Sentry Petroleum Stock Forecast - Triple Exponential Smoothing

SPLM Stock  USD 0.0001  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Sentry Petroleum on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Sentry Stock Forecast is based on your current time horizon. Although Sentry Petroleum's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sentry Petroleum's systematic risk associated with finding meaningful patterns of Sentry Petroleum fundamentals over time.
  
At this time, Sentry Petroleum's Other Stockholder Equity is very stable compared to the past year. As of the 23rd of December 2024, Intangible Assets is likely to grow to 8,787, while Total Assets are likely to drop about 925.6 K.
Triple exponential smoothing for Sentry Petroleum - 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 Sentry Petroleum 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 Sentry Petroleum price movement. However, neither of these exponential smoothing models address any seasonality of Sentry Petroleum.

Sentry Petroleum Triple Exponential Smoothing Price Forecast For the 24th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Sentry Petroleum on the next trading day is expected to be 0.0001 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 Sentry 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 Sentry Petroleum's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sentry Petroleum Stock Forecast Pattern

Backtest Sentry PetroleumSentry Petroleum Price PredictionBuy or Sell Advice 

Sentry Petroleum Forecasted Value

In the context of forecasting Sentry Petroleum'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. Sentry Petroleum's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Sentry Petroleum'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
0.0001
0.0001
Downside
0.0001
Expected Value
0.0001
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 Sentry Petroleum stock data series using in forecasting. Note that when a statistical model is used to represent Sentry Petroleum 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
As with simple exponential smoothing, in triple exponential smoothing models past Sentry Petroleum 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 Sentry Petroleum observations.

Predictive Modules for Sentry Petroleum

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sentry Petroleum. 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
0.000.00010.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0000840.00
Details

Other Forecasting Options for Sentry Petroleum

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

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

Sentry Petroleum 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 Sentry Petroleum'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 Sentry Petroleum's current price.

Sentry Petroleum Market Strength Events

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

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When determining whether Sentry Petroleum is a strong investment it is important to analyze Sentry Petroleum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sentry Petroleum's future performance. For an informed investment choice regarding Sentry Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Sentry Petroleum to cross-verify your projections.
To learn how to invest in Sentry Stock, please use our How to Invest in Sentry Petroleum guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sentry Petroleum. If investors know Sentry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sentry Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(1.10)
Return On Equity
(1.84)
The market value of Sentry Petroleum is measured differently than its book value, which is the value of Sentry that is recorded on the company's balance sheet. Investors also form their own opinion of Sentry Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Sentry Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sentry Petroleum's market value can be influenced by many factors that don't directly affect Sentry Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sentry Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sentry Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sentry Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.