IShares Physical Stock Forecast - Double Exponential Smoothing

ISLN Stock   29.33  0.41  1.42%   
The Double Exponential Smoothing forecasted value of iShares Physical Silver on the next trading day is expected to be 29.31 with a mean absolute deviation of 0.43 and the sum of the absolute errors of 25.32. IShares Stock Forecast is based on your current time horizon.
  
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 IShares Physical works best with periods where there are trends or seasonality.

IShares Physical Double Exponential Smoothing Price Forecast For the 2nd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of iShares Physical Silver on the next trading day is expected to be 29.31 with a mean absolute deviation of 0.43, mean absolute percentage error of 0.32, and the sum of the absolute errors of 25.32.
Please note that although there have been many attempts to predict IShares 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 IShares Physical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

IShares Physical Stock Forecast Pattern

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IShares Physical Forecasted Value

In the context of forecasting IShares Physical'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. IShares Physical's downside and upside margins for the forecasting period are 27.49 and 31.14, respectively. We have considered IShares Physical'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
29.33
29.31
Expected Value
31.14
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 IShares Physical stock data series using in forecasting. Note that when a statistical model is used to represent IShares Physical 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 0.0817
MADMean absolute deviation0.4292
MAPEMean absolute percentage error0.0142
SAESum of the absolute errors25.3248
When iShares Physical Silver 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 iShares Physical Silver 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 IShares Physical observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for IShares Physical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as iShares Physical Silver. 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
27.3729.2031.03
Details
Intrinsic
Valuation
LowRealHigh
23.0524.8832.26
Details

Other Forecasting Options for IShares Physical

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

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

iShares Physical Silver 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 IShares Physical'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 IShares Physical's current price.

IShares Physical Market Strength Events

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

IShares Physical Risk Indicators

The analysis of IShares Physical'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 IShares Physical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ishares 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.

Additional Tools for IShares Stock Analysis

When running IShares Physical's price analysis, check to measure IShares Physical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares Physical is operating at the current time. Most of IShares Physical's value examination focuses on studying past and present price action to predict the probability of IShares Physical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IShares Physical's price. Additionally, you may evaluate how the addition of IShares Physical to your portfolios can decrease your overall portfolio volatility.