Natura City Stock Forecast - Simple Exponential Smoothing

Natura City 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 Natura City Developments are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Natura City Developments prices get older.

Natura City Simple Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Natura City Developments on the next trading day is expected to be 120.90 with a mean absolute deviation of 4.74, mean absolute percentage error of 54.46, and the sum of the absolute errors of 289.43.

Natura City Stock Forecast Pattern

Backtest Natura City

Natura City Price Prediction

Buy or Sell Advice

Natura City 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 Natura City stock data series using in forecasting. Note that when a statistical model is used to represent Natura City 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 Natura City Developments forecast for the second period equal to the observation of the first period. In other words, recent Natura City observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Natura City

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Natura City Developments. 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 113.89 121.00 128.11 Details

Intrinsic Valuation Low Real High 89.49 96.60 133.10 Details

Bollinger Band Projection (param) Low Middle High 103.83 125.29 146.75 Details

Other Forecasting Options for Natura City

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

Natura City Related Equities

Risk & Return

Correlation

Natura City Developments 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 Natura City'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 Natura City's current price.

Natura City Market Strength Events

Natura City Risk Indicators

Other Information on Investing in Natura Stock