Traeger Stock Forecast - Double Exponential Smoothing

COOK Stock  USD 1.02  0.04  3.77%   
The Double Exponential Smoothing forecasted value of Traeger on the next trading day is expected to be 1.02 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.79. Traeger Stock Forecast is based on your current time horizon. Although Traeger's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Traeger's systematic risk associated with finding meaningful patterns of Traeger fundamentals over time.
As of now, the relative strength index (RSI) of Traeger's share price is approaching 42 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Traeger, making its price go up or down.

Momentum 42

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Traeger's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Traeger, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Traeger's stock price prediction:
EPS Estimate Next Quarter
0.0283
EPS Estimate Current Year
(0.12)
EPS Estimate Next Year
0.128
Wall Street Target Price
1.4857
EPS Estimate Current Quarter
(0.04)
Using Traeger hype-based prediction, you can estimate the value of Traeger from the perspective of Traeger response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Traeger using Traeger's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Traeger using crowd psychology based on the activity and movement of Traeger's stock price.

Traeger Implied Volatility

    
  1.43  
Traeger's implied volatility exposes the market's sentiment of Traeger stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Traeger's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Traeger stock will not fluctuate a lot when Traeger's options are near their expiration.
The Double Exponential Smoothing forecasted value of Traeger on the next trading day is expected to be 1.02 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.79.

Traeger after-hype prediction price

    
  USD 1.07  
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 Traeger to cross-verify your projections.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.At this time, Traeger's Inventory Turnover is quite stable compared to the past year. Receivables Turnover is expected to rise to 11.02 this year, although the value of Payables Turnover will most likely fall to 13.94. . The value of Common Stock Shares Outstanding is expected to slide to about 131.7 M. Net Loss is expected to rise to about (326.7 M) this year.

Open Interest Against 2026-03-20 Traeger Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Traeger's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Traeger's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Traeger stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Traeger's open interest, investors have to compare it to Traeger's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Traeger is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Traeger. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Traeger Additional Predictive Modules

Most predictive techniques to examine Traeger price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Traeger using various technical indicators. When you analyze Traeger 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 Traeger works best with periods where there are trends or seasonality.

Traeger Double Exponential Smoothing Price Forecast For the 6th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Traeger on the next trading day is expected to be 1.02 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.79.
Please note that although there have been many attempts to predict Traeger 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 Traeger's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Traeger Stock Forecast Pattern

Backtest TraegerTraeger Price PredictionBuy or Sell Advice 

Traeger Forecasted Value

In the context of forecasting Traeger'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. Traeger's downside and upside margins for the forecasting period are 0.01 and 7.57, respectively. We have considered Traeger'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
1.02
1.02
Expected Value
7.57
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 Traeger stock data series using in forecasting. Note that when a statistical model is used to represent Traeger 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 -0.0105
MADMean absolute deviation0.0472
MAPEMean absolute percentage error0.0497
SAESum of the absolute errors2.787
When Traeger 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 Traeger 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 Traeger observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Traeger

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Traeger. 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
0.051.077.60
Details
Intrinsic
Valuation
LowRealHigh
0.061.167.69
Details
8 Analysts
Consensus
LowTargetHigh
1.351.491.65
Details

Other Forecasting Options for Traeger

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

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

Traeger 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 Traeger'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 Traeger's current price.

Traeger Market Strength Events

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

Traeger Risk Indicators

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

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When determining whether Traeger is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Traeger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Traeger Stock. Highlighted below are key reports to facilitate an investment decision about Traeger Stock:
Check out Historical Fundamental Analysis of Traeger to cross-verify your projections.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Traeger. If investors know Traeger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Traeger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
4.432
Quarterly Revenue Growth
0.027
Return On Assets
(0)
Return On Equity
(0.45)
The market value of Traeger is measured differently than its book value, which is the value of Traeger that is recorded on the company's balance sheet. Investors also form their own opinion of Traeger's value that differs from its market value or its book value, called intrinsic value, which is Traeger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Traeger's market value can be influenced by many factors that don't directly affect Traeger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Traeger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Traeger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Traeger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.