Viet Thanh Stock 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 Viet Thanh works best with periods where there are trends or seasonality.

Viet Thanh Double Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Viet Thanh Plastic on the next trading day is expected to be 17,153 with a mean absolute deviation of 314.18, mean absolute percentage error of 163,951, and the sum of the absolute errors of 18,537.

Viet Thanh Stock Forecast Pattern

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Viet Thanh Price Prediction

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Viet Thanh 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 Viet Thanh stock data series using in forecasting. Note that when a statistical model is used to represent Viet Thanh 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. When Viet Thanh Plastic 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 Viet Thanh Plastic 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 Viet Thanh observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Viet Thanh

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Viet Thanh Plastic. 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 16,998 17,000 17,002 Details

Intrinsic Valuation Low Real High 16,473 16,475 18,700 Details

Bollinger Band Projection (param) Low Middle High 15,158 16,250 17,342 Details

Other Forecasting Options for Viet Thanh

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

Viet Thanh Related Equities

Risk & Return

Correlation

Viet Thanh Plastic 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 Viet Thanh'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 Viet Thanh's current price.

Viet Thanh Market Strength Events

Viet Thanh Risk Indicators

Pair Trading with Viet Thanh

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 Viet Thanh 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 Viet Thanh will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Viet Stock