Asia Seed Stock Forecast - Triple Exponential Smoothing

154030 Stock  KRW 1,783  24.00  1.33%   
The Triple Exponential Smoothing forecasted value of Asia Seed CoLtd on the next trading day is expected to be 1,776 with a mean absolute deviation of 36.18 and the sum of the absolute errors of 2,135. Asia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Asia Seed stock prices and determine the direction of Asia Seed CoLtd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Asia Seed's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Asia Seed - 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 Asia Seed 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 Asia Seed price movement. However, neither of these exponential smoothing models address any seasonality of Asia Seed CoLtd.

Asia Seed Triple Exponential Smoothing Price Forecast For the 25th of March

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Asia Seed CoLtd on the next trading day is expected to be 1,776 with a mean absolute deviation of 36.18, mean absolute percentage error of 3,127, and the sum of the absolute errors of 2,135.
Please note that although there have been many attempts to predict Asia 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 Asia Seed's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Asia Seed Stock Forecast Pattern

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Asia Seed Forecasted Value

In the context of forecasting Asia Seed'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. Asia Seed's downside and upside margins for the forecasting period are 1,774 and 1,779, respectively. We have considered Asia Seed'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
1,783
1,776
Expected Value
1,779
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 Asia Seed stock data series using in forecasting. Note that when a statistical model is used to represent Asia Seed 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 -6.3226
MADMean absolute deviation36.1823
MAPEMean absolute percentage error0.0178
SAESum of the absolute errors2134.7559
As with simple exponential smoothing, in triple exponential smoothing models past Asia Seed 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 Asia Seed CoLtd observations.

Predictive Modules for Asia Seed

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asia Seed 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
LowEstimatedHigh
1,7801,7831,786
Details
Intrinsic
Valuation
LowRealHigh
1,4951,4981,961
Details
Bollinger
Band Projection (param)
LowMiddleHigh
1,7091,8141,920
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Asia Seed. Your research has to be compared to or analyzed against Asia Seed's peers to derive any actionable benefits. When done correctly, Asia Seed'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 Asia Seed CoLtd.

Other Forecasting Options for Asia Seed

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

Asia Seed 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 Asia Seed stock to make a market-neutral strategy. Peer analysis of Asia Seed could also be used in its relative valuation, which is a method of valuing Asia Seed by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Asia Seed 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 Asia Seed'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 Asia Seed's current price.

Asia Seed Market Strength Events

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

Asia Seed Risk Indicators

The analysis of Asia Seed'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 Asia Seed's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asia 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.

Pair Trading with Asia Seed

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 Asia Seed 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 Asia Seed will appreciate offsetting losses from the drop in the long position's value.

Moving against Asia Stock

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  0.48005935 Samsung ElectronicsPairCorr
  0.41088910 Dongwoo Farm ToPairCorr
  0.38005930 Samsung ElectronicsPairCorr
The ability to find closely correlated positions to Asia Seed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asia Seed when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asia Seed - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asia Seed CoLtd to buy it.
The correlation of Asia Seed is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asia Seed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asia Seed CoLtd moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asia Seed can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Asia Stock

Asia Seed financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Seed security.