BANK OF CHINA -H- - Dusse Stock Forecast - Simple Exponential Smoothing

BANK OF CHINA -H- - Dusse 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 BANK OF CHINA are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as BANK OF CHINA -H- - Dusse prices get older.

BANK OF CHINA -H- - Dusse Simple Exponential Smoothing Price Forecast For the 9th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of BANK OF CHINA on the next trading day is expected to be 0.49 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000064, and the sum of the absolute errors of 0.40.

BANK OF CHINA -H- - Dusse Stock Forecast Pattern

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BANK OF CHINA -H- - Dusse Price Prediction

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BANK OF CHINA -H- - Dusse 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 BANK OF CHINA -H- - Dusse stock data series using in forecasting. Note that when a statistical model is used to represent BANK OF CHINA -H- - Dusse 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 BANK OF CHINA forecast for the second period equal to the observation of the first period. In other words, recent BANK OF CHINA -H- - Dusse observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for BANK OF CHINA -H- - Dusse

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BANK OF CHINA -H- - Dusse. 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 0.02 0.49 2.45 Details

Intrinsic Valuation Low Real High 0.02 0.50 2.46 Details

Other Forecasting Options for BANK OF CHINA -H- - Dusse

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

BANK OF CHINA -H- - Dusse Related Equities

Risk & Return

Correlation

BANK OF CHINA -H- - Dusse 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 BANK OF CHINA -H- - Dusse'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 BANK OF CHINA -H- - Dusse's current price.

BANK OF CHINA -H- - Dusse Market Strength Events

BANK OF CHINA -H- - Dusse Risk Indicators

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