Tri County OTC Stock Forecast - Simple Exponential Smoothing

TYFG Stock  USD 43.90  0.15  0.34%   
The Simple Exponential Smoothing forecasted value of Tri County Financial Group on the next trading day is expected to be 43.90 with a mean absolute deviation of 0.27 and the sum of the absolute errors of 16.32. Tri OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Tri County's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Tri County 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 Tri County Financial Group are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Tri County Financial prices get older.

Tri County Simple Exponential Smoothing Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Tri County Financial Group on the next trading day is expected to be 43.90 with a mean absolute deviation of 0.27, mean absolute percentage error of 0.17, and the sum of the absolute errors of 16.32.
Please note that although there have been many attempts to predict Tri 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 Tri County's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tri County OTC Stock Forecast Pattern

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Tri County Forecasted Value

In the context of forecasting Tri County'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. Tri County's downside and upside margins for the forecasting period are 42.91 and 44.89, respectively. We have considered Tri County'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
43.90
43.90
Expected Value
44.89
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 Tri County otc stock data series using in forecasting. Note that when a statistical model is used to represent Tri County 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 Criteria114.5271
BiasArithmetic mean of the errors -0.0528
MADMean absolute deviation0.2719
MAPEMean absolute percentage error0.0064
SAESum of the absolute errors16.3165
This simple exponential smoothing model begins by setting Tri County Financial Group forecast for the second period equal to the observation of the first period. In other words, recent Tri County observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Tri County

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tri County Financial. 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
42.9143.9044.89
Details
Intrinsic
Valuation
LowRealHigh
42.3143.3044.29
Details
Bollinger
Band Projection (param)
LowMiddleHigh
42.0543.1544.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tri County. Your research has to be compared to or analyzed against Tri County's peers to derive any actionable benefits. When done correctly, Tri County'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 Tri County Financial.

Other Forecasting Options for Tri County

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

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

Tri County Financial 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 Tri County'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 Tri County's current price.

Tri County Market Strength Events

Market strength indicators help investors to evaluate how Tri County 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 Tri County shares will generate the highest return on investment. By undertsting and applying Tri County otc stock market strength indicators, traders can identify Tri County Financial Group entry and exit signals to maximize returns.

Tri County Risk Indicators

The analysis of Tri County'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 Tri County's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tri 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.

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Other Information on Investing in Tri OTC Stock

Tri County financial ratios help investors to determine whether Tri 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 Tri with respect to the benefits of owning Tri County security.