Naranja Standard Fund Forecast - Double Exponential Smoothing

Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Naranja Standard works best with periods where there are trends or seasonality.

Naranja Standard Double Exponential Smoothing Price Forecast For the 5th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Naranja Standard Poors on the next trading day is expected to be 135.79 with a mean absolute deviation of 0.78, mean absolute percentage error of 1.33, and the sum of the absolute errors of 46.29.

Naranja Standard Fund Forecast Pattern

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Naranja Standard fund data series using in forecasting. Note that when a statistical model is used to represent Naranja Standard fund, 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. When Naranja Standard Poors 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 Naranja Standard Poors trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Naranja Standard observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Naranja Standard

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Naranja Standard Poors. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.

Naranja Standard Related Equities

Risk & Return

Correlation

Naranja Standard Market Strength Events

Naranja Standard Risk Indicators

Currently Active Assets on Macroaxis