AMPLITUDE SURGIC Stock Forecast - Simple Exponential Smoothing

1AU Stock  EUR 3.20  0.02  0.63%   
The Simple Exponential Smoothing forecasted value of AMPLITUDE SURGIC EO on the next trading day is expected to be 3.20 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.45. AMPLITUDE Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of AMPLITUDE SURGIC's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
AMPLITUDE SURGIC simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for AMPLITUDE SURGIC EO are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as AMPLITUDE SURGIC prices get older.

AMPLITUDE SURGIC Simple Exponential Smoothing Price Forecast For the 19th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of AMPLITUDE SURGIC EO on the next trading day is expected to be 3.20 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.45.
Please note that although there have been many attempts to predict AMPLITUDE Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that AMPLITUDE SURGIC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AMPLITUDE SURGIC Stock Forecast Pattern

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AMPLITUDE SURGIC Forecasted Value

In the context of forecasting AMPLITUDE SURGIC's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. AMPLITUDE SURGIC's downside and upside margins for the forecasting period are 1.17 and 5.23, respectively. We have considered AMPLITUDE SURGIC's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
3.20
3.20
Expected Value
5.23
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of AMPLITUDE SURGIC stock data series using in forecasting. Note that when a statistical model is used to represent AMPLITUDE SURGIC 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.
AICAkaike Information Criteria110.6822
BiasArithmetic mean of the errors -0.0026
MADMean absolute deviation0.0408
MAPEMean absolute percentage error0.013
SAESum of the absolute errors2.4464
This simple exponential smoothing model begins by setting AMPLITUDE SURGIC EO forecast for the second period equal to the observation of the first period. In other words, recent AMPLITUDE SURGIC observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for AMPLITUDE SURGIC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AMPLITUDE SURGIC. 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
1.173.205.23
Details
Intrinsic
Valuation
LowRealHigh
1.143.175.20
Details

Other Forecasting Options for AMPLITUDE SURGIC

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

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

AMPLITUDE SURGIC 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 AMPLITUDE SURGIC'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 AMPLITUDE SURGIC's current price.

AMPLITUDE SURGIC Market Strength Events

Market strength indicators help investors to evaluate how AMPLITUDE SURGIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AMPLITUDE SURGIC shares will generate the highest return on investment. By undertsting and applying AMPLITUDE SURGIC stock market strength indicators, traders can identify AMPLITUDE SURGIC EO entry and exit signals to maximize returns.

AMPLITUDE SURGIC Risk Indicators

The analysis of AMPLITUDE SURGIC's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in AMPLITUDE SURGIC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amplitude stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Other Information on Investing in AMPLITUDE Stock

AMPLITUDE SURGIC financial ratios help investors to determine whether AMPLITUDE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AMPLITUDE with respect to the benefits of owning AMPLITUDE SURGIC security.