MMG Pink Sheet Forward View - Triple Exponential Smoothing
| MMLTF Pink Sheet | USD 1.00 -0.10 -9.09% |
The Triple Exponential Smoothing forecast reference data for MMG Limited is based on the equity's recent trading history. Forecast values and accuracy indicators are summarized on this page for reference. This reference information is provided for analytical context.
The Triple Exponential Smoothing forecasted value of MMG Limited on the next trading day is expected to be 0.98 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.50.As with simple exponential smoothing, in triple exponential smoothing models past MMG 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 MMG Limited observations. The Triple Exponential Smoothing projections for MMG Limited are reference data based on historical daily prices and are provided as informational context. Triple Exponential Smoothing Price Forecast For the 28th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of MMG Limited on the next trading day is expected to be 0.98 with a mean absolute deviation of 0.04 , mean absolute percentage error of 0.0039 , and the sum of the absolute errors of 2.50 .Please note that although there have been many attempts to predict MMG Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that MMG's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
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Forecasted Value
Forecasting MMG Limited for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The current forecast range spans downside near 0.01 and upside near 5.70.
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 MMG pink sheet data series using in forecasting. Note that when a statistical model is used to represent MMG 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.0112 |
| MAD | Mean absolute deviation | 0.0424 |
| MAPE | Mean absolute percentage error | 0.0341 |
| SAE | Sum of the absolute errors | 2.5001 |
Other Forecasting Options for MMG
Volatility clustering is a well-documented feature of MMG Pink Sheet price data where periods of large moves tend to follow other large moves. When MMG's RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in MMG's returns can persist when driven by structural factors like earnings calendars or index rebalancing.MMG Related Equities
Sizing up MMG against these stocks within the Copper space shows how it compares on key financial measures. Looking at MMG's pricing multiples next to these peers shows if the stock trades at a premium or discount.
| Risk & Return | Correlation |
MMG Market Strength Events
Analyzing market strength indicators for MMG enables investors to understand relative pink sheet momentum. These tools help identify favorable windows for position changes in MMG Limited. Market strength indicators support more precise timing of MMG Limited positions across market cycles.
| Rate Of Daily Change | 0.91 | |||
| Day Median Price | 1.0 | |||
| Day Typical Price | 1.0 | |||
| Price Action Indicator | -0.05 | |||
| Period Momentum Indicator | -0.10 | |||
| Relative Strength Index | 38.08 |
MMG Risk Indicators
Identifying and analyzing MMG's key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in MMG's and determining how best to manage it. Studying MMG's risk indicators helps investors understand the risk level of mmg pink sheet.
| Mean Deviation | 2.54 | |||
| Semi Deviation | 3.41 | |||
| Standard Deviation | 4.78 | |||
| Variance | 22.88 | |||
| Downside Variance | 52.39 | |||
| Semi Variance | 11.62 | |||
| Expected Short fall | -5.37 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for MMG
The amount of media and story coverage tied to MMG Limited can signal where market attention is concentrating at the moment. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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Other Information on Investing in MMG Pink Sheet
MMG financial ratios describe how key financial values relate to each other. Values are aligned to support consistent measurement over time.