Imagine Lithium Stock Forecast - Simple Exponential Smoothing

Imagine Lithium 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 Imagine Lithium are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Imagine Lithium prices get older.

Imagine Lithium Simple Exponential Smoothing Price Forecast For the 9th of June

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Imagine Lithium on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.003055, mean absolute percentage error of 0.00002161, and the sum of the absolute errors of 0.18.

Imagine Lithium Stock Forecast Pattern

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Imagine Lithium Price Prediction

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Imagine Lithium Forecasted Value

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

Predictive Modules for Imagine Lithium

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Imagine Lithium. Regardless of method or technology, however, to accurately forecast the stock or bond 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.

Hype Prediction Low Estimated High 0.00 0.09 5.49 Details

Intrinsic Valuation Low Real High 0.00 0.08 5.48 Details

Bollinger Band Projection (param) Low Middle High 0.07 0.09 0.10 Details

Other Forecasting Options for Imagine Lithium

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

Imagine Lithium Related Equities

Risk & Return

Correlation

Imagine Lithium 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 Imagine Lithium'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 Imagine Lithium's current price.

Imagine Lithium Market Strength Events

Imagine Lithium Risk Indicators

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Imagine Lithium using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Altman Z Score Details

Intrinsic Valuation Details

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Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Imagine Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imagine Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imagine Lithium'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. $(function(){ //alert('ILI.V'); displaySymbolSentimentChart('ILI.V','sentimentChart'); });