Delta Djakarta Stock Forecast - Simple Exponential Smoothing

Delta Djakarta simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Delta Djakarta Tbk are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Delta Djakarta Tbk prices get older.

Delta Djakarta Simple Exponential Smoothing Price Forecast For the 25th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Delta Djakarta Tbk on the next trading day is expected to be 2,130 with a mean absolute deviation of 18.24, mean absolute percentage error of 994.33, and the sum of the absolute errors of 1,095.

Delta Djakarta Stock Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Delta Djakarta stock data series using in forecasting. Note that when a statistical model is used to represent Delta Djakarta 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. This simple exponential smoothing model begins by setting Delta Djakarta Tbk forecast for the second period equal to the observation of the first period. In other words, recent Delta Djakarta observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Delta Djakarta

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delta Djakarta Tbk. 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 Low Estimated High 2,129 2,130 2,131 Details

Intrinsic Valuation Low Real High 1,805 1,806 2,343 Details

Bollinger Band Projection (param) Low Middle High 2,130 2,130 2,130 Details

Other Forecasting Options for Delta Djakarta

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

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Correlation

Delta Djakarta Tbk 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 Delta Djakarta'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 Delta Djakarta's current price.

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