CANON MARKETING Stock Forward View - Simple Exponential Smoothing

CNJ Stock  EUR 37.60  0.40  1.08%   
CANON Stock outlook is based on your current time horizon.
At this time the relative strength momentum indicator of CANON MARKETING'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 CANON MARKETING's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with CANON MARKETING JP, which may create opportunities for some arbitrage if properly timed.
Using CANON MARKETING hype-based prediction, you can estimate the value of CANON MARKETING JP from the perspective of CANON MARKETING response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of CANON MARKETING JP on the next trading day is expected to be 37.57 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 21.36.

CANON MARKETING after-hype prediction price

    
  EUR 37.62  
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 Historical Fundamental Analysis of CANON MARKETING to cross-verify your projections.

CANON MARKETING Additional Predictive Modules

Most predictive techniques to examine CANON price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CANON using various technical indicators. When you analyze CANON 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.
CANON MARKETING 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 CANON MARKETING JP are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as CANON MARKETING JP prices get older.

CANON MARKETING Simple Exponential Smoothing Price Forecast For the 9th of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of CANON MARKETING JP on the next trading day is expected to be 37.57 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.20, and the sum of the absolute errors of 21.36.
Please note that although there have been many attempts to predict CANON Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that CANON MARKETING's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CANON MARKETING Stock Forecast Pattern

Backtest CANON MARKETING  CANON MARKETING Price Prediction  Research Analysis  

CANON MARKETING Forecasted Value

In the context of forecasting CANON MARKETING'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. CANON MARKETING's downside and upside margins for the forecasting period are 36.29 and 38.85, respectively. We have considered CANON MARKETING'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
37.60
37.57
Expected Value
38.85
Upside

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 CANON MARKETING stock data series using in forecasting. Note that when a statistical model is used to represent CANON MARKETING 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 Criteria114.6384
BiasArithmetic mean of the errors -0.0617
MADMean absolute deviation0.3561
MAPEMean absolute percentage error0.0096
SAESum of the absolute errors21.3637
This simple exponential smoothing model begins by setting CANON MARKETING JP forecast for the second period equal to the observation of the first period. In other words, recent CANON MARKETING observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for CANON MARKETING

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CANON MARKETING JP. 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
LowEstimatedHigh
36.3437.6238.90
Details
Intrinsic
Valuation
LowRealHigh
35.9637.2438.52
Details

CANON MARKETING After-Hype Price Density Analysis

As far as predicting the price of CANON MARKETING 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 CANON MARKETING 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 CANON MARKETING, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

CANON MARKETING Estimiated After-Hype Price Volatility

In the context of predicting CANON MARKETING's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CANON MARKETING's historical news coverage. CANON MARKETING's after-hype downside and upside margins for the prediction period are 36.34 and 38.90, respectively. We have considered CANON MARKETING's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
37.60
37.62
After-hype Price
38.90
Upside
CANON MARKETING is very steady at this time. Analysis and calculation of next after-hype price of CANON MARKETING JP is based on 3 months time horizon.

CANON MARKETING Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as CANON MARKETING is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CANON MARKETING 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 CANON MARKETING, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.11 
1.28
  0.02 
  0.01 
6 Events / Month
2 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
37.60
37.62
0.05 
640.00  
Notes

CANON MARKETING Hype Timeline

CANON MARKETING JP is currently traded for 37.60on Munich Exchange of Germany. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of -0.01. CANON is forecasted to increase in value after the next headline, with the price projected to jump to 37.62 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is anticipated to be 0.05%, whereas the daily expected return is currently at 0.11%. The volatility of related hype on CANON MARKETING is about 2178.72%, with the expected price after the next announcement by competition of 37.59. The company reported the revenue of 653.92 B. Net Income was 39.31 B with profit before overhead, payroll, taxes, and interest of 0. Assuming the 90 days trading horizon the next forecasted press release will be in about 6 days.
Check out Historical Fundamental Analysis of CANON MARKETING to cross-verify your projections.

CANON MARKETING Related Hype Analysis

Having access to credible news sources related to CANON MARKETING's direct competition is more important than ever and may enhance your ability to predict CANON MARKETING's future price movements. Getting to know how CANON MARKETING'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 CANON MARKETING may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
32AAegean Airlines SA(0.22)2 per month 1.37  0.07  3.21 (2.37) 7.82 
CZ2National Retail Properties 0.16 3 per month 0.90 (0.02) 1.73 (1.79) 4.32 
JALJAPAN AIRLINES(0.30)6 per month 0.77 (0.06) 1.94 (1.86) 6.88 
CIAHChina Eastern Airlines(0.01)6 per month 2.58  0.17  6.82 (4.84) 17.26 
T2ETRADELINK ELECTRON 0.00 8 per month 0.00  0.00  0.00  0.00  0.00 
MNLMUTUIONLINE(0.25)1 per month 0.00 (0.35) 1.87 (2.68) 8.94 
T2GTradegate AG Wertpapierhandelsbank 0.00 2 per month 0.00 (0.14) 1.15 (1.16) 6.74 
J9TCODERE ONLINE LUX 0.15 8 per month 2.55  0.09  6.30 (4.71) 16.55 

Other Forecasting Options for CANON MARKETING

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

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

CANON MARKETING Market Strength Events

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

CANON MARKETING Risk Indicators

The analysis of CANON MARKETING'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 CANON MARKETING's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canon 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 CANON MARKETING

The number of cover stories for CANON MARKETING depends on current market conditions and CANON MARKETING's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CANON MARKETING 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 CANON MARKETING's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

CANON MARKETING Short Properties

CANON MARKETING's future price predictability will typically decrease when CANON MARKETING's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of CANON MARKETING JP often depends not only on the future outlook of the potential CANON MARKETING's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CANON MARKETING's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding108.9 M
Dividends Paid-16.9 B

Additional Tools for CANON Stock Analysis

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