Kuehne + Pink Sheet Forecast - Double Exponential Smoothing
KHNGF Stock | USD 230.63 0.46 0.20% |
The Double Exponential Smoothing forecasted value of Kuehne Nagel International on the next trading day is expected to be 230.18 with a mean absolute deviation of 2.32 and the sum of the absolute errors of 137.03. Kuehne Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Kuehne +'s historical fundamentals, such as revenue growth or operating cash flow patterns.
Kuehne |
Kuehne + Double Exponential Smoothing Price Forecast For the 30th of November
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Kuehne Nagel International on the next trading day is expected to be 230.18 with a mean absolute deviation of 2.32, mean absolute percentage error of 11.08, and the sum of the absolute errors of 137.03.Please note that although there have been many attempts to predict Kuehne 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 Kuehne +'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Kuehne + Pink Sheet Forecast Pattern
Backtest Kuehne + | Kuehne + Price Prediction | Buy or Sell Advice |
Kuehne + Forecasted Value
In the context of forecasting Kuehne +'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. Kuehne +'s downside and upside margins for the forecasting period are 229.04 and 231.31, respectively. We have considered Kuehne +'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.
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 Kuehne + pink sheet data series using in forecasting. Note that when a statistical model is used to represent Kuehne + 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.AIC | Akaike Information Criteria | Huge |
Bias | Arithmetic mean of the errors | 0.3286 |
MAD | Mean absolute deviation | 2.3225 |
MAPE | Mean absolute percentage error | 0.009 |
SAE | Sum of the absolute errors | 137.0277 |
Predictive Modules for Kuehne +
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kuehne Nagel Interna. 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.Other Forecasting Options for Kuehne +
For every potential investor in Kuehne, whether a beginner or expert, Kuehne +'s price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kuehne Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kuehne. Basic forecasting techniques help filter out the noise by identifying Kuehne +'s price trends.Kuehne + 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 Kuehne + pink sheet to make a market-neutral strategy. Peer analysis of Kuehne + could also be used in its relative valuation, which is a method of valuing Kuehne + by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Kuehne Nagel Interna 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 Kuehne +'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 Kuehne +'s current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Kuehne + Market Strength Events
Market strength indicators help investors to evaluate how Kuehne + 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 Kuehne + shares will generate the highest return on investment. By undertsting and applying Kuehne + pink sheet market strength indicators, traders can identify Kuehne Nagel International entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 230.63 | |||
Day Typical Price | 230.63 | |||
Price Action Indicator | 0.23 | |||
Period Momentum Indicator | 0.46 |
Kuehne + Risk Indicators
The analysis of Kuehne +'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 Kuehne +'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kuehne 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.
Mean Deviation | 0.8659 | |||
Standard Deviation | 1.18 | |||
Variance | 1.4 |
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.
Currently Active Assets on Macroaxis
Other Information on Investing in Kuehne Pink Sheet
Kuehne + financial ratios help investors to determine whether Kuehne 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 Kuehne with respect to the benefits of owning Kuehne + security.