1st NRG Pink Sheet Forecast - Triple Exponential Smoothing
FNRC Stock | USD 0.0001 0.00 0.00% |
The Triple Exponential Smoothing forecasted value of 1st NRG Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. 1st Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 1st NRG stock prices and determine the direction of 1st NRG Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 1st NRG's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of 1st NRG to cross-verify your projections. 1st |
Most investors in 1st NRG cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the 1st NRG's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets 1st NRG's price structures and extracts relationships that further increase the generated results' accuracy.
Triple exponential smoothing for 1st NRG - 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 1st NRG 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 1st NRG price movement. However, neither of these exponential smoothing models address any seasonality of 1st NRG Corp. 1st NRG Triple Exponential Smoothing Price Forecast For the 30th of April
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of 1st NRG Corp on the next trading day is expected to be 0.0001 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 1st 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 1st NRG's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
1st NRG Pink Sheet Forecast Pattern
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1st NRG Forecasted Value
In the context of forecasting 1st NRG'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. 1st NRG's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered 1st NRG'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.
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 1st NRG pink sheet data series using in forecasting. Note that when a statistical model is used to represent 1st NRG 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.AIC | Akaike Information Criteria | Huge |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0 |
MAPE | Mean absolute percentage error | 0.0 |
SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for 1st NRG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 1st NRG 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 1st NRG'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.
Other Forecasting Options for 1st NRG
For every potential investor in 1st, whether a beginner or expert, 1st NRG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 1st Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 1st. Basic forecasting techniques help filter out the noise by identifying 1st NRG's price trends.1st NRG 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 1st NRG pink sheet to make a market-neutral strategy. Peer analysis of 1st NRG could also be used in its relative valuation, which is a method of valuing 1st NRG by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
1st NRG 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 1st NRG'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 1st NRG's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
1st NRG Market Strength Events
Market strength indicators help investors to evaluate how 1st NRG 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 1st NRG shares will generate the highest return on investment. By undertsting and applying 1st NRG pink sheet market strength indicators, traders can identify 1st NRG Corp entry and exit signals to maximize returns.
Rate Of Daily Change | 1.0 | |||
Day Median Price | 1.0E-4 | |||
Day Typical Price | 1.0E-4 |
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of 1st NRG to cross-verify your projections. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for 1st Pink Sheet analysis
When running 1st NRG's price analysis, check to measure 1st NRG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1st NRG is operating at the current time. Most of 1st NRG's value examination focuses on studying past and present price action to predict the probability of 1st NRG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st NRG's price. Additionally, you may evaluate how the addition of 1st NRG to your portfolios can decrease your overall portfolio volatility.
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