Elcom International Pink Sheet Forecast - Triple Exponential Smoothing

Elcom International Additional Predictive Modules

Most predictive techniques to examine Elcom price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Elcom using various technical indicators. When you analyze Elcom charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Triple exponential smoothing for Elcom International - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Elcom International 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 trend in Elcom International price movement. However, neither of these exponential smoothing models address any seasonality of Elcom International.

Elcom International Triple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Elcom International on the next trading day is expected to be 35.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.

Elcom International Pink Sheet Forecast Pattern

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Elcom International Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Elcom International pink sheet data series using in forecasting. Note that when a statistical model is used to represent Elcom International 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. As with simple exponential smoothing, in triple exponential smoothing models past Elcom International observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Elcom International observations.

Predictive Modules for Elcom International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elcom International. 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 35.00 35.00 35.00 Details

Intrinsic Valuation Low Real High 35.00 35.00 35.00 Details

Bollinger Band Projection (param) Low Middle High 35.00 35.00 35.00 Details

Elcom International After-Hype Price Prediction Density Analysis

Elcom International Estimiated After-Hype Price Volatility

Elcom International Pink Sheet Price Prediction Analysis

Elcom International Hype Timeline

Elcom International is currently traded for 35.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Elcom is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Elcom International is about 0.0%, with the expected price after the next announcement by competition of 35.00. The company has Price/Earnings To Growth (PEG) ratio of 1.04. Elcom International recorded a loss per share of 5.57. The entity had not issued any dividends in recent years. The firm had 1:1100 split on the 19th of July 2012. Given the investment horizon of 90 days the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Elcom International to cross-verify your projections.

Elcom International Related Hype Analysis

Other Forecasting Options for Elcom International

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

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