SNC Lavalin Pink Sheet Forecast - Double Exponential Smoothing

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 SNC Lavalin works best with periods where there are trends or seasonality.

SNC Lavalin Double Exponential Smoothing Price Forecast For the 11th of January 2025

Given 90 days horizon, the Double Exponential Smoothing forecasted value of SNC Lavalin Group on the next trading day is expected to be 50.20 with a mean absolute deviation of 0.79, mean absolute percentage error of 1.80, and the sum of the absolute errors of 46.59.

SNC Lavalin Pink Sheet Forecast Pattern

Backtest SNC Lavalin

SNC Lavalin Price Prediction

Buy or Sell Advice

SNC Lavalin Forecasted Value

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 SNC Lavalin pink sheet data series using in forecasting. Note that when a statistical model is used to represent SNC Lavalin 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. When SNC Lavalin Group 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 SNC Lavalin Group 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 SNC Lavalin observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for SNC Lavalin

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SNC Lavalin Group. 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 Low Estimated High 47.75 50.37 52.99 Details

Intrinsic Valuation Low Real High 45.33 58.98 61.60 Details

Bollinger Band Projection (param) Low Middle High 50.38 51.89 53.40 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as SNC Lavalin. Your research has to be compared to or analyzed against SNC Lavalin's peers to derive any actionable benefits. When done correctly, SNC Lavalin'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 SNC Lavalin Group.

Other Forecasting Options for SNC Lavalin

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

SNC Lavalin Related Equities

Risk & Return

Correlation

SNC Lavalin Group 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 SNC Lavalin'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 SNC Lavalin's current price.

SNC Lavalin Market Strength Events

SNC Lavalin Risk Indicators

Currently Active Assets on Macroaxis

Other Information on Investing in SNC Pink Sheet