Prosus Pink Sheet Forward View - Triple Exponential Smoothing
| PROSF Stock | USD 53.56 0.38 0.71% |
This page provides reference data for Prosus using Triple Exponential Smoothing forecasting. The projected value and error metrics are calculated from available daily price observations.
The Triple Exponential Smoothing forecasted value of Prosus on the next trading day is expected to be 53.56 with a mean absolute deviation of 0.49 and the sum of the absolute errors of 28.70.As with simple exponential smoothing, in triple exponential smoothing models past Prosus 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 Prosus observations. This Triple Exponential Smoothing reference page for Prosus presents model-generated projections from historical price data for informational purposes. Triple Exponential Smoothing Price Forecast For the 22nd of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Prosus on the next trading day is expected to be 53.56 with a mean absolute deviation of 0.49 , mean absolute percentage error of 1.39 , and the sum of the absolute errors of 28.70 .Please note that although there have been many attempts to predict Prosus 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 Prosus' 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
The next-day forecast for Prosus focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 51.59 and upside around 55.53 for the forecasting period.
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 Prosus pink sheet data series using in forecasting. Note that when a statistical model is used to represent Prosus 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 | 0.1702 |
| MAD | Mean absolute deviation | 0.4864 |
| MAPE | Mean absolute percentage error | 0.0086 |
| SAE | Sum of the absolute errors | 28.7 |
Other Forecasting Options for Prosus
For investors considering Prosus, Prosus' price movement is the most direct driver of investment returns. Noise in Prosus Pink Sheet price charts can make identifying meaningful trends difficult without dedicated analytical tools.View Prosus' Related Equities
| Risk & Return | Correlation |
Prosus Market Strength Events
Market strength indicators for Prosus provide investors with a view of how the pink sheet performs across different market environments. By analyzing these indicators, traders can determine the best moments to enter or exit positions in Prosus.
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 53.56 | |||
| Day Typical Price | 53.56 | |||
| Price Action Indicator | 0.19 | |||
| Period Momentum Indicator | 0.38 |
Prosus Risk Indicators
A structured analysis of Prosus' risk indicators is one of the most reliable ways to improve the accuracy of price forecasts. Understanding the risk embedded in Prosus' allows investors to decide whether to accept, reduce, or hedge their exposure.
| Mean Deviation | 1.01 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.87 |
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 Prosus
The amount of media and story coverage tied to Prosus can signal where market attention is concentrating at the moment. A disciplined read of coverage separates durable relevance from temporary noise.
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Other Information on Investing in Prosus Pink Sheet
Financial ratios for Prosus show relationships between important financial metrics. They frame financial performance across earnings, cash flow, and valuation. The data is structured to allow stable comparisons over time.