Shenzhen Investment Stock Forecast - Triple Exponential Smoothing

SHS Stock  EUR 0.11  0.02  21.55%   
The Triple Exponential Smoothing forecasted value of Shenzhen Investment Limited on the next trading day is expected to be 0.10 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.26. Shenzhen Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Shenzhen Investment's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Shenzhen Investment - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Shenzhen Investment 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 trend in Shenzhen Investment price movement. However, neither of these exponential smoothing models address any seasonality of Shenzhen Investment.

Shenzhen Investment Triple Exponential Smoothing Price Forecast For the 11th of January 2025

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Shenzhen Investment Limited on the next trading day is expected to be 0.10 with a mean absolute deviation of 0, mean absolute percentage error of 0.000045, and the sum of the absolute errors of 0.26.
Please note that although there have been many attempts to predict Shenzhen 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 Shenzhen Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Shenzhen Investment Stock Forecast Pattern

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Shenzhen Investment Forecasted Value

In the context of forecasting Shenzhen Investment'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. Shenzhen Investment's downside and upside margins for the forecasting period are 0 and 6.16, respectively. We have considered Shenzhen Investment'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
0.11
0.10
Expected Value
6.16
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Shenzhen Investment stock data series using in forecasting. Note that when a statistical model is used to represent Shenzhen Investment 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 7.0E-4
MADMean absolute deviation0.0044
MAPEMean absolute percentage error0.0439
SAESum of the absolute errors0.2609
As with simple exponential smoothing, in triple exponential smoothing models past Shenzhen Investment observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Shenzhen Investment Limited observations.

Predictive Modules for Shenzhen Investment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shenzhen Investment. 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
0.010.116.16
Details
Intrinsic
Valuation
LowRealHigh
0.000.096.14
Details

Other Forecasting Options for Shenzhen Investment

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

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

Shenzhen Investment 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 Shenzhen Investment'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 Shenzhen Investment's current price.

Shenzhen Investment Market Strength Events

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

Shenzhen Investment Risk Indicators

The analysis of Shenzhen Investment'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 Shenzhen Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shenzhen 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 Shenzhen Stock

Shenzhen Investment financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Investment security.