Assicurazioni Generali Pink Sheet Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Assicurazioni Generali - 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 Assicurazioni Generali 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 Assicurazioni Generali price movement. However, neither of these exponential smoothing models address any seasonality of Assicurazioni Generali.

Assicurazioni Generali Triple Exponential Smoothing Price Forecast For the 23rd of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Assicurazioni Generali SpA on the next trading day is expected to be 14.15 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.32.

Assicurazioni Generali Pink Sheet Forecast Pattern

Backtest Assicurazioni Generali

Assicurazioni Generali Price Prediction

Buy or Sell Advice

Assicurazioni Generali 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 Assicurazioni Generali pink sheet data series using in forecasting. Note that when a statistical model is used to represent Assicurazioni Generali 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. As with simple exponential smoothing, in triple exponential smoothing models past Assicurazioni Generali 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 Assicurazioni Generali SpA observations.

Predictive Modules for Assicurazioni Generali

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Assicurazioni Generali. 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.

Hype Prediction Low Estimated High 12.89 14.12 15.35 Details

Intrinsic Valuation Low Real High 10.58 11.81 15.53 Details

Bollinger Band Projection (param) Low Middle High 13.34 13.89 14.44 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Assicurazioni Generali. Your research has to be compared to or analyzed against Assicurazioni Generali's peers to derive any actionable benefits. When done correctly, Assicurazioni Generali's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Assicurazioni Generali.

Other Forecasting Options for Assicurazioni Generali

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

Assicurazioni Generali Related Equities

Risk & Return

Correlation

Assicurazioni Generali 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 Assicurazioni Generali'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 Assicurazioni Generali's current price.

Assicurazioni Generali Market Strength Events

Assicurazioni Generali Risk Indicators

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.

Additional Tools for Assicurazioni Pink Sheet Analysis