AG Anadolu Stock Forecast - Simple Exponential Smoothing

AGHOL Stock  TRY 334.00  6.00  1.83%   
The Simple Exponential Smoothing forecasted value of AG Anadolu Group on the next trading day is expected to be 334.00 with a mean absolute deviation of 5.90 and the sum of the absolute errors of 354.25. AGHOL Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of AG Anadolu's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
AG Anadolu simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for AG Anadolu Group are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as AG Anadolu Group prices get older.

AG Anadolu Simple Exponential Smoothing Price Forecast For the 25th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of AG Anadolu Group on the next trading day is expected to be 334.00 with a mean absolute deviation of 5.90, mean absolute percentage error of 61.15, and the sum of the absolute errors of 354.25.
Please note that although there have been many attempts to predict AGHOL 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 AG Anadolu's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AG Anadolu Stock Forecast Pattern

Backtest AG AnadoluAG Anadolu Price PredictionBuy or Sell Advice 

AG Anadolu Forecasted Value

In the context of forecasting AG Anadolu'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. AG Anadolu's downside and upside margins for the forecasting period are 331.49 and 336.51, respectively. We have considered AG Anadolu'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
334.00
331.49
Downside
334.00
Expected Value
336.51
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of AG Anadolu stock data series using in forecasting. Note that when a statistical model is used to represent AG Anadolu 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 Criteria120.3859
BiasArithmetic mean of the errors -0.0625
MADMean absolute deviation5.9042
MAPEMean absolute percentage error0.0188
SAESum of the absolute errors354.25
This simple exponential smoothing model begins by setting AG Anadolu Group forecast for the second period equal to the observation of the first period. In other words, recent AG Anadolu observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for AG Anadolu

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AG Anadolu Group. 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
331.49334.00336.51
Details
Intrinsic
Valuation
LowRealHigh
303.98306.49367.40
Details
Bollinger
Band Projection (param)
LowMiddleHigh
326.34332.00337.66
Details

Other Forecasting Options for AG Anadolu

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

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

AG Anadolu Group 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 AG Anadolu'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 AG Anadolu's current price.

AG Anadolu Market Strength Events

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

AG Anadolu Risk Indicators

The analysis of AG Anadolu'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 AG Anadolu's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aghol 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  

Other Information on Investing in AGHOL Stock

AG Anadolu financial ratios help investors to determine whether AGHOL 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 AGHOL with respect to the benefits of owning AG Anadolu security.