Chuangs China Stock Forecast - Double Exponential Smoothing

CUG Stock  EUR 0.01  0.00  0.00%   
The Double Exponential Smoothing forecasted value of Chuangs China Investments on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.00000833 and the sum of the absolute errors of 0.0005. Chuangs Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Chuangs China's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
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 Chuangs China works best with periods where there are trends or seasonality.

Chuangs China Double Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Chuangs China Investments on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.00000833, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0005.
Please note that although there have been many attempts to predict Chuangs 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 Chuangs China's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Chuangs China Stock Forecast Pattern

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Chuangs China Forecasted Value

In the context of forecasting Chuangs China'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. Chuangs China's downside and upside margins for the forecasting period are 0.0001 and 0.88, respectively. We have considered Chuangs China'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
0.01
0.0001
Downside
0.01
Expected Value
0.88
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 Chuangs China stock data series using in forecasting. Note that when a statistical model is used to represent Chuangs China 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 None
MADMean absolute deviation0.0
MAPEMean absolute percentage error8.0E-4
SAESum of the absolute errors5.0E-4
When Chuangs China Investments 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 Chuangs China Investments 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 Chuangs China observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Chuangs China

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chuangs China Investments. 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
0.000.010.88
Details
Intrinsic
Valuation
LowRealHigh
0.000.010.88
Details

Other Forecasting Options for Chuangs China

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

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

Chuangs China Investments 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 Chuangs China'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 Chuangs China's current price.

Chuangs China Market Strength Events

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

Chuangs China Risk Indicators

The analysis of Chuangs China'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 Chuangs China's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chuangs 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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Other Information on Investing in Chuangs Stock

Chuangs China financial ratios help investors to determine whether Chuangs 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 Chuangs with respect to the benefits of owning Chuangs China security.