Seojin System Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Seojin System - 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 Seojin System 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 Seojin System price movement. However, neither of these exponential smoothing models address any seasonality of Seojin System CoLtd.

Seojin System Triple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Seojin System CoLtd on the next trading day is expected to be 27,151 with a mean absolute deviation of 689.75, mean absolute percentage error of 817,465, and the sum of the absolute errors of 40,695.

Seojin System Stock Forecast Pattern

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Seojin System 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 Seojin System stock data series using in forecasting. Note that when a statistical model is used to represent Seojin System 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 Seojin System 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 Seojin System CoLtd observations.

Predictive Modules for Seojin System

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Seojin System 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 27,447 27,450 27,453 Details

Intrinsic Valuation Low Real High 22,624 22,628 30,195 Details

Bollinger Band Projection (param) Low Middle High 26,341 28,194 30,047 Details

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

Other Forecasting Options for Seojin System

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

Seojin System Related Equities

Risk & Return

Correlation

Seojin System 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 Seojin System'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 Seojin System's current price.

Seojin System Market Strength Events

Seojin System Risk Indicators

Pair Trading with Seojin System

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 Seojin System 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 Seojin System will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Seojin Stock