Sileon AB Stock Forecast - Triple Exponential Smoothing

SILEON Stock   5.40  0.05  0.92%   
The Triple Exponential Smoothing forecasted value of Sileon AB on the next trading day is expected to be 5.08 with a mean absolute deviation of 0.60 and the sum of the absolute errors of 36.00. Sileon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sileon AB stock prices and determine the direction of Sileon AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sileon AB's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Sileon AB - 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 Sileon AB 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 Sileon AB price movement. However, neither of these exponential smoothing models address any seasonality of Sileon AB.

Sileon AB Triple Exponential Smoothing Price Forecast For the 4th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Sileon AB on the next trading day is expected to be 5.08 with a mean absolute deviation of 0.60, mean absolute percentage error of 0.79, and the sum of the absolute errors of 36.00.
Please note that although there have been many attempts to predict Sileon 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 Sileon AB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sileon AB Stock Forecast Pattern

JavaScript chart by amCharts 3.21.15Oct 11Oct 21Oct 29Nov 6Nov 14Nov 22Dec 2Dec 10Dec 18Jan 24681012141618
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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 Sileon AB stock data series using in forecasting. Note that when a statistical model is used to represent Sileon AB 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 0.1085
MADMean absolute deviation0.6
MAPEMean absolute percentage error0.0501
SAESum of the absolute errors36.0008
As with simple exponential smoothing, in triple exponential smoothing models past Sileon AB 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 Sileon AB observations.

Predictive Modules for Sileon AB

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sileon AB. 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
0.275.4011.42
Details
Intrinsic
Valuation
LowRealHigh
0.265.1811.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
4.658.2011.76
Details

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

Sileon AB Market Strength Events

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

Sileon AB Risk Indicators

The analysis of Sileon AB'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 Sileon AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sileon 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Sileon Stock

Sileon AB financial ratios help investors to determine whether Sileon 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 Sileon with respect to the benefits of owning Sileon AB security.