197677AH0 Forecast - Double Exponential Smoothing

197677AH0   115.67  1.83  1.61%   
The Double Exponential Smoothing forecasted value of HCA 75 percent on the next trading day is expected to be 113.19 with a mean absolute deviation of 1.88 and the sum of the absolute errors of 112.59. 197677AH0 Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 197677AH0 stock prices and determine the direction of HCA 75 percent's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 197677AH0's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
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 197677AH0 works best with periods where there are trends or seasonality.

197677AH0 Double Exponential Smoothing Price Forecast For the 2nd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of HCA 75 percent on the next trading day is expected to be 113.19 with a mean absolute deviation of 1.88, mean absolute percentage error of 7.41, and the sum of the absolute errors of 112.59.
Please note that although there have been many attempts to predict 197677AH0 Bond 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 197677AH0's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

197677AH0 Bond Forecast Pattern

Backtest 197677AH0197677AH0 Price PredictionBuy or Sell Advice 

197677AH0 Forecasted Value

In the context of forecasting 197677AH0's Bond 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. 197677AH0's downside and upside margins for the forecasting period are 110.73 and 115.66, respectively. We have considered 197677AH0'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
115.67
110.73
Downside
113.19
Expected Value
115.66
Upside

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 197677AH0 bond data series using in forecasting. Note that when a statistical model is used to represent 197677AH0 bond, 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 0.1183
MADMean absolute deviation1.8765
MAPEMean absolute percentage error0.0169
SAESum of the absolute errors112.5872
When HCA 75 percent 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 HCA 75 percent 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 197677AH0 observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for 197677AH0

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HCA 75 percent. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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
113.21115.67118.13
Details
Intrinsic
Valuation
LowRealHigh
102.39104.85127.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 197677AH0. Your research has to be compared to or analyzed against 197677AH0's peers to derive any actionable benefits. When done correctly, 197677AH0'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 HCA 75 percent.

Other Forecasting Options for 197677AH0

For every potential investor in 197677AH0, whether a beginner or expert, 197677AH0's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 197677AH0 Bond price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 197677AH0. Basic forecasting techniques help filter out the noise by identifying 197677AH0's price trends.

197677AH0 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 197677AH0 bond to make a market-neutral strategy. Peer analysis of 197677AH0 could also be used in its relative valuation, which is a method of valuing 197677AH0 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

HCA 75 percent Technical and Predictive Analytics

The bond market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of 197677AH0'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 197677AH0's current price.

197677AH0 Market Strength Events

Market strength indicators help investors to evaluate how 197677AH0 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 197677AH0 shares will generate the highest return on investment. By undertsting and applying 197677AH0 bond market strength indicators, traders can identify HCA 75 percent entry and exit signals to maximize returns.

197677AH0 Risk Indicators

The analysis of 197677AH0'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 197677AH0's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 197677ah0 bond 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. One of the essential factors to consider when estimating the risk of default for a bond instrument is its duration, which is the bond's price sensitivity to changes in interest rates. The duration of HCA 75 percent bond is primarily affected by its yield, coupon rate, and time to maturity. The duration of a bond will be higher the lower its coupon, lower its yield, and longer the time left to maturity.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in 197677AH0 Bond

197677AH0 financial ratios help investors to determine whether 197677AH0 Bond 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 197677AH0 with respect to the benefits of owning 197677AH0 security.