Fattal 1998 Stock Forecast - Double Exponential Smoothing

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 Fattal 1998 works best with periods where there are trends or seasonality.

Fattal 1998 Double Exponential Smoothing Price Forecast For the 1st of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Fattal 1998 Holdings on the next trading day is expected to be 53,070 with a mean absolute deviation of 807.69, mean absolute percentage error of 1,041,708, and the sum of the absolute errors of 47,654.

Fattal 1998 Stock Forecast Pattern

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Fattal 1998 Forecasted Value

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 Fattal 1998 stock data series using in forecasting. Note that when a statistical model is used to represent Fattal 1998 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. When Fattal 1998 Holdings 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 Fattal 1998 Holdings 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 Fattal 1998 observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Fattal 1998

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fattal 1998 Holdings. 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 52,718 52,720 52,722 Details

Intrinsic Valuation Low Real High 37,429 37,431 57,992 Details

Bollinger Band Projection (param) Low Middle High 49,316 51,468 53,620 Details

Other Forecasting Options for Fattal 1998

For every potential investor in Fattal, whether a beginner or expert, Fattal 1998's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fattal Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fattal. Basic forecasting techniques help filter out the noise by identifying Fattal 1998's price trends.

Fattal 1998 Related Equities

Risk & Return

Correlation

Fattal 1998 Holdings 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 Fattal 1998'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 Fattal 1998's current price.

Fattal 1998 Market Strength Events

Fattal 1998 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.

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