Sutimco International Pink Sheet Forecast - Double Exponential Smoothing

The Double Exponential Smoothing forecasted value of Sutimco International on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00000169 and the sum of the absolute errors of 0.0001. Sutimco Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sutimco International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Sutimco International works best with periods where there are trends or seasonality.

Sutimco International Double Exponential Smoothing Price Forecast For the 5th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Sutimco International on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00000169, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0001.
Please note that although there have been many attempts to predict Sutimco 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 Sutimco International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sutimco International Pink Sheet Forecast Pattern

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Sutimco International Forecasted Value

In the context of forecasting Sutimco International'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. Sutimco International's downside and upside margins for the forecasting period are 0.00 and 12.60, respectively. We have considered Sutimco International'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
0.00
0.0001
Expected Value
12.60
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Sutimco International pink sheet data series using in forecasting. Note that when a statistical model is used to represent Sutimco International 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 CriteriaHuge
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors1.0E-4
When Sutimco International 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 Sutimco International trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Sutimco International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Sutimco International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sutimco International. 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 Sutimco International'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
0.000.0012.60
Details
Intrinsic
Valuation
LowRealHigh
0.000.0012.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.0000870.0000870.000087
Details

Other Forecasting Options for Sutimco International

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

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

Sutimco International 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 Sutimco International'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 Sutimco International's current price.

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Other Information on Investing in Sutimco Pink Sheet

Sutimco International financial ratios help investors to determine whether Sutimco 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 Sutimco with respect to the benefits of owning Sutimco International security.