LVMH Moët Stock Forecast - Double Exponential Smoothing

MOHF Stock  EUR 124.00  1.00  0.81%   
The Double Exponential Smoothing forecasted value of LVMH Mot Hennessy on the next trading day is expected to be 124.06 with a mean absolute deviation of 2.13 and the sum of the absolute errors of 125.66. LVMH Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of LVMH Moët'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 LVMH Moët works best with periods where there are trends or seasonality.

LVMH Moët Double Exponential Smoothing Price Forecast For the 23rd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of LVMH Mot Hennessy on the next trading day is expected to be 124.06 with a mean absolute deviation of 2.13, mean absolute percentage error of 8.51, and the sum of the absolute errors of 125.66.
Please note that although there have been many attempts to predict LVMH 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 LVMH Moët's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

LVMH Moët Stock Forecast Pattern

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LVMH Moët Forecasted Value

In the context of forecasting LVMH Moët'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. LVMH Moët's downside and upside margins for the forecasting period are 121.31 and 126.82, respectively. We have considered LVMH Moët'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
124.00
121.31
Downside
124.06
Expected Value
126.82
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 LVMH Moët stock data series using in forecasting. Note that when a statistical model is used to represent LVMH Moët 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 -0.4776
MADMean absolute deviation2.1298
MAPEMean absolute percentage error0.0175
SAESum of the absolute errors125.659
When LVMH Mot Hennessy 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 LVMH Mot Hennessy 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 LVMH Moët observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for LVMH Moët

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LVMH Mot Hennessy. 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
121.24124.00126.76
Details
Intrinsic
Valuation
LowRealHigh
121.11123.87126.63
Details
Bollinger
Band Projection (param)
LowMiddleHigh
114.56123.32132.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LVMH Moët. Your research has to be compared to or analyzed against LVMH Moët's peers to derive any actionable benefits. When done correctly, LVMH Moët'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 LVMH Mot Hennessy.

Other Forecasting Options for LVMH Moët

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

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

LVMH Mot Hennessy 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 LVMH Moët'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 LVMH Moët's current price.

LVMH Moët Market Strength Events

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

LVMH Moët Risk Indicators

The analysis of LVMH Moët'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 LVMH Moët's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lvmh 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.

Currently Active Assets on Macroaxis

Other Information on Investing in LVMH Stock

LVMH Moët financial ratios help investors to determine whether LVMH 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 LVMH with respect to the benefits of owning LVMH Moët security.