RLF AgTech Stock Forecast - Double Exponential Smoothing
| RLF Stock | 0.04 0 4.35% |
The Double Exponential Smoothing forecasted value of RLF AgTech 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 0.06. RLF Stock Forecast is based on your current time horizon.
RLF |
RLF AgTech Double Exponential Smoothing Price Forecast For the 30th of November
Given 90 days horizon, the Double Exponential Smoothing forecasted value of RLF AgTech on the next trading day is expected to be 0.04 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000427, and the sum of the absolute errors of 0.06.Please note that although there have been many attempts to predict RLF 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 RLF AgTech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
RLF AgTech Stock Forecast Pattern
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RLF AgTech Forecasted Value
In the context of forecasting RLF AgTech'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. RLF AgTech's downside and upside margins for the forecasting period are 0.0004 and 3.92, respectively. We have considered RLF AgTech'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 RLF AgTech stock data series using in forecasting. Note that when a statistical model is used to represent RLF AgTech 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 2.0E-4 |
| MAD | Mean absolute deviation | 0.0011 |
| MAPE | Mean absolute percentage error | 0.0228 |
| SAE | Sum of the absolute errors | 0.0646 |
Predictive Modules for RLF AgTech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RLF AgTech. 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.Other Forecasting Options for RLF AgTech
For every potential investor in RLF, whether a beginner or expert, RLF AgTech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RLF Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RLF. Basic forecasting techniques help filter out the noise by identifying RLF AgTech's price trends.RLF AgTech 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 RLF AgTech stock to make a market-neutral strategy. Peer analysis of RLF AgTech could also be used in its relative valuation, which is a method of valuing RLF AgTech by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
RLF AgTech 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 RLF AgTech'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 RLF AgTech's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
RLF AgTech Market Strength Events
Market strength indicators help investors to evaluate how RLF AgTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RLF AgTech shares will generate the highest return on investment. By undertsting and applying RLF AgTech stock market strength indicators, traders can identify RLF AgTech entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 0.044 | |||
| Day Typical Price | 0.044 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0) |
RLF AgTech Risk Indicators
The analysis of RLF AgTech'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 RLF AgTech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rlf 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.
| Mean Deviation | 1.92 | |||
| Standard Deviation | 4.3 | |||
| Variance | 18.52 |
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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Additional Tools for RLF Stock Analysis
When running RLF AgTech's price analysis, check to measure RLF AgTech'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 RLF AgTech is operating at the current time. Most of RLF AgTech's value examination focuses on studying past and present price action to predict the probability of RLF AgTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLF AgTech's price. Additionally, you may evaluate how the addition of RLF AgTech to your portfolios can decrease your overall portfolio volatility.