Amadeus IT Pink Sheet Forecast - Triple Exponential Smoothing

AMADF Stock  USD 68.05  3.53  4.93%   
The Triple Exponential Smoothing forecasted value of Amadeus IT Group on the next trading day is expected to be 67.67 with a mean absolute deviation of 1.88 and the sum of the absolute errors of 111.04. Amadeus Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Amadeus IT's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Amadeus IT - 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 Amadeus IT 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 Amadeus IT price movement. However, neither of these exponential smoothing models address any seasonality of Amadeus IT Group.

Amadeus IT Triple Exponential Smoothing Price Forecast For the 27th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Amadeus IT Group on the next trading day is expected to be 67.67 with a mean absolute deviation of 1.88, mean absolute percentage error of 6.59, and the sum of the absolute errors of 111.04.
Please note that although there have been many attempts to predict Amadeus Pink Sheet 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 Amadeus IT's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amadeus IT Pink Sheet Forecast Pattern

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Amadeus IT Forecasted Value

In the context of forecasting Amadeus IT's Pink Sheet 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. Amadeus IT's downside and upside margins for the forecasting period are 64.50 and 70.85, respectively. We have considered Amadeus IT'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
68.05
67.67
Expected Value
70.85
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 Amadeus IT pink sheet data series using in forecasting. Note that when a statistical model is used to represent Amadeus IT pink sheet, 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 -0.2827
MADMean absolute deviation1.882
MAPEMean absolute percentage error0.0264
SAESum of the absolute errors111.0358
As with simple exponential smoothing, in triple exponential smoothing models past Amadeus IT 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 Amadeus IT Group observations.

Predictive Modules for Amadeus IT

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amadeus IT Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amadeus IT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
64.8668.0571.24
Details
Intrinsic
Valuation
LowRealHigh
54.8057.9974.86
Details
Bollinger
Band Projection (param)
LowMiddleHigh
66.6670.6674.65
Details

Other Forecasting Options for Amadeus IT

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

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 Risk & Return  Correlation

Amadeus IT Group Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Amadeus IT'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 Amadeus IT's current price.

Amadeus IT Market Strength Events

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

Amadeus IT Risk Indicators

The analysis of Amadeus IT'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 Amadeus IT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amadeus pink sheet 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 Amadeus Pink Sheet

Amadeus IT financial ratios help investors to determine whether Amadeus Pink Sheet 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 Amadeus with respect to the benefits of owning Amadeus IT security.