49327M3G7 Forecast - Triple Exponential Smoothing

49327M3G7   99.67  0.24  0.24%   
The Triple Exponential Smoothing forecasted value of KEY 47 26 JAN 26 on the next trading day is expected to be 98.48 with a mean absolute deviation of 0.40 and the sum of the absolute errors of 24.12. 49327M3G7 Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 49327M3G7 stock prices and determine the direction of KEY 47 26 JAN 26's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 49327M3G7's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for 49327M3G7 - 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 49327M3G7 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 49327M3G7 price movement. However, neither of these exponential smoothing models address any seasonality of KEY 47 26.

49327M3G7 Triple Exponential Smoothing Price Forecast For the 21st of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of KEY 47 26 JAN 26 on the next trading day is expected to be 98.48 with a mean absolute deviation of 0.40, mean absolute percentage error of 0.78, and the sum of the absolute errors of 24.12.
Please note that although there have been many attempts to predict 49327M3G7 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 49327M3G7's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

49327M3G7 Bond Forecast Pattern

49327M3G7 Forecasted Value

In the context of forecasting 49327M3G7'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. 49327M3G7's downside and upside margins for the forecasting period are 98.11 and 98.86, respectively. We have considered 49327M3G7'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
99.67
98.48
Expected Value
98.86
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 49327M3G7 bond data series using in forecasting. Note that when a statistical model is used to represent 49327M3G7 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 -0.1152
MADMean absolute deviation0.402
MAPEMean absolute percentage error0.0041
SAESum of the absolute errors24.1191
As with simple exponential smoothing, in triple exponential smoothing models past 49327M3G7 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 KEY 47 26 JAN 26 observations.

Predictive Modules for 49327M3G7

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KEY 47 26. 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
99.73100.10100.47
Details
Intrinsic
Valuation
LowRealHigh
98.0998.46110.11
Details
Bollinger
Band Projection (param)
LowMiddleHigh
96.3699.33102.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 49327M3G7. Your research has to be compared to or analyzed against 49327M3G7's peers to derive any actionable benefits. When done correctly, 49327M3G7'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 KEY 47 26.

Other Forecasting Options for 49327M3G7

For every potential investor in 49327M3G7, whether a beginner or expert, 49327M3G7's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 49327M3G7 Bond price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 49327M3G7. Basic forecasting techniques help filter out the noise by identifying 49327M3G7's price trends.

49327M3G7 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 49327M3G7 bond to make a market-neutral strategy. Peer analysis of 49327M3G7 could also be used in its relative valuation, which is a method of valuing 49327M3G7 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

KEY 47 26 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 49327M3G7'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 49327M3G7's current price.

49327M3G7 Market Strength Events

Market strength indicators help investors to evaluate how 49327M3G7 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 49327M3G7 shares will generate the highest return on investment. By undertsting and applying 49327M3G7 bond market strength indicators, traders can identify KEY 47 26 JAN 26 entry and exit signals to maximize returns.

49327M3G7 Risk Indicators

The analysis of 49327M3G7'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 49327M3G7's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 49327m3g7 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 KEY 47 26 JAN 26 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 49327M3G7 Bond

49327M3G7 financial ratios help investors to determine whether 49327M3G7 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 49327M3G7 with respect to the benefits of owning 49327M3G7 security.