MPX International Pink Sheet Forecast - Double Exponential Smoothing

MPXOF Stock  USD 0.0002  0.0001  33.33%   
The Double Exponential Smoothing forecasted value of MPX International Corp on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.0001 and the sum of the absolute errors of 0.01. MPX Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of MPX International'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 MPX International works best with periods where there are trends or seasonality.

MPX International Double Exponential Smoothing Price Forecast For the 5th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of MPX International Corp on the next trading day is expected to be 0.0003 with a mean absolute deviation of 0.0001, mean absolute percentage error of 0.00000014, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict MPX 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 MPX International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MPX International Pink Sheet Forecast Pattern

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MPX International Forecasted Value

In the context of forecasting MPX International'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. MPX International's downside and upside margins for the forecasting period are 0.000002 and 143.96, respectively. We have considered MPX International'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
0.0002
0.000002
Downside
0.0003
Expected Value
143.96
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 MPX International pink sheet data series using in forecasting. Note that when a statistical model is used to represent MPX International 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 deviation1.0E-4
MAPEMean absolute percentage error0.2526
SAESum of the absolute errors0.0073
When MPX International Corp 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 MPX International Corp 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 MPX International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for MPX International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MPX International Corp. 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
0.000.000250.01
Details
Intrinsic
Valuation
LowRealHigh
0.000.000550.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.000040.00030.0007
Details

Other Forecasting Options for MPX International

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

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 Risk & Return  Correlation

MPX International Corp 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 MPX International'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 MPX International's current price.

MPX International Market Strength Events

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

MPX International Risk Indicators

The analysis of MPX International'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 MPX International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mpx 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.
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 MPX Pink Sheet

MPX International financial ratios help investors to determine whether MPX 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 MPX with respect to the benefits of owning MPX International security.