China Overseas Pink Sheet Forecast - Double Exponential Smoothing
| CAOVY Stock | USD 9.50 0.01 0.11% |
The Double Exponential Smoothing forecasted value of China Overseas Land on the next trading day is expected to be 9.44 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 12.13. China Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast China Overseas stock prices and determine the direction of China Overseas Land's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of China Overseas' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of China Overseas to cross-verify your projections. China |
Most investors in China Overseas 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 China Overseas' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets China Overseas' price structures and extracts relationships that further increase the generated results' accuracy.
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 China Overseas works best with periods where there are trends or seasonality. China Overseas Double Exponential Smoothing Price Forecast For the 1st of June
Given 90 days horizon, the Double Exponential Smoothing forecasted value of China Overseas Land on the next trading day is expected to be 9.44 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.08, and the sum of the absolute errors of 12.13.Please note that although there have been many attempts to predict China 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 China Overseas' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
China Overseas Pink Sheet Forecast Pattern
| Backtest China Overseas | China Overseas Price Prediction | Buy or Sell Advice |
China Overseas Forecasted Value
In the context of forecasting China Overseas' 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. China Overseas' downside and upside margins for the forecasting period are 6.29 and 12.59, respectively. We have considered China Overseas' 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 China Overseas pink sheet data series using in forecasting. Note that when a statistical model is used to represent China Overseas 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0145 |
| MAD | Mean absolute deviation | 0.2057 |
| MAPE | Mean absolute percentage error | 0.0248 |
| SAE | Sum of the absolute errors | 12.1343 |
Predictive Modules for China Overseas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Overseas Land. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Overseas' 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.
Other Forecasting Options for China Overseas
For every potential investor in China, whether a beginner or expert, China Overseas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. China Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in China. Basic forecasting techniques help filter out the noise by identifying China Overseas' price trends.China Overseas 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 China Overseas pink sheet to make a market-neutral strategy. Peer analysis of China Overseas could also be used in its relative valuation, which is a method of valuing China Overseas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
China Overseas Land 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 China Overseas' 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 China Overseas' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
China Overseas Market Strength Events
Market strength indicators help investors to evaluate how China Overseas 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 China Overseas shares will generate the highest return on investment. By undertsting and applying China Overseas pink sheet market strength indicators, traders can identify China Overseas Land entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.5 | |||
| Day Typical Price | 9.5 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
China Overseas Risk Indicators
The analysis of China Overseas' 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 China Overseas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china 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.
| Mean Deviation | 2.36 | |||
| Semi Deviation | 2.4 | |||
| Standard Deviation | 3.16 | |||
| Variance | 10.01 | |||
| Downside Variance | 8.47 | |||
| Semi Variance | 5.76 | |||
| Expected Short fall | (2.61) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of China Overseas to cross-verify your projections. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for China Pink Sheet analysis
When running China Overseas' price analysis, check to measure China Overseas' 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 China Overseas is operating at the current time. Most of China Overseas' value examination focuses on studying past and present price action to predict the probability of China Overseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Overseas' price. Additionally, you may evaluate how the addition of China Overseas to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |