Aminologics CoLtd Stock Forecast - Double Exponential Smoothing

Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Aminologics CoLtd works best with periods where there are trends or seasonality.

Aminologics CoLtd Double Exponential Smoothing Price Forecast For the 24th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Aminologics CoLtd on the next trading day is expected to be 1,005 with a mean absolute deviation of 17.25, mean absolute percentage error of 598.37, and the sum of the absolute errors of 1,018.

Aminologics CoLtd Stock Forecast Pattern

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Aminologics CoLtd Price Prediction

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Aminologics CoLtd Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Aminologics CoLtd stock data series using in forecasting. Note that when a statistical model is used to represent Aminologics CoLtd 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. When Aminologics CoLtd 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 Aminologics CoLtd trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Aminologics CoLtd observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Aminologics CoLtd

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aminologics CoLtd. 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 1,009 1,011 1,013 Details

Intrinsic Valuation Low Real High 889.95 892.04 1,112 Details

Bollinger Band Projection (param) Low Middle High 1,007 1,013 1,020 Details

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

Other Forecasting Options for Aminologics CoLtd

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

Aminologics CoLtd Related Equities

Risk & Return

Correlation

Aminologics CoLtd 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 Aminologics CoLtd'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 Aminologics CoLtd's current price.

Aminologics CoLtd Market Strength Events

Aminologics CoLtd Risk Indicators

Pair Trading with Aminologics CoLtd

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 Aminologics CoLtd 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 Aminologics CoLtd will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Aminologics Stock