Freedom Holdings Pink Sheet Forecast - Triple Exponential Smoothing

FHLD Stock  USD 0.16  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Freedom Holdings on the next trading day is expected to be 0.16 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.08. Freedom Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Freedom Holdings stock prices and determine the direction of Freedom Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Freedom Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Freedom Holdings - 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 Freedom Holdings 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 Freedom Holdings price movement. However, neither of these exponential smoothing models address any seasonality of Freedom Holdings.

Freedom Holdings Triple Exponential Smoothing Price Forecast For the 17th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Freedom Holdings on the next trading day is expected to be 0.16 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0007, and the sum of the absolute errors of 1.08.
Please note that although there have been many attempts to predict Freedom 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 Freedom Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Freedom Holdings Pink Sheet Forecast Pattern

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Freedom Holdings Forecasted Value

In the context of forecasting Freedom Holdings' 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. Freedom Holdings' downside and upside margins for the forecasting period are 0 and 22.38, respectively. We have considered Freedom Holdings' 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
0.16
0.16
Expected Value
22.38
Upside

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 Freedom Holdings pink sheet data series using in forecasting. Note that when a statistical model is used to represent Freedom Holdings 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 CriteriaHuge
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0183
MAPEMean absolute percentage error0.1297
SAESum of the absolute errors1.0792
As with simple exponential smoothing, in triple exponential smoothing models past Freedom Holdings observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Freedom Holdings observations.

Predictive Modules for Freedom Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Freedom Holdings. 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
0.010.1622.38
Details
Intrinsic
Valuation
LowRealHigh
0.010.1322.35
Details

Other Forecasting Options for Freedom Holdings

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

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

Freedom Holdings 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 Freedom Holdings' 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 Freedom Holdings' current price.

Freedom Holdings Market Strength Events

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

Freedom Holdings Risk Indicators

The analysis of Freedom Holdings' 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 Freedom Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting freedom 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.

Other Information on Investing in Freedom Pink Sheet

Freedom Holdings financial ratios help investors to determine whether Freedom Pink Sheet 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 Freedom with respect to the benefits of owning Freedom Holdings security.