UNITED URBAN Stock Forecast - Triple Exponential Smoothing

0S2 Stock  EUR 800.00  30.00  3.61%   
The Triple Exponential Smoothing forecasted value of UNITED URBAN INV on the next trading day is expected to be 794.68 with a mean absolute deviation of 6.58 and the sum of the absolute errors of 388.35. UNITED Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of UNITED URBAN's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for UNITED URBAN - 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 UNITED URBAN 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 UNITED URBAN price movement. However, neither of these exponential smoothing models address any seasonality of UNITED URBAN INV.

UNITED URBAN Triple Exponential Smoothing Price Forecast For the 13th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of UNITED URBAN INV on the next trading day is expected to be 794.68 with a mean absolute deviation of 6.58, mean absolute percentage error of 74.36, and the sum of the absolute errors of 388.35.
Please note that although there have been many attempts to predict UNITED Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that UNITED URBAN's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

UNITED URBAN Stock Forecast Pattern

UNITED URBAN Forecasted Value

In the context of forecasting UNITED URBAN's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. UNITED URBAN's downside and upside margins for the forecasting period are 793.72 and 795.64, respectively. We have considered UNITED URBAN's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
800.00
793.72
Downside
794.68
Expected Value
795.64
Upside

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 UNITED URBAN stock data series using in forecasting. Note that when a statistical model is used to represent UNITED URBAN 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors 1.2269
MADMean absolute deviation6.5822
MAPEMean absolute percentage error0.0079
SAESum of the absolute errors388.3511
As with simple exponential smoothing, in triple exponential smoothing models past UNITED URBAN 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 UNITED URBAN INV observations.

Predictive Modules for UNITED URBAN

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as UNITED URBAN INV. 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
LowEstimatedHigh
799.04800.00800.96
Details
Intrinsic
Valuation
LowRealHigh
655.04656.00880.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
803.96837.50871.04
Details

Other Forecasting Options for UNITED URBAN

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

UNITED URBAN Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with UNITED URBAN stock to make a market-neutral strategy. Peer analysis of UNITED URBAN could also be used in its relative valuation, which is a method of valuing UNITED URBAN by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

UNITED URBAN INV 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 UNITED URBAN'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 UNITED URBAN's current price.

UNITED URBAN Market Strength Events

Market strength indicators help investors to evaluate how UNITED URBAN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UNITED URBAN shares will generate the highest return on investment. By undertsting and applying UNITED URBAN stock market strength indicators, traders can identify UNITED URBAN INV entry and exit signals to maximize returns.

UNITED URBAN Risk Indicators

The analysis of UNITED URBAN's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in UNITED URBAN's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting united stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
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.

Currently Active Assets on Macroaxis

Other Information on Investing in UNITED Stock

UNITED URBAN financial ratios help investors to determine whether UNITED Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in UNITED with respect to the benefits of owning UNITED URBAN security.