Angkor Resources OTC Stock Forecast - Simple Exponential Smoothing

ANKOF Stock  USD 0.10  0.0006  0.60%   
The Simple Exponential Smoothing forecasted value of Angkor Resources Corp on the next trading day is expected to be 0.10 with a mean absolute deviation of  0  and the sum of the absolute errors of 0.06. Angkor OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Angkor Resources stock prices and determine the direction of Angkor Resources Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Angkor Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Angkor Resources to cross-verify your projections.
  
Most investors in Angkor Resources cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Angkor Resources' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Angkor Resources' price structures and extracts relationships that further increase the generated results' accuracy.
Angkor Resources 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 Angkor Resources Corp are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Angkor Resources Corp prices get older.

Angkor Resources Simple Exponential Smoothing Price Forecast For the 27th of May

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Angkor Resources Corp on the next trading day is expected to be 0.10 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000994, and the sum of the absolute errors of 0.06.
Please note that although there have been many attempts to predict Angkor 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 Angkor Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Angkor Resources OTC Stock Forecast Pattern

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Angkor Resources Forecasted Value

In the context of forecasting Angkor Resources' 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. Angkor Resources' downside and upside margins for the forecasting period are 0 and 4.02, respectively. We have considered Angkor Resources' 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
0.10
0.10
Expected Value
4.02
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 Angkor Resources otc stock data series using in forecasting. Note that when a statistical model is used to represent Angkor Resources 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 Criteria104.754
BiasArithmetic mean of the errors -5.0E-4
MADMean absolute deviation0.001
MAPEMean absolute percentage error0.0113
SAESum of the absolute errors0.061
This simple exponential smoothing model begins by setting Angkor Resources Corp forecast for the second period equal to the observation of the first period. In other words, recent Angkor Resources observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Angkor Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Angkor Resources Corp. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Angkor Resources' 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
0.010.104.02
Details
Intrinsic
Valuation
LowRealHigh
0.000.084.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Angkor Resources. Your research has to be compared to or analyzed against Angkor Resources' peers to derive any actionable benefits. When done correctly, Angkor Resources' 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 Angkor Resources Corp.

Other Forecasting Options for Angkor Resources

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

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

Angkor Resources Corp 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 Angkor Resources' 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 Angkor Resources' current price.

Angkor Resources Market Strength Events

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

Angkor Resources Risk Indicators

The analysis of Angkor Resources' 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 Angkor Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting angkor 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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Check out Historical Fundamental Analysis of Angkor Resources to cross-verify your projections.
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Please note, there is a significant difference between Angkor Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Angkor Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Angkor Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.