Altia Consultores Stock Forecast - Double Exponential Smoothing
| ALC Stock | EUR 4.46 0.20 4.29% |
The Double Exponential Smoothing forecasted value of Altia Consultores SA on the next trading day is expected to be 4.46 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.66. Altia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Altia Consultores stock prices and determine the direction of Altia Consultores SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Altia Consultores' historical fundamentals, such as revenue growth or operating cash flow patterns.
Altia |
Altia Consultores Double Exponential Smoothing Price Forecast For the 23rd of November
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Altia Consultores SA on the next trading day is expected to be 4.46 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.66.Please note that although there have been many attempts to predict Altia 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 Altia Consultores' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Altia Consultores Stock Forecast Pattern
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Altia Consultores Forecasted Value
In the context of forecasting Altia Consultores' 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. Altia Consultores' downside and upside margins for the forecasting period are 2.36 and 6.56, respectively. We have considered Altia Consultores' 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.
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 Altia Consultores stock data series using in forecasting. Note that when a statistical model is used to represent Altia Consultores 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.0024 |
| MAD | Mean absolute deviation | 0.062 |
| MAPE | Mean absolute percentage error | 0.0136 |
| SAE | Sum of the absolute errors | 3.66 |
Predictive Modules for Altia Consultores
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altia Consultores. 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.Other Forecasting Options for Altia Consultores
For every potential investor in Altia, whether a beginner or expert, Altia Consultores' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Altia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Altia. Basic forecasting techniques help filter out the noise by identifying Altia Consultores' price trends.Altia Consultores 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 Altia Consultores stock to make a market-neutral strategy. Peer analysis of Altia Consultores could also be used in its relative valuation, which is a method of valuing Altia Consultores by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Altia Consultores 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 Altia Consultores' 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 Altia Consultores' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Altia Consultores Market Strength Events
Market strength indicators help investors to evaluate how Altia Consultores stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altia Consultores shares will generate the highest return on investment. By undertsting and applying Altia Consultores stock market strength indicators, traders can identify Altia Consultores SA entry and exit signals to maximize returns.
| Accumulation Distribution | 49.8 | |||
| Daily Balance Of Power | (2.00) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 4.51 | |||
| Day Typical Price | 4.49 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | (0.20) |
Altia Consultores Risk Indicators
The analysis of Altia Consultores' 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 Altia Consultores' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting altia 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.
| Mean Deviation | 1.18 | |||
| Semi Deviation | 1.75 | |||
| Standard Deviation | 2.08 | |||
| Variance | 4.34 | |||
| Downside Variance | 13.65 | |||
| Semi Variance | 3.06 | |||
| Expected Short fall | (2.45) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Altia Stock
Altia Consultores financial ratios help investors to determine whether Altia 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 Altia with respect to the benefits of owning Altia Consultores security.