Gold could also be used in its relative valuation, which is a method of valuing C2C Gold by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

C2C Gold Corp Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of C2C 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 C2C Gold's current price.

C2C Gold Market Strength Events

Market strength indicators help investors to evaluate how C2C Gold otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading C2C Gold shares will generate the highest return on investment. By undertsting and applying C2C Gold otc stock market strength indicators, traders can identify C2C Gold Corp entry and exit signals to maximize returns.

C2C Gold Risk Indicators

The analysis of C2C Gold'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 C2C Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting c2c otc stock 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.

Currently Active Assets on Macroaxis

Other Information on Investing in C2C OTC Stock

C2C Gold financial ratios help investors to determine whether C2C OTC Stock 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 C2C with respect to the benefits of owning C2C Gold security.