Dun Bradstreet Stock Forecast - Double Exponential Smoothing
| DNB Stock | USD 12.73 0.02 0.16% |
The Double Exponential Smoothing forecasted value of Dun Bradstreet Holdings on the next trading day is expected to be 12.78 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.60. Dun Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dun Bradstreet stock prices and determine the direction of Dun Bradstreet Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dun Bradstreet's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Dun Bradstreet Double Exponential Smoothing Price Forecast For the 29th of November
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Dun Bradstreet Holdings on the next trading day is expected to be 12.78 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.05, and the sum of the absolute errors of 8.60.Please note that although there have been many attempts to predict Dun 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 Dun Bradstreet's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Dun Bradstreet Stock Forecast Pattern
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Dun Bradstreet Forecasted Value
In the context of forecasting Dun Bradstreet'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. Dun Bradstreet's downside and upside margins for the forecasting period are 10.99 and 14.56, respectively. We have considered Dun Bradstreet'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Dun Bradstreet stock data series using in forecasting. Note that when a statistical model is used to represent Dun Bradstreet 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 | -0.0396 |
| MAD | Mean absolute deviation | 0.1458 |
| MAPE | Mean absolute percentage error | 0.0125 |
| SAE | Sum of the absolute errors | 8.6035 |
Predictive Modules for Dun Bradstreet
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dun Bradstreet Holdings. 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 Dun Bradstreet
For every potential investor in Dun, whether a beginner or expert, Dun Bradstreet's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dun Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dun. Basic forecasting techniques help filter out the noise by identifying Dun Bradstreet's price trends.Dun Bradstreet 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 Dun Bradstreet stock to make a market-neutral strategy. Peer analysis of Dun Bradstreet could also be used in its relative valuation, which is a method of valuing Dun Bradstreet by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Dun Bradstreet Holdings 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 Dun Bradstreet'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 Dun Bradstreet's current price.| Cycle Indicators | ||
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| Volume Indicators |
Dun Bradstreet Market Strength Events
Market strength indicators help investors to evaluate how Dun Bradstreet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dun Bradstreet shares will generate the highest return on investment. By undertsting and applying Dun Bradstreet stock market strength indicators, traders can identify Dun Bradstreet Holdings entry and exit signals to maximize returns.
Dun Bradstreet Risk Indicators
The analysis of Dun Bradstreet'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 Dun Bradstreet's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dun 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 | 1.12 | |||
| Semi Deviation | 1.21 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.09 | |||
| Downside Variance | 1.96 | |||
| Semi Variance | 1.46 | |||
| Expected Short fall | (1.16) |
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 Dun Bradstreet Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dun Bradstreet'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 Dun Bradstreet Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dun Bradstreet Holdings Stock:Check out Historical Fundamental Analysis of Dun Bradstreet to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Research & Consulting 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 Dun Bradstreet. If investors know Dun 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 Dun Bradstreet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 0.2 | Earnings Share (0.08) | Revenue Per Share 5.51 | Quarterly Revenue Growth 0.035 |
The market value of Dun Bradstreet Holdings is measured differently than its book value, which is the value of Dun that is recorded on the company's balance sheet. Investors also form their own opinion of Dun Bradstreet's value that differs from its market value or its book value, called intrinsic value, which is Dun Bradstreet'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 Dun Bradstreet's market value can be influenced by many factors that don't directly affect Dun Bradstreet'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 Dun Bradstreet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dun Bradstreet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dun Bradstreet'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.