Autoneum Holding Stock Forecast - Simple Exponential Smoothing
| AUTN Stock | CHF 170.00 2.00 1.16% |
The Simple Exponential Smoothing forecasted value of Autoneum Holding AG on the next trading day is expected to be 170.00 with a mean absolute deviation of 1.50 and the sum of the absolute errors of 91.80. Autoneum Stock Forecast is based on your current time horizon.
At this time the value of rsi of Autoneum Holding's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Autoneum Holding hype-based prediction, you can estimate the value of Autoneum Holding AG from the perspective of Autoneum Holding response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Autoneum Holding AG on the next trading day is expected to be 170.00 with a mean absolute deviation of 1.50 and the sum of the absolute errors of 91.80. Autoneum Holding after-hype prediction price | CHF 170.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Autoneum |
Autoneum Holding Additional Predictive Modules
Most predictive techniques to examine Autoneum price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Autoneum using various technical indicators. When you analyze Autoneum 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Autoneum Holding Simple Exponential Smoothing Price Forecast For the 8th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Autoneum Holding AG on the next trading day is expected to be 170.00 with a mean absolute deviation of 1.50, mean absolute percentage error of 3.79, and the sum of the absolute errors of 91.80.Please note that although there have been many attempts to predict Autoneum 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 Autoneum Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Autoneum Holding Stock Forecast Pattern
| Backtest Autoneum Holding | Autoneum Holding Price Prediction | Buy or Sell Advice |
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 Autoneum Holding stock data series using in forecasting. Note that when a statistical model is used to represent Autoneum Holding 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 | 119.4424 |
| Bias | Arithmetic mean of the errors | -0.2131 |
| MAD | Mean absolute deviation | 1.5049 |
| MAPE | Mean absolute percentage error | 0.0095 |
| SAE | Sum of the absolute errors | 91.8 |
Predictive Modules for Autoneum Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Autoneum Holding. 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.Autoneum Holding 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 Autoneum Holding stock to make a market-neutral strategy. Peer analysis of Autoneum Holding could also be used in its relative valuation, which is a method of valuing Autoneum Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Autoneum Holding Market Strength Events
Market strength indicators help investors to evaluate how Autoneum Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Autoneum Holding shares will generate the highest return on investment. By undertsting and applying Autoneum Holding stock market strength indicators, traders can identify Autoneum Holding AG entry and exit signals to maximize returns.
| Accumulation Distribution | 170.67 | |||
| Daily Balance Of Power | (0.53) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 169.7 | |||
| Day Typical Price | 169.8 | |||
| Market Facilitation Index | 5.0E-4 | |||
| Price Action Indicator | (0.70) | |||
| Period Momentum Indicator | (2.00) |
Autoneum Holding Risk Indicators
The analysis of Autoneum Holding'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 Autoneum Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting autoneum 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 | 0.9485 | |||
| Semi Deviation | 1.15 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.55 | |||
| Downside Variance | 1.92 | |||
| Semi Variance | 1.32 | |||
| Expected Short fall | (1.01) |
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.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Additional Tools for Autoneum Stock Analysis
When running Autoneum Holding's price analysis, check to measure Autoneum Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Autoneum Holding is operating at the current time. Most of Autoneum Holding's value examination focuses on studying past and present price action to predict the probability of Autoneum Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autoneum Holding's price. Additionally, you may evaluate how the addition of Autoneum Holding to your portfolios can decrease your overall portfolio volatility.