CK Asset Pink Sheet Forecast - Simple Exponential Smoothing

CK Asset 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 CK Asset Holdings are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as CK Asset Holdings prices get older.

CK Asset Simple Exponential Smoothing Price Forecast For the 17th of April 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of CK Asset Holdings on the next trading day is expected to be 4.15 with a mean absolute deviation of 0.04, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.62.

CK Asset Pink Sheet Forecast Pattern

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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 CK Asset pink sheet data series using in forecasting. Note that when a statistical model is used to represent CK Asset 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. This simple exponential smoothing model begins by setting CK Asset Holdings forecast for the second period equal to the observation of the first period. In other words, recent CK Asset observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for CK Asset

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CK Asset Holdings. 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 Low Estimated High 2.29 4.15 6.01 Details

Intrinsic Valuation Low Real High 1.74 3.60 5.46 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as CK Asset. Your research has to be compared to or analyzed against CK Asset's peers to derive any actionable benefits. When done correctly, CK Asset's 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 CK Asset Holdings.

Other Forecasting Options for CK Asset

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

CK Asset Related Equities

Risk & Return

Correlation

CK Asset Holdings 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 CK Asset'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 CK Asset's current price.

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Pair Trading with CK Asset

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CK Asset position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CK Asset will appreciate offsetting losses from the drop in the long position's value.

Complementary Tools for CHKGF Pink Sheet analysis

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

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Technical Analysis Details

Please note, there is a significant difference between CK Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if CK Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CK Asset's 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.