Ben Thanh Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Ben Thanh - 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 Ben Thanh 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 Ben Thanh price movement. However, neither of these exponential smoothing models address any seasonality of Ben Thanh Rubber.

Ben Thanh Triple Exponential Smoothing Price Forecast For the 16th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Ben Thanh Rubber on the next trading day is expected to be 13,972 with a mean absolute deviation of 78.30, mean absolute percentage error of 11,761, and the sum of the absolute errors of 4,619.

Ben Thanh Stock Forecast Pattern

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Ben Thanh Price Prediction

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Ben Thanh Forecasted Value

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 Ben Thanh stock data series using in forecasting. Note that when a statistical model is used to represent Ben Thanh 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. As with simple exponential smoothing, in triple exponential smoothing models past Ben Thanh 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 Ben Thanh Rubber observations.

Predictive Modules for Ben Thanh

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ben Thanh Rubber. 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 Low Estimated High 13,949 13,950 13,951 Details

Intrinsic Valuation Low Real High 13,103 13,104 15,345 Details

Bollinger Band Projection (param) Low Middle High 13,647 13,952 14,257 Details

Other Forecasting Options for Ben Thanh

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

Ben Thanh Related Equities

Risk & Return

Correlation

Ben Thanh Rubber 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 Ben Thanh'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 Ben Thanh's current price.

Ben Thanh Market Strength Events

Ben Thanh Risk Indicators

Pair Trading with Ben Thanh

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 Ben Thanh 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 Ben Thanh will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Ben Stock