Lucky Cement Stock Forecast - Double Exponential Smoothing

Lucky Stock Forecast is based on your current time horizon.
  
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 Lucky Cement works best with periods where there are trends or seasonality.
When Lucky Cement Co 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 Lucky Cement Co 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 Lucky Cement observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Lucky Cement

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lucky Cement. 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
LowEstimatedHigh
13.5714.5015.43
Details
Intrinsic
Valuation
LowRealHigh
12.6913.6214.55
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.3914.4914.60
Details

Lucky Cement 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 Lucky Cement stock to make a market-neutral strategy. Peer analysis of Lucky Cement could also be used in its relative valuation, which is a method of valuing Lucky Cement by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Lucky Stock Analysis

When running Lucky Cement's price analysis, check to measure Lucky Cement's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lucky Cement is operating at the current time. Most of Lucky Cement's value examination focuses on studying past and present price action to predict the probability of Lucky Cement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucky Cement's price. Additionally, you may evaluate how the addition of Lucky Cement to your portfolios can decrease your overall portfolio volatility.