Aferian PLC Stock Forward View - Triple Exponential Smoothing

AFRN Stock   0.33  0.05  13.16%   
Aferian Stock outlook is based on your current time horizon.
At the present time the relative strength momentum indicator of Aferian PLC's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Aferian PLC's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Aferian PLC and does not consider all of the tangible or intangible factors available from Aferian PLC's fundamental data. We analyze noise-free headlines and recent hype associated with Aferian PLC, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Aferian PLC's stock price prediction:
Quarterly Earnings Growth
0.906
EPS Estimate Current Year
0.0007
EPS Estimate Next Year
0.0168
Wall Street Target Price
0.26
Quarterly Revenue Growth
0.367
Using Aferian PLC hype-based prediction, you can estimate the value of Aferian PLC from the perspective of Aferian PLC response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Aferian PLC on the next trading day is expected to be 0.30 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.83.

Aferian PLC after-hype prediction price

    
  GBX 0.33  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Aferian PLC to cross-verify your projections.

Aferian PLC Additional Predictive Modules

Most predictive techniques to examine Aferian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Aferian using various technical indicators. When you analyze Aferian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Triple exponential smoothing for Aferian PLC - 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 Aferian PLC 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 Aferian PLC price movement. However, neither of these exponential smoothing models address any seasonality of Aferian PLC.

Aferian PLC Triple Exponential Smoothing Price Forecast For the 19th of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Aferian PLC on the next trading day is expected to be 0.30 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.83.
Please note that although there have been many attempts to predict Aferian Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Aferian PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aferian PLC Stock Forecast Pattern

Backtest Aferian PLC  Aferian PLC Price Prediction  Research Analysis  

Aferian PLC Forecasted Value

In the context of forecasting Aferian PLC'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. Aferian PLC's downside and upside margins for the forecasting period are 0 and 8.95, respectively. We have considered Aferian PLC'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
0.33
0.30
Expected Value
8.95
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 Aferian PLC stock data series using in forecasting. Note that when a statistical model is used to represent Aferian PLC 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 -0.0022
MADMean absolute deviation0.0472
MAPEMean absolute percentage error0.0518
SAESum of the absolute errors2.83
As with simple exponential smoothing, in triple exponential smoothing models past Aferian PLC 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 Aferian PLC observations.

Predictive Modules for Aferian PLC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aferian PLC. 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
0.020.338.92
Details
Intrinsic
Valuation
LowRealHigh
0.020.328.91
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.010.010.01
Details

Aferian PLC After-Hype Price Density Analysis

As far as predicting the price of Aferian PLC at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Aferian PLC or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Aferian PLC, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Aferian PLC Estimiated After-Hype Price Volatility

In the context of predicting Aferian PLC's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Aferian PLC's historical news coverage. Aferian PLC's after-hype downside and upside margins for the prediction period are 0.02 and 8.92, respectively. We have considered Aferian PLC's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.33
0.33
After-hype Price
8.92
Upside
Aferian PLC is out of control at this time. Analysis and calculation of next after-hype price of Aferian PLC is based on 3 months time horizon.

Aferian PLC Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Aferian PLC is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Aferian PLC backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Aferian PLC, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  2.29 
8.65
 0.00  
  0.07 
5 Events / Month
1 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.33
0.33
0.00 
0.00  
Notes

Aferian PLC Hype Timeline

Aferian PLC is presently traded for 0.33on London Exchange of UK. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.07. Aferian is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is presently at -2.29%. %. The volatility of related hype on Aferian PLC is about 27522.73%, with the expected price after the next announcement by competition of 0.40. About 27.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.09. Some equities with similar Price to Book (P/B) outperform the market in the long run. Aferian PLC recorded a loss per share of 0.04. The entity last dividend was issued on the 1st of September 2022. Assuming the 90 days trading horizon the next projected press release will be in about 5 days.
Check out Historical Fundamental Analysis of Aferian PLC to cross-verify your projections.

Aferian PLC Related Hype Analysis

Having access to credible news sources related to Aferian PLC's direct competition is more important than ever and may enhance your ability to predict Aferian PLC's future price movements. Getting to know how Aferian PLC's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Aferian PLC may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Aferian PLC

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

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

Aferian PLC Market Strength Events

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

Aferian PLC Risk Indicators

The analysis of Aferian PLC'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 Aferian PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aferian 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.

Story Coverage note for Aferian PLC

The number of cover stories for Aferian PLC depends on current market conditions and Aferian PLC's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Aferian PLC is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Aferian PLC's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Aferian PLC Short Properties

Aferian PLC's future price predictability will typically decrease when Aferian PLC's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Aferian PLC often depends not only on the future outlook of the potential Aferian PLC's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Aferian PLC's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding114 M
Cash And Short Term Investments2.3 M

Additional Tools for Aferian Stock Analysis

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