Value Added Stock Forecast - Triple Exponential Smoothing
| 043150 Stock | KRW 20,000 400.00 1.96% |
The Triple Exponential Smoothing forecasted value of Value Added Technology on the next trading day is expected to be 19,901 with a mean absolute deviation of 309.86 and the sum of the absolute errors of 18,282. Value Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Value Added stock prices and determine the direction of Value Added Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Value Added's historical fundamentals, such as revenue growth or operating cash flow patterns.
Value |
Value Added Triple Exponential Smoothing Price Forecast For the 4th of December
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Value Added Technology on the next trading day is expected to be 19,901 with a mean absolute deviation of 309.86, mean absolute percentage error of 161,478, and the sum of the absolute errors of 18,282.Please note that although there have been many attempts to predict Value 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 Value Added's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Value Added Stock Forecast Pattern
| Backtest Value Added | Value Added Price Prediction | Buy or Sell Advice |
Value Added Forecasted Value
In the context of forecasting Value Added'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. Value Added's downside and upside margins for the forecasting period are 19,900 and 19,903, respectively. We have considered Value Added'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.
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 Value Added stock data series using in forecasting. Note that when a statistical model is used to represent Value Added 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -36.9322 |
| MAD | Mean absolute deviation | 309.8583 |
| MAPE | Mean absolute percentage error | 0.0138 |
| SAE | Sum of the absolute errors | 18281.6425 |
Predictive Modules for Value Added
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Value Added Technology. 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 Value Added
For every potential investor in Value, whether a beginner or expert, Value Added's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Value Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Value. Basic forecasting techniques help filter out the noise by identifying Value Added's price trends.Value Added 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 Value Added stock to make a market-neutral strategy. Peer analysis of Value Added could also be used in its relative valuation, which is a method of valuing Value Added by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Value Added Technology 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 Value Added'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 Value Added's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Value Added Market Strength Events
Market strength indicators help investors to evaluate how Value Added stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Value Added shares will generate the highest return on investment. By undertsting and applying Value Added stock market strength indicators, traders can identify Value Added Technology entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0244 | |||
| Daily Balance Of Power | (0.80) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 20250.0 | |||
| Day Typical Price | 20166.67 | |||
| Market Facilitation Index | 500.0 | |||
| Price Action Indicator | (450.00) | |||
| Period Momentum Indicator | (400.00) |
Value Added Risk Indicators
The analysis of Value Added'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 Value Added's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting value 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.
| Mean Deviation | 1.16 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.6 |
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.
Other Information on Investing in Value Stock
Value Added financial ratios help investors to determine whether Value 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 Value with respect to the benefits of owning Value Added security.