PCI Biotech Stock Forecast - Triple Exponential Smoothing

PCI Biotech Additional Predictive Modules

Most predictive techniques to examine PCI price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PCI using various technical indicators. When you analyze PCI 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 PCI Biotech - 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 PCI Biotech 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 PCI Biotech price movement. However, neither of these exponential smoothing models address any seasonality of PCI Biotech Holding.

PCI Biotech Triple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of PCI Biotech Holding on the next trading day is expected to be 0.25 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.66.

PCI Biotech Stock Forecast Pattern

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PCI Biotech 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 PCI Biotech stock data series using in forecasting. Note that when a statistical model is used to represent PCI Biotech 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. As with simple exponential smoothing, in triple exponential smoothing models past PCI Biotech 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 PCI Biotech Holding observations.

Predictive Modules for PCI Biotech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PCI Biotech Holding. 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 0.25 5.42 Details

Intrinsic Valuation Low Real High 0.01 0.22 5.39 Details

Bollinger Band Projection (param) Low Middle High 0.22 0.25 0.29 Details

PCI Biotech After-Hype Price Prediction Density Analysis

PCI Biotech Estimiated After-Hype Price Volatility

PCI Biotech Stock Price Prediction Analysis

PCI Biotech Hype Timeline

PCI Biotech Holding is at this time traded for 0.25on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. PCI is expected 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 expected to be very small, whereas the daily expected return is at this time at -0.18%. %. The volatility of related hype on PCI Biotech is about 0.0%, with the expected price after the next announcement by competition of 0.25. About 32.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. PCI Biotech Holding recorded a loss per share of 2.35. The entity had not issued any dividends in recent years. The firm had 405:376 split on the 17th of September 2018. Assuming the 90 days trading horizon the next expected press release will be within a week. Check out Historical Fundamental Analysis of PCI Biotech to cross-verify your projections.

PCI Biotech Related Hype Analysis

Other Forecasting Options for PCI Biotech

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

PCI Biotech Related Equities

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Correlation

PCI Biotech Market Strength Events

PCI Biotech Risk Indicators

Story Coverage note for PCI Biotech

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PCI Biotech Short Properties

Other Information on Investing in PCI Stock