Qwest Corp Stock Forecast - Triple Exponential Smoothing
CTBB Stock | USD 18.25 0.04 0.22% |
The Triple Exponential Smoothing forecasted value of Qwest Corp NT on the next trading day is expected to be 18.29 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.29. Qwest Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Qwest Corp stock prices and determine the direction of Qwest Corp NT's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Qwest Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
Qwest |
Qwest Corp Triple Exponential Smoothing Price Forecast For the 29th of November
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Qwest Corp NT on the next trading day is expected to be 18.29 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.12, and the sum of the absolute errors of 15.29.Please note that although there have been many attempts to predict Qwest 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 Qwest Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Qwest Corp Stock Forecast Pattern
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Qwest Corp Forecasted Value
In the context of forecasting Qwest Corp'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. Qwest Corp's downside and upside margins for the forecasting period are 15.34 and 21.24, respectively. We have considered Qwest Corp'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Qwest Corp stock data series using in forecasting. Note that when a statistical model is used to represent Qwest Corp 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 | 0.0529 |
MAD | Mean absolute deviation | 0.2592 |
MAPE | Mean absolute percentage error | 0.0154 |
SAE | Sum of the absolute errors | 15.2931 |
Predictive Modules for Qwest Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qwest Corp NT. 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.Other Forecasting Options for Qwest Corp
For every potential investor in Qwest, whether a beginner or expert, Qwest Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Qwest Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Qwest. Basic forecasting techniques help filter out the noise by identifying Qwest Corp's price trends.Qwest Corp 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 Qwest Corp stock to make a market-neutral strategy. Peer analysis of Qwest Corp could also be used in its relative valuation, which is a method of valuing Qwest Corp by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Qwest Corp NT 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 Qwest Corp'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 Qwest Corp's current price.Cycle Indicators | ||
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Volume Indicators |
Qwest Corp Market Strength Events
Market strength indicators help investors to evaluate how Qwest Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qwest Corp shares will generate the highest return on investment. By undertsting and applying Qwest Corp stock market strength indicators, traders can identify Qwest Corp NT entry and exit signals to maximize returns.
Qwest Corp Risk Indicators
The analysis of Qwest Corp'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 Qwest Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qwest 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 | 1.76 | |||
Semi Deviation | 1.83 | |||
Standard Deviation | 2.9 | |||
Variance | 8.42 | |||
Downside Variance | 5.45 | |||
Semi Variance | 3.36 | |||
Expected Short fall | (2.07) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Qwest Corp NT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qwest Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qwest Corp Nt Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qwest Corp Nt Stock:Check out Historical Fundamental Analysis of Qwest Corp to cross-verify your projections. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Diversified Telecommunication Services 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 Qwest Corp. If investors know Qwest 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 Qwest Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1000 K |
The market value of Qwest Corp NT is measured differently than its book value, which is the value of Qwest that is recorded on the company's balance sheet. Investors also form their own opinion of Qwest Corp's value that differs from its market value or its book value, called intrinsic value, which is Qwest Corp'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 Qwest Corp's market value can be influenced by many factors that don't directly affect Qwest Corp'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 Qwest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qwest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qwest Corp'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.