SeAH Bestee Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for SeAH Bestee - 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 SeAH Bestee 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 SeAH Bestee price movement. However, neither of these exponential smoothing models address any seasonality of SeAH Bestee.

SeAH Bestee Triple Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of SeAH Bestee on the next trading day is expected to be 21,840 with a mean absolute deviation of 450.83, mean absolute percentage error of 556,955, and the sum of the absolute errors of 27,050.

SeAH Bestee Stock Forecast Pattern

Backtest SeAH Bestee

SeAH Bestee Price Prediction

Buy or Sell Advice

SeAH Bestee 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 SeAH Bestee stock data series using in forecasting. Note that when a statistical model is used to represent SeAH Bestee 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 SeAH Bestee 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 SeAH Bestee observations.

Predictive Modules for SeAH Bestee

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SeAH Bestee. 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 21,896 21,900 21,904 Details

Intrinsic Valuation Low Real High 21,563 21,567 24,090 Details

Bollinger Band Projection (param) Low Middle High 18,210 21,731 25,252 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as SeAH Bestee. Your research has to be compared to or analyzed against SeAH Bestee's peers to derive any actionable benefits. When done correctly, SeAH Bestee's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SeAH Bestee.

Other Forecasting Options for SeAH Bestee

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

SeAH Bestee Related Equities

Risk & Return

Correlation

SeAH Bestee Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of SeAH Bestee's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of SeAH Bestee's current price.

SeAH Bestee Market Strength Events

SeAH Bestee Risk Indicators

Pair Trading with SeAH Bestee

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SeAH Bestee position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SeAH Bestee will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in SeAH Stock