Compodium International Stock Forecast - Double Exponential Smoothing
| COMPDM Stock | 3.56 0.02 0.56% |
The Double Exponential Smoothing forecasted value of Compodium International AB on the next trading day is expected to be 3.53 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.41. Compodium Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Compodium International stock prices and determine the direction of Compodium International AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Compodium International's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the value of rsi of Compodium International'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 |
Using Compodium International hype-based prediction, you can estimate the value of Compodium International AB from the perspective of Compodium International response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Compodium International AB on the next trading day is expected to be 3.53 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.41. Compodium International after-hype prediction price | SEK 3.56 |
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.
Compodium |
Compodium International Additional Predictive Modules
Most predictive techniques to examine Compodium price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Compodium using various technical indicators. When you analyze Compodium 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Compodium International Double Exponential Smoothing Price Forecast For the 12th of January 2026
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Compodium International AB on the next trading day is expected to be 3.53 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.41.Please note that although there have been many attempts to predict Compodium 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 Compodium International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Compodium International Stock Forecast Pattern
| Backtest Compodium International | Compodium International Price Prediction | Buy or Sell Advice |
Compodium International Forecasted Value
In the context of forecasting Compodium International'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. Compodium International's downside and upside margins for the forecasting period are 0.56 and 6.50, respectively. We have considered Compodium International'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.
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 Compodium International stock data series using in forecasting. Note that when a statistical model is used to represent Compodium International 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.0202 |
| MAD | Mean absolute deviation | 0.1086 |
| MAPE | Mean absolute percentage error | 0.0238 |
| SAE | Sum of the absolute errors | 6.4068 |
Predictive Modules for Compodium International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compodium International. 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 Compodium International'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.
Other Forecasting Options for Compodium International
For every potential investor in Compodium, whether a beginner or expert, Compodium International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Compodium Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Compodium. Basic forecasting techniques help filter out the noise by identifying Compodium International's price trends.Compodium International 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 Compodium International stock to make a market-neutral strategy. Peer analysis of Compodium International could also be used in its relative valuation, which is a method of valuing Compodium International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Compodium International 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 Compodium International'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 Compodium International's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Compodium International Market Strength Events
Market strength indicators help investors to evaluate how Compodium International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Compodium International shares will generate the highest return on investment. By undertsting and applying Compodium International stock market strength indicators, traders can identify Compodium International AB entry and exit signals to maximize returns.
Compodium International Risk Indicators
The analysis of Compodium International'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 Compodium International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting compodium 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.
| Mean Deviation | 2.17 | |||
| Standard Deviation | 3.0 | |||
| Variance | 8.97 |
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.
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Other Information on Investing in Compodium Stock
Compodium International financial ratios help investors to determine whether Compodium 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 Compodium with respect to the benefits of owning Compodium International security.