BBVA Telecomunicacion Fund Forecast - Triple Exponential Smoothing

Triple exponential smoothing for BBVA Telecomunicacion - 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 BBVA Telecomunicacion 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 BBVA Telecomunicacion price movement. However, neither of these exponential smoothing models address any seasonality of BBVA Telecomunicaciones.

BBVA Telecomunicacion Triple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of BBVA Telecomunicaciones PP on the next trading day is expected to be 29.29 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.09, and the sum of the absolute errors of 11.77.

BBVA Telecomunicacion Fund Forecast Pattern

Backtest BBVA Telecomunicacion

BBVA Telecomunicacion Price Prediction

Buy or Sell Advice

BBVA Telecomunicacion 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 BBVA Telecomunicacion fund data series using in forecasting. Note that when a statistical model is used to represent BBVA Telecomunicacion fund, 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 BBVA Telecomunicacion 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 BBVA Telecomunicaciones PP observations.

Predictive Modules for BBVA Telecomunicacion

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BBVA Telecomunicaciones. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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 28.22 29.26 30.30 Details

Intrinsic Valuation Low Real High 27.79 28.83 29.87 Details

Bollinger Band Projection (param) Low Middle High 29.17 29.28 29.40 Details

Other Forecasting Options for BBVA Telecomunicacion

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

BBVA Telecomunicacion Related Equities

Risk & Return

Correlation

BBVA Telecomunicaciones Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BBVA Telecomunicacion'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 BBVA Telecomunicacion's current price.

BBVA Telecomunicacion Market Strength Events

BBVA Telecomunicacion Risk Indicators

Currently Active Assets on Macroaxis

Other Information on Investing in BBVA Fund