Futuris Pink Sheet Forecast - Double Exponential Smoothing

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 Futuris works best with periods where there are trends or seasonality.

Futuris Double Exponential Smoothing Price Forecast For the 20th of April

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Futuris Company on the next trading day is expected to be 0.03 with a mean absolute deviation of 0, mean absolute percentage error of 0.00002, and the sum of the absolute errors of 0.20.

Futuris Pink Sheet Forecast Pattern

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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 Futuris pink sheet data series using in forecasting. Note that when a statistical model is used to represent Futuris 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. When Futuris Company 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 Futuris Company 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 Futuris observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Futuris

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Futuris Company. 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 0.00 0.03 16.30 Details

Intrinsic Valuation Low Real High 0.00 0.03 16.30 Details

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

Other Forecasting Options for Futuris

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

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Futuris Company 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 Futuris' 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 Futuris' current price.

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Intrinsic Valuation Details

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Technical Analysis Details

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