AST Groupe Stock Forecast - Triple Exponential Smoothing

ALAST Stock  EUR 0.48  0.02  4.00%   
The Triple Exponential Smoothing forecasted value of AST Groupe on the next trading day is expected to be 0.48 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. AST Stock Forecast is based on your current time horizon.
  
Triple exponential smoothing for AST Groupe - 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 AST Groupe 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 AST Groupe price movement. However, neither of these exponential smoothing models address any seasonality of AST Groupe.

AST Groupe Triple Exponential Smoothing Price Forecast For the 11th of January 2025

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of AST Groupe on the next trading day is expected to be 0.48 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict AST 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 AST Groupe's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AST Groupe Stock Forecast Pattern

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AST Groupe Forecasted Value

In the context of forecasting AST Groupe'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. AST Groupe's downside and upside margins for the forecasting period are 0.48 and 0.48, respectively. We have considered AST Groupe'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
0.48
0.48
Expected Value
0.48
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 AST Groupe stock data series using in forecasting. Note that when a statistical model is used to represent AST Groupe 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 None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
As with simple exponential smoothing, in triple exponential smoothing models past AST Groupe 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 AST Groupe observations.

Predictive Modules for AST Groupe

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AST Groupe. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AST Groupe's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.480.480.48
Details
Intrinsic
Valuation
LowRealHigh
0.400.400.53
Details

Other Forecasting Options for AST Groupe

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

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

AST Groupe 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 AST Groupe'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 AST Groupe's current price.

AST Groupe Market Strength Events

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for AST Stock Analysis

When running AST Groupe's price analysis, check to measure AST Groupe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AST Groupe is operating at the current time. Most of AST Groupe's value examination focuses on studying past and present price action to predict the probability of AST Groupe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AST Groupe's price. Additionally, you may evaluate how the addition of AST Groupe to your portfolios can decrease your overall portfolio volatility.