American Assets Stock Forecast - Double Exponential Smoothing

AAT Stock  USD 28.29  0.21  0.75%   
The Double Exponential Smoothing forecasted value of American Assets Trust on the next trading day is expected to be 28.37 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.90. American 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 American Assets works best with periods where there are trends or seasonality.

American Assets Double Exponential Smoothing Price Forecast For the 27th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of American Assets Trust on the next trading day is expected to be 28.37 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.13, and the sum of the absolute errors of 16.90.
Please note that although there have been many attempts to predict American 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 American Assets' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

American Assets Stock Forecast Pattern

Backtest American AssetsAmerican Assets Price PredictionBuy or Sell Advice 

American Assets Forecasted Value

In the context of forecasting American Assets' 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. American Assets' downside and upside margins for the forecasting period are 27.12 and 29.62, respectively. We have considered American Assets' 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
28.29
28.37
Expected Value
29.62
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of American Assets stock data series using in forecasting. Note that when a statistical model is used to represent American Assets 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 -0.0567
MADMean absolute deviation0.2817
MAPEMean absolute percentage error0.0104
SAESum of the absolute errors16.9045
When American Assets Trust 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 American Assets Trust 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 American Assets observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for American Assets

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Assets Trust. 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
27.0428.2829.52
Details
Intrinsic
Valuation
LowRealHigh
23.5624.8031.12
Details
Bollinger
Band Projection (param)
LowMiddleHigh
26.8427.6528.45
Details
3 Analysts
Consensus
LowTargetHigh
20.0222.0024.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Assets. Your research has to be compared to or analyzed against American Assets' peers to derive any actionable benefits. When done correctly, American Assets' 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 American Assets Trust.

Other Forecasting Options for American Assets

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

View American Assets Related Equities

 Risk & Return  Correlation

American Assets Trust 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 American Assets' 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 American Assets' current price.

American Assets Market Strength Events

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

American Assets Risk Indicators

The analysis of American Assets' 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 American Assets' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for American Stock Analysis

When running American Assets' price analysis, check to measure American Assets' 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 American Assets is operating at the current time. Most of American Assets' value examination focuses on studying past and present price action to predict the probability of American Assets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Assets' price. Additionally, you may evaluate how the addition of American Assets to your portfolios can decrease your overall portfolio volatility.