CHINA SOUTHN Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for CHINA SOUTHN - 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 CHINA SOUTHN 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 CHINA SOUTHN price movement. However, neither of these exponential smoothing models address any seasonality of CHINA SOUTHN AIR.

CHINA SOUTHN Triple Exponential Smoothing Price Forecast For the 29th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of CHINA SOUTHN AIR H on the next trading day is expected to be 0.52 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.75.

CHINA SOUTHN Stock Forecast Pattern

CHINA SOUTHN Forecasted Value

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 CHINA SOUTHN stock data series using in forecasting. Note that when a statistical model is used to represent CHINA SOUTHN 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. As with simple exponential smoothing, in triple exponential smoothing models past CHINA SOUTHN 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 CHINA SOUTHN AIR H observations.

Predictive Modules for CHINA SOUTHN

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHINA SOUTHN AIR. 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.

Other Forecasting Options for CHINA SOUTHN

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

CHINA SOUTHN Related Equities

Risk & Return

Correlation

CHINA SOUTHN AIR 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 CHINA SOUTHN'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 CHINA SOUTHN's current price.

CHINA SOUTHN Market Strength Events

CHINA SOUTHN Risk Indicators

Additional Tools for CHINA Stock Analysis