Roscan Gold Stock Forward View - Double Exponential Smoothing

Roscan Gold Additional Predictive Modules

Most predictive techniques to examine Roscan price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Roscan using various technical indicators. When you analyze Roscan 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. 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 Roscan Gold works best with periods where there are trends or seasonality.

Roscan Gold Double Exponential Smoothing Price Forecast For the 2nd of February

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Roscan Gold Corp on the next trading day is expected to be 0.16 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000081, and the sum of the absolute errors of 0.38.

Roscan Gold Stock Forecast Pattern

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Roscan Gold Forecasted Value

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 Roscan Gold stock data series using in forecasting. Note that when a statistical model is used to represent Roscan Gold 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. When Roscan Gold Corp 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 Roscan Gold Corp 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 Roscan Gold observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Roscan Gold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Roscan Gold Corp. Regardless of method or technology, however, to accurately forecast the stock 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 0.01 0.22 6.68 Details

Intrinsic Valuation Low Real High 0.01 0.14 6.60 Details

Bollinger Band Projection (param) Low Middle High 0.14 0.16 0.18 Details

Earnings Estimates (0) Low Projected EPS High 0.00 0.00 0.00 Details

Roscan Gold After-Hype Price Density Analysis

Roscan Gold Estimiated After-Hype Price Volatility

Roscan Gold Stock Price Outlook Analysis

Notes

Roscan Gold Hype Timeline

Roscan Gold Corp is at this time traded for 0.16on TSX Venture Exchange of Canada. The entity has historical hype elasticity of 0.06, and average elasticity to hype of competition of 0.01. Roscan is estimated to increase in value after the next headline, with the price projected to jump to 0.22 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is anticipated to be 37.5%, whereas the daily expected return is at this time at 0.81%. The volatility of related hype on Roscan Gold is about 51680.0%, with the expected price after the next announcement by competition of 0.17. Roscan Gold Corp has accumulated 1.27 M in total debt with debt to equity ratio (D/E) of 10.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Roscan Gold Corp has a current ratio of 4.86, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Roscan Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Roscan Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Roscan Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Roscan to invest in growth at high rates of return. When we think about Roscan Gold's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next estimated press release will be in about 8 days. Check out Historical Fundamental Analysis of Roscan Gold to cross-verify your projections.

Roscan Gold Related Hype Analysis

Other Forecasting Options for Roscan Gold

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

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