Yanzhou Coal Stock Forecast - Simple Exponential Smoothing

YZCA Stock  EUR 1.09  0.02  1.87%   
The Simple Exponential Smoothing forecasted value of Yanzhou Coal Mining on the next trading day is expected to be 1.09 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.55. Yanzhou Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Yanzhou Coal's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Yanzhou Coal 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 Yanzhou Coal Mining are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Yanzhou Coal Mining prices get older.

Yanzhou Coal Simple Exponential Smoothing Price Forecast For the 5th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Yanzhou Coal Mining on the next trading day is expected to be 1.09 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.55.
Please note that although there have been many attempts to predict Yanzhou Stock 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 Yanzhou Coal's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Yanzhou Coal Stock Forecast Pattern

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Yanzhou Coal Forecasted Value

In the context of forecasting Yanzhou Coal's Stock 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. Yanzhou Coal's downside and upside margins for the forecasting period are 0.01 and 5.28, respectively. We have considered Yanzhou Coal'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
1.09
1.09
Expected Value
5.28
Upside

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 Yanzhou Coal stock data series using in forecasting. Note that when a statistical model is used to represent Yanzhou Coal 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.
AICAkaike Information Criteria109.9292
BiasArithmetic mean of the errors -0.0045
MADMean absolute deviation0.0258
MAPEMean absolute percentage error0.0253
SAESum of the absolute errors1.55
This simple exponential smoothing model begins by setting Yanzhou Coal Mining forecast for the second period equal to the observation of the first period. In other words, recent Yanzhou Coal observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Yanzhou Coal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yanzhou Coal Mining. 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
LowEstimatedHigh
0.051.095.28
Details
Intrinsic
Valuation
LowRealHigh
0.051.005.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Yanzhou Coal. Your research has to be compared to or analyzed against Yanzhou Coal's peers to derive any actionable benefits. When done correctly, Yanzhou Coal'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 Yanzhou Coal Mining.

Other Forecasting Options for Yanzhou Coal

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

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

Yanzhou Coal Mining 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 Yanzhou Coal'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 Yanzhou Coal's current price.

Yanzhou Coal Market Strength Events

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

Yanzhou Coal Risk Indicators

The analysis of Yanzhou Coal'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 Yanzhou Coal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yanzhou stock 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.
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.

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Other Information on Investing in Yanzhou Stock

Yanzhou Coal financial ratios help investors to determine whether Yanzhou Stock 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 Yanzhou with respect to the benefits of owning Yanzhou Coal security.