Lien Viet Stock Forecast - Triple Exponential Smoothing

LPB Stock   30,300  100.00  0.33%   
The Triple Exponential Smoothing forecasted value of Lien Viet Post on the next trading day is expected to be 30,086 with a mean absolute deviation of 508.43 and the sum of the absolute errors of 29,998. Lien Stock Forecast is based on your current time horizon.
  
Triple exponential smoothing for Lien Viet - 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 Lien Viet 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 Lien Viet price movement. However, neither of these exponential smoothing models address any seasonality of Lien Viet Post.

Lien Viet Triple Exponential Smoothing Price Forecast For the 8th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Lien Viet Post on the next trading day is expected to be 30,086 with a mean absolute deviation of 508.43, mean absolute percentage error of 1,148,614, and the sum of the absolute errors of 29,998.
Please note that although there have been many attempts to predict Lien 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 Lien Viet's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lien Viet Stock Forecast Pattern

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Lien Viet Forecasted Value

In the context of forecasting Lien Viet'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. Lien Viet's downside and upside margins for the forecasting period are 30,083 and 30,089, respectively. We have considered Lien Viet'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
30,300
30,083
Downside
30,086
Expected Value
30,089
Upside

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 Lien Viet stock data series using in forecasting. Note that when a statistical model is used to represent Lien Viet 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 -260.3368
MADMean absolute deviation508.4337
MAPEMean absolute percentage error0.0169
SAESum of the absolute errors29997.59
As with simple exponential smoothing, in triple exponential smoothing models past Lien Viet 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 Lien Viet Post observations.

Predictive Modules for Lien Viet

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lien Viet Post. 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
30,29730,30030,303
Details
Intrinsic
Valuation
LowRealHigh
25,54325,54633,330
Details

Other Forecasting Options for Lien Viet

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

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

Lien Viet Post 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 Lien Viet'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 Lien Viet's current price.

Lien Viet Market Strength Events

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

Lien Viet Risk Indicators

The analysis of Lien Viet'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 Lien Viet's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lien 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.

Pair Trading with Lien Viet

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 Lien Viet 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 Lien Viet will appreciate offsetting losses from the drop in the long position's value.

Moving against Lien Stock

  0.61AME Alphanam MEPairCorr
  0.43ABT Bentre Aquaproduct ImportPairCorr
  0.34FIT FIT INVEST JSCPairCorr
The ability to find closely correlated positions to Lien Viet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lien Viet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lien Viet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lien Viet Post to buy it.
The correlation of Lien Viet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lien Viet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lien Viet Post moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lien Viet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Lien Stock

Lien Viet financial ratios help investors to determine whether Lien Stock 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 Lien with respect to the benefits of owning Lien Viet security.