Pollux Properti Stock Forecast - Double Exponential Smoothing

POLL Stock   112.00  0.00  0.00%   
The Double Exponential Smoothing forecasted value of Pollux Properti Indonesia on the next trading day is expected to be 112.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Pollux 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 Pollux Properti works best with periods where there are trends or seasonality.

Pollux Properti Double Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Pollux Properti Indonesia on the next trading day is expected to be 112.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Pollux 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 Pollux Properti's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pollux Properti Stock Forecast Pattern

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Pollux Properti Forecasted Value

In the context of forecasting Pollux Properti'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. Pollux Properti's downside and upside margins for the forecasting period are 112.00 and 112.00, respectively. We have considered Pollux Properti'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
112.00
112.00
Downside
112.00
Expected Value
112.00
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 Pollux Properti stock data series using in forecasting. Note that when a statistical model is used to represent Pollux Properti 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 None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
When Pollux Properti Indonesia 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 Pollux Properti Indonesia 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 Pollux Properti observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Pollux Properti

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pollux Properti Indonesia. 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
112.00112.00112.00
Details
Intrinsic
Valuation
LowRealHigh
112.00112.00112.00
Details

Other Forecasting Options for Pollux Properti

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

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

Pollux Properti Indonesia 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 Pollux Properti'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 Pollux Properti's current price.

Pollux Properti Market Strength Events

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

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Other Information on Investing in Pollux Stock

Pollux Properti financial ratios help investors to determine whether Pollux 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 Pollux with respect to the benefits of owning Pollux Properti security.