DAmico International OTC Stock Forecast - Double Exponential Smoothing

DMCOF Stock  USD 4.07  0.02  0.49%   
The Double Exponential Smoothing forecasted value of dAmico International Shipping on the next trading day is expected to be 4.04 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.84. DAmico OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of DAmico 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 DAmico International works best with periods where there are trends or seasonality.

DAmico International Double Exponential Smoothing Price Forecast For the 23rd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of dAmico International Shipping on the next trading day is expected to be 4.04 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.84.
Please note that although there have been many attempts to predict DAmico 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 DAmico International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

DAmico International OTC Stock Forecast Pattern

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DAmico International Forecasted Value

In the context of forecasting DAmico International'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. DAmico International's downside and upside margins for the forecasting period are 1.80 and 6.28, respectively. We have considered DAmico 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
4.07
4.04
Expected Value
6.28
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 DAmico International otc stock data series using in forecasting. Note that when a statistical model is used to represent DAmico International 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 0.0065
MADMean absolute deviation0.0821
MAPEMean absolute percentage error0.0167
SAESum of the absolute errors4.8443
When dAmico International Shipping 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 dAmico International Shipping 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 DAmico International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for DAmico 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 dAmico International. 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
1.834.076.31
Details
Intrinsic
Valuation
LowRealHigh
1.693.936.17
Details

Other Forecasting Options for DAmico International

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

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

dAmico International 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 DAmico 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 DAmico International's current price.

DAmico International Market Strength Events

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

DAmico International Risk Indicators

The analysis of DAmico International'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 DAmico International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting damico 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 DAmico OTC Stock

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