Qyou Media Stock Forecast - Double Exponential Smoothing

QYOU Stock  CAD 0.04  0.01  12.50%   
The Double Exponential Smoothing forecasted value of Qyou Media on the next trading day is expected to be 0.04 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.12. Qyou Stock Forecast is based on your current time horizon.
  
At this time, Qyou Media's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to climb to 3.21 in 2024, whereas Inventory Turnover is likely to drop 0.94 in 2024. . Common Stock Shares Outstanding is likely to climb to about 513.6 M in 2024, whereas Net Loss is likely to drop (9.2 M) in 2024.
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 Qyou Media works best with periods where there are trends or seasonality.

Qyou Media Double Exponential Smoothing Price Forecast For the 5th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Qyou Media on the next trading day is expected to be 0.04 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000787, and the sum of the absolute errors of 0.12.
Please note that although there have been many attempts to predict Qyou 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 Qyou Media's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Qyou Media Stock Forecast Pattern

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Qyou Media Forecasted Value

In the context of forecasting Qyou Media's 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. Qyou Media's downside and upside margins for the forecasting period are 0.0003 and 8.36, respectively. We have considered Qyou Media'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
0.04
0.0003
Downside
0.04
Expected Value
8.36
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 Qyou Media stock data series using in forecasting. Note that when a statistical model is used to represent Qyou Media 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 CriteriaHuge
BiasArithmetic mean of the errors 2.0E-4
MADMean absolute deviation0.002
MAPEMean absolute percentage error0.0551
SAESum of the absolute errors0.1179
When Qyou Media 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 Qyou Media 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 Qyou Media observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Qyou Media

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qyou Media. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qyou Media's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.048.36
Details
Intrinsic
Valuation
LowRealHigh
0.000.038.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Other Forecasting Options for Qyou Media

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

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

Qyou Media Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Qyou Media'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 Qyou Media's current price.

Qyou Media Market Strength Events

Market strength indicators help investors to evaluate how Qyou Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qyou Media shares will generate the highest return on investment. By undertsting and applying Qyou Media stock market strength indicators, traders can identify Qyou Media entry and exit signals to maximize returns.

Qyou Media Risk Indicators

The analysis of Qyou Media'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 Qyou Media's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qyou 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Qyou Stock Analysis

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