Bioharvest Sciences OTC Stock Forecast - Double Exponential Smoothing

CNVCFDelisted Stock  USD 5.13  0.07  1.35%   
The Double Exponential Smoothing forecasted value of Bioharvest Sciences on the next trading day is expected to be 5.03 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.24. Bioharvest OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Bioharvest Sciences' 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 Bioharvest Sciences works best with periods where there are trends or seasonality.

Bioharvest Sciences Double Exponential Smoothing Price Forecast For the 18th of March 2025

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Bioharvest Sciences on the next trading day is expected to be 5.03 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.24.
Please note that although there have been many attempts to predict Bioharvest 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 Bioharvest Sciences' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bioharvest Sciences OTC Stock Forecast Pattern

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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 Bioharvest Sciences otc stock data series using in forecasting. Note that when a statistical model is used to represent Bioharvest Sciences 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 0.0105
MADMean absolute deviation0.1058
MAPEMean absolute percentage error0.018
SAESum of the absolute errors6.24
When Bioharvest Sciences 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 Bioharvest Sciences 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 Bioharvest Sciences observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Bioharvest Sciences

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bioharvest Sciences. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bioharvest Sciences' 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
2.935.137.33
Details
Intrinsic
Valuation
LowRealHigh
2.364.566.76
Details

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 Risk & Return  Correlation

Bioharvest Sciences Market Strength Events

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

Bioharvest Sciences Risk Indicators

The analysis of Bioharvest Sciences' 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 Bioharvest Sciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bioharvest 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

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Bioharvest Sciences information on this page should be used as a complementary analysis to other Bioharvest Sciences' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Consideration for investing in Bioharvest OTC Stock

If you are still planning to invest in Bioharvest Sciences check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bioharvest Sciences' history and understand the potential risks before investing.
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