Dah Sing Pink Sheet Forecast - Simple Exponential Smoothing

DSFGY Stock  USD 10.21  0.36  3.65%   
The Simple Exponential Smoothing forecasted value of Dah Sing Financial on the next trading day is expected to be 10.20 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.02. Dah Pink Sheet Forecast is based on your current time horizon.
  
Dah Sing 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 Dah Sing Financial are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Dah Sing Financial prices get older.

Dah Sing Simple Exponential Smoothing Price Forecast For the 17th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Dah Sing Financial on the next trading day is expected to be 10.20 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.02, and the sum of the absolute errors of 4.02.
Please note that although there have been many attempts to predict Dah 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 Dah Sing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dah Sing Pink Sheet Forecast Pattern

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Dah Sing Forecasted Value

In the context of forecasting Dah Sing'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. Dah Sing's downside and upside margins for the forecasting period are 8.56 and 11.84, respectively. We have considered Dah Sing'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
10.21
10.20
Expected Value
11.84
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 Dah Sing pink sheet data series using in forecasting. Note that when a statistical model is used to represent Dah Sing 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.
AICAkaike Information Criteria112.5763
BiasArithmetic mean of the errors -0.0296
MADMean absolute deviation0.067
MAPEMean absolute percentage error0.0068
SAESum of the absolute errors4.0185
This simple exponential smoothing model begins by setting Dah Sing Financial forecast for the second period equal to the observation of the first period. In other words, recent Dah Sing observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Dah Sing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dah Sing Financial. 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.
Hype
Prediction
LowEstimatedHigh
8.5710.2111.85
Details
Intrinsic
Valuation
LowRealHigh
9.9711.6113.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dah Sing. Your research has to be compared to or analyzed against Dah Sing's peers to derive any actionable benefits. When done correctly, Dah Sing'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 Dah Sing Financial.

Other Forecasting Options for Dah Sing

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

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

Dah Sing Financial 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 Dah Sing'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 Dah Sing's current price.

Dah Sing Market Strength Events

Market strength indicators help investors to evaluate how Dah Sing 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 Dah Sing shares will generate the highest return on investment. By undertsting and applying Dah Sing pink sheet market strength indicators, traders can identify Dah Sing Financial entry and exit signals to maximize returns.

Dah Sing Risk Indicators

The analysis of Dah Sing'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 Dah Sing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dah 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.
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.

Additional Tools for Dah Pink Sheet Analysis

When running Dah Sing's price analysis, check to measure Dah Sing'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 Dah Sing is operating at the current time. Most of Dah Sing's value examination focuses on studying past and present price action to predict the probability of Dah Sing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dah Sing's price. Additionally, you may evaluate how the addition of Dah Sing to your portfolios can decrease your overall portfolio volatility.