CCC SA Stock Forecast - Double Exponential Smoothing

CCC Stock   130.50  3.00  2.25%   
The Double Exponential Smoothing forecasted value of CCC SA on the next trading day is expected to be 130.54 with a mean absolute deviation of 3.15 and the sum of the absolute errors of 186.03. Investors can use prediction functions to forecast CCC SA's stock prices and determine the direction of CCC SA's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of CCC SA's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. As of today the value of rsi of CCC SA's share price is below 20 suggesting 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
The successful prediction of CCC SA's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of CCC SA and does not consider all of the tangible or intangible factors available from CCC SA's fundamental data. We analyze noise-free headlines and recent hype associated with CCC SA, which may create opportunities for some arbitrage if properly timed.
Using CCC SA hype-based prediction, you can estimate the value of CCC SA from the perspective of CCC SA response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of CCC SA on the next trading day is expected to be 130.54 with a mean absolute deviation of 3.15 and the sum of the absolute errors of 186.03.

CCC SA after-hype prediction price

    
  PLN 130.5  
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.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

CCC SA Additional Predictive Modules

Most predictive techniques to examine CCC price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CCC using various technical indicators. When you analyze CCC 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for CCC SA works best with periods where there are trends or seasonality.

CCC SA Double Exponential Smoothing Price Forecast For the 26th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of CCC SA on the next trading day is expected to be 130.54 with a mean absolute deviation of 3.15, mean absolute percentage error of 17.43, and the sum of the absolute errors of 186.03.
Please note that although there have been many attempts to predict CCC 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 CCC SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CCC SA Stock Forecast Pattern

CCC SA Forecasted Value

In the context of forecasting CCC SA'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. CCC SA's downside and upside margins for the forecasting period are 127.46 and 133.62, respectively. We have considered CCC SA'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
130.50
127.46
Downside
130.54
Expected Value
133.62
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of CCC SA stock data series using in forecasting. Note that when a statistical model is used to represent CCC 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors 0.4512
MADMean absolute deviation3.1531
MAPEMean absolute percentage error0.0238
SAESum of the absolute errors186.0346
When CCC 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 CCC SA trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent CCC SA observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for CCC 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 CCC 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CCC SA'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.

CCC SA Estimiated After-Hype Price Prediction Volatility

As far as predicting the price of CCC SA at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in CCC SA or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of CCC SA, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

CCC SA Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as CCC SA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CCC SA backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with CCC SA, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
3.08
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
130.50
130.50
0.00 
0.00  
Notes

CCC SA Hype Timeline

CCC SA is currently traded for 130.50on Warsaw Stock Exchange of Poland. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. CCC 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 currently at -0.07%. %. The volatility of related hype on CCC SA is about 0.0%, with the expected price after the next announcement by competition of 130.50. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

CCC SA Related Hype Analysis

Having access to credible news sources related to CCC SA's direct competition is more important than ever and may enhance your ability to predict CCC SA's future price movements. Getting to know how CCC SA's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how CCC SA may potentially react to the hype associated with one of its peers.

Other Forecasting Options for CCC SA

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

CCC SA 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 CCC SA stock to make a market-neutral strategy. Peer analysis of CCC SA could also be used in its relative valuation, which is a method of valuing CCC SA by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

CCC SA Market Strength Events

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

CCC SA Risk Indicators

The analysis of CCC SA'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 CCC SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ccc 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.

Story Coverage note for CCC SA

The number of cover stories for CCC SA depends on current market conditions and CCC SA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CCC SA is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about CCC SA's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for CCC Stock Analysis

When running CCC SA's price analysis, check to measure CCC SA'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 CCC SA is operating at the current time. Most of CCC SA's value examination focuses on studying past and present price action to predict the probability of CCC SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCC SA's price. Additionally, you may evaluate how the addition of CCC SA to your portfolios can decrease your overall portfolio volatility.