Blackstone Minerals Pink Sheet Forecast - Double Exponential Smoothing

Blackstone Minerals Additional Predictive Modules

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

Blackstone Minerals Double Exponential Smoothing Price Forecast For the 25th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Blackstone Minerals on the next trading day is expected to be 0.04 with a mean absolute deviation of 0, mean absolute percentage error of 0.000028, and the sum of the absolute errors of 0.15.

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

Predictive Modules for Blackstone Minerals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blackstone Minerals. 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 0.04 20.17 Details

Intrinsic Valuation Low Real High 0.00 0.03 20.16 Details

Bollinger Band Projection (param) Low Middle High 0.02 0.03 0.04 Details

Blackstone Minerals After-Hype Price Prediction Density Analysis

Blackstone Minerals Estimiated After-Hype Price Volatility

Blackstone Minerals Pink Sheet Price Prediction Analysis

Blackstone Minerals Hype Timeline

Blackstone Minerals is currently traded for 0.04. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Blackstone is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at 1.74%. %. The volatility of related hype on Blackstone Minerals is about 0.0%, with the expected price after the next announcement by competition of 0.04. About 29.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.0. Some equities with similar Price to Book (P/B) outperform the market in the long run. Blackstone Minerals recorded a loss per share of 0.04. The entity had not issued any dividends in recent years. The firm had 5:119 split on the 19th of December 2016. Assuming the 90 days horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Blackstone Minerals to cross-verify your projections.

Blackstone Minerals Related Hype Analysis

Other Forecasting Options for Blackstone Minerals

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

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