Malteries Franco Stock Forecast - Double Exponential Smoothing

MALT Stock  EUR 730.00  10.00  1.35%   
The Double Exponential Smoothing forecasted value of Malteries Franco Belges Socit on the next trading day is expected to be 731.81 with a mean absolute deviation of 7.24 and the sum of the absolute errors of 427.12. Malteries Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Malteries Franco stock prices and determine the direction of Malteries Franco Belges Socit's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Malteries Franco's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
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 Malteries Franco works best with periods where there are trends or seasonality.

Malteries Franco Double Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Malteries Franco Belges Socit on the next trading day is expected to be 731.81 with a mean absolute deviation of 7.24, mean absolute percentage error of 98.66, and the sum of the absolute errors of 427.12.
Please note that although there have been many attempts to predict Malteries 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 Malteries Franco's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Malteries Franco Stock Forecast Pattern

Backtest Malteries FrancoMalteries Franco Price PredictionBuy or Sell Advice 

Malteries Franco Forecasted Value

In the context of forecasting Malteries Franco'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. Malteries Franco's downside and upside margins for the forecasting period are 730.37 and 733.24, respectively. We have considered Malteries Franco'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
730.00
730.37
Downside
731.81
Expected Value
733.24
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 Malteries Franco stock data series using in forecasting. Note that when a statistical model is used to represent Malteries Franco 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 1.5348
MADMean absolute deviation7.2393
MAPEMean absolute percentage error0.0106
SAESum of the absolute errors427.1186
When Malteries Franco Belges Socit 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 Malteries Franco Belges Socit 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 Malteries Franco observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Malteries Franco

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Malteries Franco Belges. 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
728.57730.00731.43
Details
Intrinsic
Valuation
LowRealHigh
657.00783.94785.37
Details
Bollinger
Band Projection (param)
LowMiddleHigh
654.59712.78770.97
Details

Other Forecasting Options for Malteries Franco

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

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

Malteries Franco Belges 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 Malteries Franco'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 Malteries Franco's current price.

Malteries Franco Market Strength Events

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

Malteries Franco Risk Indicators

The analysis of Malteries Franco'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 Malteries Franco's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting malteries 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.

Other Information on Investing in Malteries Stock

Malteries Franco financial ratios help investors to determine whether Malteries 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 Malteries with respect to the benefits of owning Malteries Franco security.