Bank Central Pink Sheet Forecast - Triple Exponential Smoothing
| PBCRY Stock | USD 15.05 0.07 0.47% |
The Triple Exponential Smoothing forecasted value of Bank Central Asia on the next trading day is expected to be 15.03 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.07. Bank Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bank Central stock prices and determine the direction of Bank Central Asia's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bank Central's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Bank Central to cross-verify your projections. Bank |
Most investors in Bank Central 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 Bank Central's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bank Central's price structures and extracts relationships that further increase the generated results' accuracy.
Triple exponential smoothing for Bank Central - 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 Bank Central 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 Bank Central price movement. However, neither of these exponential smoothing models address any seasonality of Bank Central Asia. Bank Central Triple Exponential Smoothing Price Forecast For the 18th of May 2024
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Bank Central Asia on the next trading day is expected to be 15.03 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.06, and the sum of the absolute errors of 11.07.Please note that although there have been many attempts to predict Bank 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 Bank Central's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bank Central Pink Sheet Forecast Pattern
| Backtest Bank Central | Bank Central Price Prediction | Buy or Sell Advice |
Bank Central Forecasted Value
In the context of forecasting Bank Central'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. Bank Central's downside and upside margins for the forecasting period are 13.51 and 16.55, respectively. We have considered Bank Central'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 Bank Central pink sheet data series using in forecasting. Note that when a statistical model is used to represent Bank Central 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 | -0.0393 |
| MAD | Mean absolute deviation | 0.1876 |
| MAPE | Mean absolute percentage error | 0.0122 |
| SAE | Sum of the absolute errors | 11.0663 |
Predictive Modules for Bank Central
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank Central Asia. 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 Bank Central'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 Bank Central
For every potential investor in Bank, whether a beginner or expert, Bank Central's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bank Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bank. Basic forecasting techniques help filter out the noise by identifying Bank Central's price trends.Bank Central 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 Bank Central pink sheet to make a market-neutral strategy. Peer analysis of Bank Central could also be used in its relative valuation, which is a method of valuing Bank Central by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bank Central Asia 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 Bank Central'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 Bank Central's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bank Central Market Strength Events
Market strength indicators help investors to evaluate how Bank Central 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 Bank Central shares will generate the highest return on investment. By undertsting and applying Bank Central pink sheet market strength indicators, traders can identify Bank Central Asia entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.05 | |||
| Day Typical Price | 15.05 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.07 | |||
| Relative Strength Index | 48.99 |
Bank Central Risk Indicators
The analysis of Bank Central'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 Bank Central's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank 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.
| Mean Deviation | 1.11 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.26 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| C | Citigroup | |
| CRM | Salesforce | |
| MSFT | Microsoft |
Check out Historical Fundamental Analysis of Bank Central to cross-verify your projections. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Bank Pink Sheet analysis
When running Bank Central's price analysis, check to measure Bank Central'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 Bank Central is operating at the current time. Most of Bank Central's value examination focuses on studying past and present price action to predict the probability of Bank Central's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Central's price. Additionally, you may evaluate how the addition of Bank Central to your portfolios can decrease your overall portfolio volatility.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Stocks Directory Find actively traded stocks across global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets |