American Express Stock Forecast - Simple Exponential Smoothing

American Express Additional Predictive Modules

Most predictive techniques to examine American price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for American using various technical indicators. When you analyze American 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. American Express simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for American Express Co are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as American Express prices get older.

American Express Simple Exponential Smoothing Price Forecast For the 3rd of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of American Express Co on the next trading day is expected to be 37,940 with a mean absolute deviation of 592.33, mean absolute percentage error of 818,924, and the sum of the absolute errors of 35,540.

American Express Stock Forecast Pattern

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American Express Price Prediction

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American Express Forecasted Value

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 American Express stock data series using in forecasting. Note that when a statistical model is used to represent American Express 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. This simple exponential smoothing model begins by setting American Express Co forecast for the second period equal to the observation of the first period. In other words, recent American Express observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for American Express

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Express. 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 37,937 37,940 37,943 Details

Intrinsic Valuation Low Real High 30,712 30,715 41,734 Details

Bollinger Band Projection (param) Low Middle High 35,302 37,730 40,158 Details

Other Forecasting Options for American Express

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

American Express Related Equities

Risk & Return

Correlation

American Express 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 American Express' 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 American Express' current price.

American Express Market Strength Events

American Express 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.

Other Information on Investing in American Stock