Latin Metals OTC Stock Forecast - Simple Exponential Smoothing

LMSQF Stock  USD 0.07  0  1.56%   
The Simple Exponential Smoothing forecasted value of Latin Metals on the next trading day is expected to be 0.06 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.21. Latin OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Latin Metals' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Latin Metals 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 Latin Metals are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Latin Metals prices get older.

Latin Metals Simple Exponential Smoothing Price Forecast For the 13th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Latin Metals on the next trading day is expected to be 0.06 with a mean absolute deviation of 0, mean absolute percentage error of 0.00004, and the sum of the absolute errors of 0.21.
Please note that although there have been many attempts to predict Latin 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 Latin Metals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Latin Metals OTC Stock Forecast Pattern

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Latin Metals Forecasted Value

In the context of forecasting Latin Metals' 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. Latin Metals' downside and upside margins for the forecasting period are 0.0006 and 7.93, respectively. We have considered Latin Metals' 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
0.07
0.0006
Downside
0.06
Expected Value
7.93
Upside

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 Latin Metals otc stock data series using in forecasting. Note that when a statistical model is used to represent Latin Metals 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 Criteria107.9762
BiasArithmetic mean of the errors -3.0E-4
MADMean absolute deviation0.0034
MAPEMean absolute percentage error0.0446
SAESum of the absolute errors0.2093
This simple exponential smoothing model begins by setting Latin Metals forecast for the second period equal to the observation of the first period. In other words, recent Latin Metals observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Latin Metals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Latin Metals. 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
0.000.077.94
Details
Intrinsic
Valuation
LowRealHigh
0.000.067.93
Details

Other Forecasting Options for Latin Metals

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

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 Risk & Return  Correlation

Latin Metals 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 Latin Metals' 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 Latin Metals' current price.

Latin Metals Market Strength Events

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

Latin Metals Risk Indicators

The analysis of Latin Metals' 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 Latin Metals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting latin 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 Latin OTC Stock

Latin Metals financial ratios help investors to determine whether Latin 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 Latin with respect to the benefits of owning Latin Metals security.