Fresenius Medical Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Fresenius Medical - 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 Fresenius Medical 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 Fresenius Medical price movement. However, neither of these exponential smoothing models address any seasonality of Fresenius Medical Care.

Fresenius Medical Triple Exponential Smoothing Price Forecast For the 7th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Fresenius Medical Care on the next trading day is expected to be 109.45 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.24, and the sum of the absolute errors of 3.77.

Fresenius Medical Stock Forecast Pattern

Fresenius Medical 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 Fresenius Medical stock data series using in forecasting. Note that when a statistical model is used to represent Fresenius Medical 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 Fresenius Medical 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 Fresenius Medical Care observations.

Predictive Modules for Fresenius Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fresenius Medical Care. 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 109.02 109.45 109.88 Details

Intrinsic Valuation Low Real High 97.82 98.25 120.40 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fresenius Medical. Your research has to be compared to or analyzed against Fresenius Medical's peers to derive any actionable benefits. When done correctly, Fresenius Medical'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 Fresenius Medical Care.

Other Forecasting Options for Fresenius Medical

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

Fresenius Medical Related Equities

Risk & Return

Correlation

Fresenius Medical Care 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 Fresenius Medical'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 Fresenius Medical's current price.

Fresenius Medical Market Strength Events

Fresenius Medical Risk Indicators

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 Information and Resources on Investing in Fresenius Stock

When determining whether Fresenius Medical Care is a strong investment it is important to analyze Fresenius Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fresenius Medical's future performance. For an informed investment choice regarding Fresenius Stock, refer to the following important reports:

How To Invest In Fresenius Details

Is Fresenius Stock a good investment? Details

What is Fresenius Medical's Net Worth? Details

Largest Health Care Providers & Services Companies View

Largest Health Care Equipment & Services Companies View

Please note, there is a significant difference between Fresenius Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fresenius Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fresenius Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.