Coca-Cola Bottlers OTC Stock Forecast - Triple Exponential Smoothing

CCOJF Stock  USD 12.88  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Coca Cola Bottlers Japan on the next trading day is expected to be 12.88 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Coca-Cola OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Coca-Cola Bottlers' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Coca-Cola Bottlers - 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 Coca-Cola Bottlers 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 Coca-Cola Bottlers price movement. However, neither of these exponential smoothing models address any seasonality of Coca Cola Bottlers.

Coca-Cola Bottlers Triple Exponential Smoothing Price Forecast For the 25th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Coca Cola Bottlers Japan on the next trading day is expected to be 12.88 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Coca-Cola OTC 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 Coca-Cola Bottlers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Coca-Cola Bottlers OTC Stock Forecast Pattern

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Coca-Cola Bottlers Forecasted Value

In the context of forecasting Coca-Cola Bottlers' OTC 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. Coca-Cola Bottlers' downside and upside margins for the forecasting period are 12.88 and 12.88, respectively. We have considered Coca-Cola Bottlers' 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
12.88
12.88
Expected Value
12.88
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 Coca-Cola Bottlers otc stock data series using in forecasting. Note that when a statistical model is used to represent Coca-Cola Bottlers otc 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 None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
As with simple exponential smoothing, in triple exponential smoothing models past Coca-Cola Bottlers 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 Coca Cola Bottlers Japan observations.

Predictive Modules for Coca-Cola Bottlers

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coca Cola Bottlers. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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
LowEstimatedHigh
12.8812.8812.88
Details
Intrinsic
Valuation
LowRealHigh
12.8812.8812.88
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.8812.8812.88
Details

Other Forecasting Options for Coca-Cola Bottlers

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

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

Coca Cola Bottlers Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Coca-Cola Bottlers' 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 Coca-Cola Bottlers' current price.

Coca-Cola Bottlers Market Strength Events

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

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Other Information on Investing in Coca-Cola OTC Stock

Coca-Cola Bottlers financial ratios help investors to determine whether Coca-Cola OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Coca-Cola with respect to the benefits of owning Coca-Cola Bottlers security.