BAE Systems Pink Sheet Forecast - Double Exponential Smoothing

BAESF Stock  USD 15.00  0.25  1.64%   
The Double Exponential Smoothing forecasted value of BAE Systems PLC on the next trading day is expected to be 14.96 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.58. BAE Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of BAE Systems' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
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 BAE Systems works best with periods where there are trends or seasonality.

BAE Systems Double Exponential Smoothing Price Forecast For the 13th of December 2024

Given 90 days horizon, the Double Exponential Smoothing forecasted value of BAE Systems PLC on the next trading day is expected to be 14.96 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.17, and the sum of the absolute errors of 18.58.
Please note that although there have been many attempts to predict BAE Pink Sheet 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 BAE Systems' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

BAE Systems Pink Sheet Forecast Pattern

Backtest BAE SystemsBAE Systems Price PredictionBuy or Sell Advice 

BAE Systems Forecasted Value

In the context of forecasting BAE Systems' Pink Sheet 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. BAE Systems' downside and upside margins for the forecasting period are 12.37 and 17.55, respectively. We have considered BAE Systems' 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
15.00
14.96
Expected Value
17.55
Upside

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 BAE Systems pink sheet data series using in forecasting. Note that when a statistical model is used to represent BAE Systems pink sheet, 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 0.067
MADMean absolute deviation0.3149
MAPEMean absolute percentage error0.019
SAESum of the absolute errors18.5814
When BAE Systems PLC 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 BAE Systems PLC 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 BAE Systems observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for BAE Systems

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BAE Systems PLC. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 BAE Systems' 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
12.4115.0017.59
Details
Intrinsic
Valuation
LowRealHigh
10.9413.5316.12
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.7115.9517.19
Details

Other Forecasting Options for BAE Systems

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

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

BAE Systems PLC Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BAE Systems' 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 BAE Systems' current price.

BAE Systems Market Strength Events

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

BAE Systems Risk Indicators

The analysis of BAE Systems' 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 BAE Systems' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bae pink sheet 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 BAE Pink Sheet

BAE Systems financial ratios help investors to determine whether BAE Pink Sheet 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 BAE with respect to the benefits of owning BAE Systems security.