Mnc Sky Stock Forecast - Simple Exponential Smoothing

MSKY Stock  IDR 72.00  1.00  1.37%   
The Simple Exponential Smoothing forecasted value of Mnc Sky Vision on the next trading day is expected to be 72.04 with a mean absolute deviation of 2.88 and the sum of the absolute errors of 173.08. Mnc Stock Forecast is based on your current time horizon.
  
Mnc Sky simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Mnc Sky Vision are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Mnc Sky Vision prices get older.

Mnc Sky Simple Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Mnc Sky Vision on the next trading day is expected to be 72.04 with a mean absolute deviation of 2.88, mean absolute percentage error of 16.73, and the sum of the absolute errors of 173.08.
Please note that although there have been many attempts to predict Mnc 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 Mnc Sky's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mnc Sky Stock Forecast Pattern

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Mnc Sky Forecasted Value

In the context of forecasting Mnc Sky'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. Mnc Sky's downside and upside margins for the forecasting period are 67.50 and 76.58, respectively. We have considered Mnc Sky'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
72.00
72.04
Expected Value
76.58
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Mnc Sky stock data series using in forecasting. Note that when a statistical model is used to represent Mnc Sky 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 Criteria119.0898
BiasArithmetic mean of the errors 0.7737
MADMean absolute deviation2.8846
MAPEMean absolute percentage error0.0318
SAESum of the absolute errors173.0785
This simple exponential smoothing model begins by setting Mnc Sky Vision forecast for the second period equal to the observation of the first period. In other words, recent Mnc Sky observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Mnc Sky

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mnc Sky Vision. 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
0.000.004.54
Details
Intrinsic
Valuation
LowRealHigh
0.000.004.54
Details
Bollinger
Band Projection (param)
LowMiddleHigh
62.2979.9697.63
Details

Other Forecasting Options for Mnc Sky

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

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

Mnc Sky Vision 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 Mnc Sky'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 Mnc Sky's current price.

Mnc Sky Market Strength Events

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

Mnc Sky Risk Indicators

The analysis of Mnc Sky'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 Mnc Sky's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mnc 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.

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Other Information on Investing in Mnc Stock

Mnc Sky financial ratios help investors to determine whether Mnc 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 Mnc with respect to the benefits of owning Mnc Sky security.