Softbank Group Pink Sheet Forecast - Double Exponential Smoothing

SFTBF Stock  USD 61.01  1.52  2.43%   
The Double Exponential Smoothing forecasted value of Softbank Group Corp on the next trading day is expected to be 60.82 with a mean absolute deviation of 1.73 and the sum of the absolute errors of 103.90. Softbank Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Softbank Group'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 Softbank Group works best with periods where there are trends or seasonality.

Softbank Group Double Exponential Smoothing Price Forecast For the 14th of February 2025

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Softbank Group Corp on the next trading day is expected to be 60.82 with a mean absolute deviation of 1.73, mean absolute percentage error of 6.02, and the sum of the absolute errors of 103.90.
Please note that although there have been many attempts to predict Softbank Pink Sheet 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 Softbank Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Softbank Group Pink Sheet Forecast Pattern

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JavaScript chart by amCharts 3.21.15Softbank Group Corp Softbank Group Corp forecast
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Softbank Group Forecasted Value

In the context of forecasting Softbank Group's Pink Sheet 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. Softbank Group's downside and upside margins for the forecasting period are 57.14 and 64.50, respectively. We have considered Softbank Group'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
61.01
60.82
Expected Value
64.50
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 Softbank Group pink sheet data series using in forecasting. Note that when a statistical model is used to represent Softbank Group pink sheet, 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 -0.3377
MADMean absolute deviation1.7317
MAPEMean absolute percentage error0.0288
SAESum of the absolute errors103.8999
When Softbank Group Corp 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 Softbank Group Corp 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 Softbank Group observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Softbank Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Softbank Group Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
57.3361.0164.69
Details
Intrinsic
Valuation
LowRealHigh
47.6551.3367.11
Details
Bollinger
Band Projection (param)
LowMiddleHigh
55.5961.9268.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Softbank Group. Your research has to be compared to or analyzed against Softbank Group's peers to derive any actionable benefits. When done correctly, Softbank Group'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 Softbank Group Corp.

Other Forecasting Options for Softbank Group

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

View Softbank Group Related Equities

 Risk & Return  Correlation

Softbank Group Corp Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Softbank Group'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 Softbank Group's current price.

Softbank Group Market Strength Events

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

Softbank Group Risk Indicators

The analysis of Softbank Group'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 Softbank Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting softbank pink sheet 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 Softbank Pink Sheet

Softbank Group financial ratios help investors to determine whether Softbank Pink Sheet 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 Softbank with respect to the benefits of owning Softbank Group security.

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