Auction Technology Stock Forecast - Triple Exponential Smoothing

ATG Stock   565.00  5.00  0.88%   
The Triple Exponential Smoothing forecasted value of Auction Technology Group on the next trading day is expected to be 569.16 with a mean absolute deviation of 9.92 and the sum of the absolute errors of 595.21. Auction Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Auction Technology stock prices and determine the direction of Auction Technology Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Auction Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Auction Technology's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 51.9 M, whereas Retained Earnings are forecasted to decline to (4.1 M).
Triple exponential smoothing for Auction Technology - 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 Auction Technology 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 Auction Technology price movement. However, neither of these exponential smoothing models address any seasonality of Auction Technology.

Auction Technology Triple Exponential Smoothing Price Forecast For the 13th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Auction Technology Group on the next trading day is expected to be 569.16 with a mean absolute deviation of 9.92, mean absolute percentage error of 189.10, and the sum of the absolute errors of 595.21.
Please note that although there have been many attempts to predict Auction 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 Auction Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Auction Technology Stock Forecast Pattern

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Auction Technology Forecasted Value

In the context of forecasting Auction Technology'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. Auction Technology's downside and upside margins for the forecasting period are 566.27 and 572.05, respectively. We have considered Auction Technology'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
565.00
566.27
Downside
569.16
Expected Value
572.05
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 Auction Technology stock data series using in forecasting. Note that when a statistical model is used to represent Auction Technology 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 1.489
MADMean absolute deviation9.9202
MAPEMean absolute percentage error0.0214
SAESum of the absolute errors595.2113
As with simple exponential smoothing, in triple exponential smoothing models past Auction Technology 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 Auction Technology Group observations.

Predictive Modules for Auction Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Auction Technology. 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
557.07559.96621.50
Details
Intrinsic
Valuation
LowRealHigh
437.79440.68621.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
432.73526.71620.70
Details
Earnings
Estimates (0)
LowProjected EPSHigh
7.177.517.92
Details

Other Forecasting Options for Auction Technology

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

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

Auction Technology 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 Auction Technology'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 Auction Technology's current price.

Auction Technology Market Strength Events

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

Auction Technology Risk Indicators

The analysis of Auction Technology'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 Auction Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting auction 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.

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.

Other Information on Investing in Auction Stock

Auction Technology financial ratios help investors to determine whether Auction 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 Auction with respect to the benefits of owning Auction Technology security.