Lifeline Biotechnologies Pink Sheet Forecast - Simple Exponential Smoothing

Lifeline Biotechnologies 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 Lifeline Biotechnologies are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Lifeline Biotechnologies prices get older.

Lifeline Biotechnologies Simple Exponential Smoothing Price Forecast For the 24th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Lifeline Biotechnologies on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000077, mean absolute percentage error of 0.00000002, and the sum of the absolute errors of 0.

Lifeline Biotechnologies Pink Sheet Forecast Pattern

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Lifeline Biotechnologies Forecasted Value

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 Lifeline Biotechnologies pink sheet data series using in forecasting. Note that when a statistical model is used to represent Lifeline Biotechnologies 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. This simple exponential smoothing model begins by setting Lifeline Biotechnologies forecast for the second period equal to the observation of the first period. In other words, recent Lifeline Biotechnologies observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Lifeline Biotechnologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lifeline Biotechnologies. 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 Low Estimated High 0.00 0.000091 50.01 Details

Intrinsic Valuation Low Real High 0.00 0.000096 50.01 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lifeline Biotechnologies. Your research has to be compared to or analyzed against Lifeline Biotechnologies' peers to derive any actionable benefits. When done correctly, Lifeline Biotechnologies' 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 Lifeline Biotechnologies.

Other Forecasting Options for Lifeline Biotechnologies

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

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Risk & Return

Correlation

Lifeline Biotechnologies 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 Lifeline Biotechnologies' 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 Lifeline Biotechnologies' current price.

Lifeline Biotechnologies Market Strength Events

Lifeline Biotechnologies Risk Indicators

Pair Trading with Lifeline Biotechnologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lifeline Biotechnologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lifeline Biotechnologies will appreciate offsetting losses from the drop in the long position's value.

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