Adira Dinamika Stock Forecast - Triple Exponential Smoothing

ADMF Stock  IDR 10,275  150.00  1.48%   
The Triple Exponential Smoothing forecasted value of Adira Dinamika Multi on the next trading day is expected to be 10,276 with a mean absolute deviation of 71.11 and the sum of the absolute errors of 4,195. Adira Stock Forecast is based on your current time horizon.
  
Triple exponential smoothing for Adira Dinamika - 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 Adira Dinamika 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 Adira Dinamika price movement. However, neither of these exponential smoothing models address any seasonality of Adira Dinamika Multi.

Adira Dinamika Triple Exponential Smoothing Price Forecast For the 2nd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Adira Dinamika Multi on the next trading day is expected to be 10,276 with a mean absolute deviation of 71.11, mean absolute percentage error of 9,405, and the sum of the absolute errors of 4,195.
Please note that although there have been many attempts to predict Adira 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 Adira Dinamika's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Adira Dinamika Stock Forecast Pattern

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Adira Dinamika Forecasted Value

In the context of forecasting Adira Dinamika'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. Adira Dinamika's downside and upside margins for the forecasting period are 10,275 and 10,277, respectively. We have considered Adira Dinamika'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
10,275
10,275
Downside
10,276
Expected Value
10,277
Upside

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 Adira Dinamika stock data series using in forecasting. Note that when a statistical model is used to represent Adira Dinamika 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 14.5701
MADMean absolute deviation71.109
MAPEMean absolute percentage error0.0066
SAESum of the absolute errors4195.4283
As with simple exponential smoothing, in triple exponential smoothing models past Adira Dinamika 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 Adira Dinamika Multi observations.

Predictive Modules for Adira Dinamika

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Adira Dinamika Multi. 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
10,27410,27510,276
Details
Intrinsic
Valuation
LowRealHigh
10,07910,08011,302
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9,93310,24810,562
Details

Other Forecasting Options for Adira Dinamika

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

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

Adira Dinamika Multi 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 Adira Dinamika'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 Adira Dinamika's current price.

Adira Dinamika Market Strength Events

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

Adira Dinamika Risk Indicators

The analysis of Adira Dinamika'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 Adira Dinamika's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting adira 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 Adira Stock

Adira Dinamika financial ratios help investors to determine whether Adira 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 Adira with respect to the benefits of owning Adira Dinamika security.