1812 Brewing Pink Sheet Forecast - Triple Exponential Smoothing

KEGS Stock  USD 0.0001  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of 1812 Brewing on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00000847 and the sum of the absolute errors of 0.0005. 1812 Pink Sheet Forecast is based on your current time horizon.
  
Triple exponential smoothing for 1812 Brewing - 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 1812 Brewing 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 1812 Brewing price movement. However, neither of these exponential smoothing models address any seasonality of 1812 Brewing.

1812 Brewing Triple Exponential Smoothing Price Forecast For the 15th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of 1812 Brewing on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00000847, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0005.
Please note that although there have been many attempts to predict 1812 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 1812 Brewing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

1812 Brewing Pink Sheet Forecast Pattern

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1812 Brewing Forecasted Value

In the context of forecasting 1812 Brewing'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. 1812 Brewing's downside and upside margins for the forecasting period are 0.000001 and 297.54, respectively. We have considered 1812 Brewing'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
0.0001
0.000001
Downside
0.0001
Expected Value
297.54
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 1812 Brewing pink sheet data series using in forecasting. Note that when a statistical model is used to represent 1812 Brewing 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 deviation0.0
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors5.0E-4
As with simple exponential smoothing, in triple exponential smoothing models past 1812 Brewing 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 1812 Brewing observations.

Predictive Modules for 1812 Brewing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 1812 Brewing. 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
0.000.000150.01
Details
Intrinsic
Valuation
LowRealHigh
0.000.00006350.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.0000790.0000790.000079
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 1812 Brewing. Your research has to be compared to or analyzed against 1812 Brewing's peers to derive any actionable benefits. When done correctly, 1812 Brewing'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 1812 Brewing.

Other Forecasting Options for 1812 Brewing

For every potential investor in 1812, whether a beginner or expert, 1812 Brewing's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 1812 Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 1812. Basic forecasting techniques help filter out the noise by identifying 1812 Brewing's price trends.

1812 Brewing 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 1812 Brewing pink sheet to make a market-neutral strategy. Peer analysis of 1812 Brewing could also be used in its relative valuation, which is a method of valuing 1812 Brewing by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

1812 Brewing 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 1812 Brewing'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 1812 Brewing's current price.

1812 Brewing Market Strength Events

Market strength indicators help investors to evaluate how 1812 Brewing 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 1812 Brewing shares will generate the highest return on investment. By undertsting and applying 1812 Brewing pink sheet market strength indicators, traders can identify 1812 Brewing entry and exit signals to maximize returns.

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for 1812 Pink Sheet Analysis

When running 1812 Brewing's price analysis, check to measure 1812 Brewing'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 1812 Brewing is operating at the current time. Most of 1812 Brewing's value examination focuses on studying past and present price action to predict the probability of 1812 Brewing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1812 Brewing's price. Additionally, you may evaluate how the addition of 1812 Brewing to your portfolios can decrease your overall portfolio volatility.