Adhi Commuter Stock Forecast - Double Exponential Smoothing

ADCP Stock   50.00  0.00  0.00%   
The Double Exponential Smoothing forecasted value of Adhi Commuter Properti on the next trading day is expected to be 50.00 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 12.62. Adhi 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 Adhi Commuter works best with periods where there are trends or seasonality.

Adhi Commuter Double Exponential Smoothing Price Forecast For the 29th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Adhi Commuter Properti on the next trading day is expected to be 50.00 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.13, and the sum of the absolute errors of 12.62.
Please note that although there have been many attempts to predict Adhi 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 Adhi Commuter's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Adhi Commuter Stock Forecast Pattern

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Adhi Commuter Forecasted Value

In the context of forecasting Adhi Commuter'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. Adhi Commuter's downside and upside margins for the forecasting period are 49.13 and 50.87, respectively. We have considered Adhi Commuter'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
50.00
50.00
Expected Value
50.87
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 Adhi Commuter stock data series using in forecasting. Note that when a statistical model is used to represent Adhi Commuter 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 0.0412
MADMean absolute deviation0.2139
MAPEMean absolute percentage error0.0042
SAESum of the absolute errors12.6225
When Adhi Commuter Properti 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 Adhi Commuter Properti 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 Adhi Commuter observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Adhi Commuter

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Adhi Commuter Properti. 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
49.1350.0050.87
Details
Intrinsic
Valuation
LowRealHigh
45.8646.7355.00
Details

Other Forecasting Options for Adhi Commuter

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

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

Adhi Commuter Properti 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 Adhi Commuter'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 Adhi Commuter's current price.

Adhi Commuter Market Strength Events

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

Adhi Commuter Risk Indicators

The analysis of Adhi Commuter'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 Adhi Commuter's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting adhi 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.

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Other Information on Investing in Adhi Stock

Adhi Commuter financial ratios help investors to determine whether Adhi 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 Adhi with respect to the benefits of owning Adhi Commuter security.