Stic Investments Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Stic Investments - 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 Stic Investments 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 Stic Investments price movement. However, neither of these exponential smoothing models address any seasonality of Stic Investments.

Stic Investments Triple Exponential Smoothing Price Forecast For the 24th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Stic Investments on the next trading day is expected to be 7,800 with a mean absolute deviation of 142.01, mean absolute percentage error of 40,390, and the sum of the absolute errors of 8,520.

Stic Investments Stock Forecast Pattern

Backtest Stic Investments

Stic Investments Price Prediction

Buy or Sell Advice

Stic Investments 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 Stic Investments stock data series using in forecasting. Note that when a statistical model is used to represent Stic Investments 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 Stic Investments 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 Stic Investments observations.

Predictive Modules for Stic Investments

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stic Investments. 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 7,798 7,800 7,802 Details

Intrinsic Valuation Low Real High 6,640 6,642 8,580 Details

Bollinger Band Projection (param) Low Middle High 7,334 7,916 8,497 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Stic Investments. Your research has to be compared to or analyzed against Stic Investments' peers to derive any actionable benefits. When done correctly, Stic Investments' 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 Stic Investments.

Other Forecasting Options for Stic Investments

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

Stic Investments Related Equities

Risk & Return

Correlation

Stic Investments 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 Stic Investments' 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 Stic Investments' current price.

Stic Investments Market Strength Events

Stic Investments Risk Indicators

Pair Trading with Stic Investments

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 Stic Investments 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 Stic Investments will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Stic Stock