Aperam SA Stock Forecast - Triple Exponential Smoothing

Aperam SA Additional Predictive Modules

Most predictive techniques to examine Aperam price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Aperam using various technical indicators. When you analyze Aperam 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 Aperam SA - 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 Aperam SA 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 Aperam SA price movement. However, neither of these exponential smoothing models address any seasonality of Aperam SA.

Aperam SA Triple Exponential Smoothing Price Forecast For the 26th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Aperam SA on the next trading day is expected to be 36.44 with a mean absolute deviation of 0.49, mean absolute percentage error of 0.45, and the sum of the absolute errors of 28.94.

Aperam SA Stock Forecast Pattern

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Aperam SA Forecasted Value

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 Aperam SA stock data series using in forecasting. Note that when a statistical model is used to represent Aperam SA 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. As with simple exponential smoothing, in triple exponential smoothing models past Aperam SA 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 Aperam SA observations.

Predictive Modules for Aperam SA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aperam SA. 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 Low Estimated High 34.44 36.30 38.16 Details

Intrinsic Valuation Low Real High 32.91 34.77 36.63 Details

Bollinger Band Projection (param) Low Middle High 32.46 34.85 37.24 Details

Aperam SA After-Hype Price Prediction Density Analysis

Aperam SA Estimiated After-Hype Price Volatility

Aperam SA Stock Price Prediction Analysis

Aperam SA Hype Timeline

Aperam SA is presently traded for 36.30on Euronext Amsterdam of Netherlands. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Aperam 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 0.21%. %. The volatility of related hype on Aperam SA is about 0.0%, with the expected price after the next announcement by competition of 36.30. About 40.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.67. Some equities with similar Price to Book (P/B) outperform the market in the long run. Aperam SA has Price/Earnings To Growth (PEG) ratio of 0.85. The entity recorded earning per share (EPS) of 13.71. The firm last dividend was issued on the 14th of November 2022. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Aperam SA to cross-verify your projections.

Aperam SA Related Hype Analysis

Other Forecasting Options for Aperam SA

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

Aperam SA Related Equities

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