SS TECH Stock Forecast - Triple Exponential Smoothing

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

SS TECH Triple Exponential Smoothing Price Forecast For the 28th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of SS TECH on the next trading day is expected to be 31,124 with a mean absolute deviation of 665.25, mean absolute percentage error of 706,070, and the sum of the absolute errors of 39,250.

SS TECH Stock Forecast Pattern

Backtest SS TECH

SS TECH Price Prediction

Buy or Sell Advice

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

Predictive Modules for SS TECH

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SS TECH. 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 30,897 30,900 30,903 Details

Intrinsic Valuation Low Real High 23,453 23,456 33,990 Details

Bollinger Band Projection (param) Low Middle High 30,900 30,900 30,900 Details

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

Other Forecasting Options for SS TECH

For every potential investor in 101490, whether a beginner or expert, SS TECH's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 101490 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 101490. Basic forecasting techniques help filter out the noise by identifying SS TECH's price trends.

SS TECH Related Equities

Risk & Return

Correlation

SS TECH 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 SS TECH'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 SS TECH's current price.

SS TECH Market Strength Events

SS TECH Risk Indicators

Other Information on Investing in 101490 Stock