Markor International Stock Forecast - Triple Exponential Smoothing

600337 Stock   1.60  0.03  1.84%   
The Triple Exponential Smoothing forecasted value of Markor International Home on the next trading day is expected to be 1.59 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.10. Markor Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Markor International stock prices and determine the direction of Markor International Home's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Markor International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Markor International's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 4.3 B, whereas Other Current Liabilities is forecasted to decline to about 4.8 M.
Triple exponential smoothing for Markor International - 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 Markor International 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 Markor International price movement. However, neither of these exponential smoothing models address any seasonality of Markor International Home.

Markor International Triple Exponential Smoothing Price Forecast For the 6th of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Markor International Home on the next trading day is expected to be 1.59 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.10.
Please note that although there have been many attempts to predict Markor 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 Markor International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Markor International Stock Forecast Pattern

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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 Markor International stock data series using in forecasting. Note that when a statistical model is used to represent Markor International 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0135
MADMean absolute deviation0.0694
MAPEMean absolute percentage error0.0326
SAESum of the absolute errors4.0953
As with simple exponential smoothing, in triple exponential smoothing models past Markor International 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 Markor International Home observations.

Predictive Modules for Markor International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Markor International Home. 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
0.081.565.72
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Intrinsic
Valuation
LowRealHigh
0.081.605.76
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Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Markor International. Your research has to be compared to or analyzed against Markor International's peers to derive any actionable benefits. When done correctly, Markor International'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 Markor International Home.

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

Markor International Market Strength Events

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

Markor International Risk Indicators

The analysis of Markor International'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 Markor International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting markor 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 Markor Stock

Markor International financial ratios help investors to determine whether Markor 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 Markor with respect to the benefits of owning Markor International security.