Belden Stock Forecast - Triple Exponential Smoothing

BDC Stock  USD 122.88  2.24  1.86%   
The Triple Exponential Smoothing forecasted value of Belden Inc on the next trading day is expected to be 123.12 with a mean absolute deviation of 1.77 and the sum of the absolute errors of 104.19. Belden Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Belden stock prices and determine the direction of Belden Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Belden's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Asset Turnover is expected to grow to 1.07, whereas Inventory Turnover is forecasted to decline to 3.85. . The current year's Net Income Applicable To Common Shares is expected to grow to about 240.7 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 40.3 M.
Triple exponential smoothing for Belden - 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 Belden 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 Belden price movement. However, neither of these exponential smoothing models address any seasonality of Belden Inc.

Belden Triple Exponential Smoothing Price Forecast For the 23rd of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Belden Inc on the next trading day is expected to be 123.12 with a mean absolute deviation of 1.77, mean absolute percentage error of 6.68, and the sum of the absolute errors of 104.19.
Please note that although there have been many attempts to predict Belden 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 Belden's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Belden Stock Forecast Pattern

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Belden Forecasted Value

In the context of forecasting Belden's Stock 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. Belden's downside and upside margins for the forecasting period are 120.97 and 125.27, respectively. We have considered Belden'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
122.88
120.97
Downside
123.12
Expected Value
125.27
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 Belden stock data series using in forecasting. Note that when a statistical model is used to represent Belden 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0253
MADMean absolute deviation1.7659
MAPEMean absolute percentage error0.0152
SAESum of the absolute errors104.19
As with simple exponential smoothing, in triple exponential smoothing models past Belden 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 Belden Inc observations.

Predictive Modules for Belden

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Belden Inc. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Belden'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
118.49120.64122.79
Details
Intrinsic
Valuation
LowRealHigh
96.9199.06132.70
Details
Bollinger
Band Projection (param)
LowMiddleHigh
111.45119.97128.49
Details
5 Analysts
Consensus
LowTargetHigh
93.18102.40113.66
Details

Other Forecasting Options for Belden

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

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 Risk & Return  Correlation

Belden Inc 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 Belden'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 Belden's current price.

Belden Market Strength Events

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

Belden Risk Indicators

The analysis of Belden'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 Belden's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting belden 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.
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.
When determining whether Belden Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Belden's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Belden Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Belden Inc Stock:
Check out Historical Fundamental Analysis of Belden to cross-verify your projections.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Belden. If investors know Belden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Belden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Dividend Share
0.2
Earnings Share
4.31
Revenue Per Share
57.209
Quarterly Revenue Growth
0.045
The market value of Belden Inc is measured differently than its book value, which is the value of Belden that is recorded on the company's balance sheet. Investors also form their own opinion of Belden's value that differs from its market value or its book value, called intrinsic value, which is Belden's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Belden's market value can be influenced by many factors that don't directly affect Belden's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Belden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Belden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Belden's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.