InBody CoLtd Stock Forecast - Simple Exponential Smoothing

InBody CoLtd simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for InBody CoLtd are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as InBody CoLtd prices get older.

InBody CoLtd Simple Exponential Smoothing Price Forecast For the 23rd of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of InBody CoLtd on the next trading day is expected to be 21,300 with a mean absolute deviation of 333.33, mean absolute percentage error of 201,500, and the sum of the absolute errors of 20,000.

InBody CoLtd Stock Forecast Pattern

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InBody CoLtd Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of InBody CoLtd stock data series using in forecasting. Note that when a statistical model is used to represent InBody CoLtd 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. This simple exponential smoothing model begins by setting InBody CoLtd forecast for the second period equal to the observation of the first period. In other words, recent InBody CoLtd observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for InBody CoLtd

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as InBody CoLtd. 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 21,298 21,300 21,302 Details

Intrinsic Valuation Low Real High 20,296 20,298 23,430 Details

Bollinger Band Projection (param) Low Middle High 20,971 22,165 23,359 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as InBody CoLtd. Your research has to be compared to or analyzed against InBody CoLtd's peers to derive any actionable benefits. When done correctly, InBody CoLtd'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 InBody CoLtd.

Other Forecasting Options for InBody CoLtd

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

InBody CoLtd Related Equities

Risk & Return

Correlation

InBody CoLtd 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 InBody CoLtd'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 InBody CoLtd's current price.

InBody CoLtd Market Strength Events

InBody CoLtd Risk Indicators

Pair Trading with InBody CoLtd

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 InBody CoLtd 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 InBody CoLtd will appreciate offsetting losses from the drop in the long position's value.

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