Dogus Gayrimenkul Stock Forecast - Triple Exponential Smoothing

DGGYO Stock  TRY 40.18  0.78  1.98%   
The Triple Exponential Smoothing forecasted value of Dogus Gayrimenkul Yatirim on the next trading day is expected to be 40.10 with a mean absolute deviation of 0.93 and the sum of the absolute errors of 55.00. Dogus Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Dogus Gayrimenkul's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Dogus Gayrimenkul - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Dogus Gayrimenkul 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 trend in Dogus Gayrimenkul price movement. However, neither of these exponential smoothing models address any seasonality of Dogus Gayrimenkul Yatirim.

Dogus Gayrimenkul Triple Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Dogus Gayrimenkul Yatirim on the next trading day is expected to be 40.10 with a mean absolute deviation of 0.93, mean absolute percentage error of 1.57, and the sum of the absolute errors of 55.00.
Please note that although there have been many attempts to predict Dogus 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 Dogus Gayrimenkul's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dogus Gayrimenkul Stock Forecast Pattern

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Dogus Gayrimenkul Forecasted Value

In the context of forecasting Dogus Gayrimenkul'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. Dogus Gayrimenkul's downside and upside margins for the forecasting period are 36.68 and 43.53, respectively. We have considered Dogus Gayrimenkul'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
40.18
40.10
Expected Value
43.53
Upside

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 Dogus Gayrimenkul stock data series using in forecasting. Note that when a statistical model is used to represent Dogus Gayrimenkul 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 -0.1474
MADMean absolute deviation0.9321
MAPEMean absolute percentage error0.0258
SAESum of the absolute errors54.9951
As with simple exponential smoothing, in triple exponential smoothing models past Dogus Gayrimenkul observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Dogus Gayrimenkul Yatirim observations.

Predictive Modules for Dogus Gayrimenkul

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dogus Gayrimenkul Yatirim. 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
35.9839.4042.82
Details
Intrinsic
Valuation
LowRealHigh
28.7132.1343.34
Details

Other Forecasting Options for Dogus Gayrimenkul

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

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

Dogus Gayrimenkul Yatirim 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 Dogus Gayrimenkul'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 Dogus Gayrimenkul's current price.

Dogus Gayrimenkul Market Strength Events

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

Dogus Gayrimenkul Risk Indicators

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Dogus Stock

Dogus Gayrimenkul financial ratios help investors to determine whether Dogus 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 Dogus with respect to the benefits of owning Dogus Gayrimenkul security.