Tompkins Financial Stock Forecast - Simple Exponential Smoothing

Tompkins Financial simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Tompkins Financial are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Tompkins Financial prices get older.

Tompkins Financial Simple Exponential Smoothing Price Forecast For the 20th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Tompkins Financial on the next trading day is expected to be 68.96 with a mean absolute deviation of 1.35, mean absolute percentage error of 4.98, and the sum of the absolute errors of 82.08.

Tompkins Financial Stock Forecast Pattern

Backtest Tompkins Financial

Tompkins Financial Price Prediction

Buy or Sell Advice

Tompkins Financial Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Tompkins Financial stock data series using in forecasting. Note that when a statistical model is used to represent Tompkins Financial 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. This simple exponential smoothing model begins by setting Tompkins Financial forecast for the second period equal to the observation of the first period. In other words, recent Tompkins Financial observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Tompkins Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tompkins Financial. 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 Low Estimated High 69.84 73.18 76.52 Details

Intrinsic Valuation Low Real High 60.69 64.03 81.08 Details

1 Analysts Consensus Low Target High 46.41 51.00 56.61 Details

Earnings Estimates (0) Low Projected EPS High 1.17 1.10 1.17 Details

Other Forecasting Options for Tompkins Financial

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

View Tompkins Financial Related Equities

Risk & Return

Correlation

Tompkins Financial 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 Tompkins Financial'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 Tompkins Financial's current price.

Tompkins Financial Market Strength Events

Tompkins Financial Risk Indicators

Pair Trading with Tompkins Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tompkins Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tompkins Financial will appreciate offsetting losses from the drop in the long position's value.

Additional Tools for Tompkins Stock Analysis