Fremont Gold OTC Stock Forecast - Double Exponential Smoothing

FRERF Stock  USD 0.08  0  3.90%   
The Double Exponential Smoothing forecasted value of Fremont Gold on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.43. Fremont OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Fremont Gold'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 Fremont Gold works best with periods where there are trends or seasonality.

Fremont Gold Double Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Fremont Gold on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.43.
Please note that although there have been many attempts to predict Fremont 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 Fremont Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fremont Gold OTC Stock Forecast Pattern

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Fremont Gold Forecasted Value

In the context of forecasting Fremont Gold'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. Fremont Gold's downside and upside margins for the forecasting period are 0.0008 and 11.54, respectively. We have considered Fremont Gold'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
0.08
0.0008
Downside
0.08
Expected Value
11.54
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 Fremont Gold otc stock data series using in forecasting. Note that when a statistical model is used to represent Fremont Gold 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 3.0E-4
MADMean absolute deviation0.0073
MAPEMean absolute percentage error0.0674
SAESum of the absolute errors0.4322
When Fremont Gold 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 Fremont Gold 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 Fremont Gold observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Fremont Gold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fremont Gold. 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
0.000.0811.54
Details
Intrinsic
Valuation
LowRealHigh
0.000.0711.53
Details

Other Forecasting Options for Fremont Gold

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

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 Risk & Return  Correlation

Fremont Gold 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 Fremont Gold'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 Fremont Gold's current price.

Fremont Gold Market Strength Events

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

Fremont Gold Risk Indicators

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

Fremont Gold financial ratios help investors to determine whether Fremont 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 Fremont with respect to the benefits of owning Fremont Gold security.