BBVA Telecomunicacion 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 BBVA Telecomunicacion works best with periods where there are trends or seasonality.

BBVA Telecomunicacion Double Exponential Smoothing Price Forecast For the 22nd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of BBVA Telecomunicaciones PP on the next trading day is expected to be 30.25 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.08, and the sum of the absolute errors of 11.49.

BBVA Telecomunicacion Fund Forecast Pattern

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BBVA Telecomunicacion Forecasted Value

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 BBVA Telecomunicacion fund data series using in forecasting. Note that when a statistical model is used to represent BBVA Telecomunicacion 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 BBVA Telecomunicaciones PP 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 BBVA Telecomunicaciones PP 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 BBVA Telecomunicacion observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for BBVA Telecomunicacion

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BBVA Telecomunicaciones. 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.

Hype Prediction Low Estimated High 29.22 30.14 31.06 Details

Intrinsic Valuation Low Real High 27.13 32.50 33.42 Details

Bollinger Band Projection (param) Low Middle High 28.93 30.00 31.07 Details

Other Forecasting Options for BBVA Telecomunicacion

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

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Correlation

BBVA Telecomunicaciones Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BBVA Telecomunicacion'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 BBVA Telecomunicacion's current price.

BBVA Telecomunicacion Market Strength Events

BBVA Telecomunicacion Risk Indicators

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