E2E Networks Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for E2E Networks - 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 E2E Networks 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 E2E Networks price movement. However, neither of these exponential smoothing models address any seasonality of E2E Networks Limited.

E2E Networks Triple Exponential Smoothing Price Forecast For the 10th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of E2E Networks Limited on the next trading day is expected to be 4,340 with a mean absolute deviation of 128.76, mean absolute percentage error of 26,850, and the sum of the absolute errors of 7,597.

E2E Networks Stock Forecast Pattern

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E2E Networks Price Prediction

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E2E Networks Forecasted Value

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 E2E Networks stock data series using in forecasting. Note that when a statistical model is used to represent E2E Networks 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. As with simple exponential smoothing, in triple exponential smoothing models past E2E Networks 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 E2E Networks Limited observations.

Predictive Modules for E2E Networks

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as E2E Networks Limited. 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 4,168 4,171 4,731 Details

Intrinsic Valuation Low Real High 3,437 3,441 4,731 Details

Other Forecasting Options for E2E Networks

For every potential investor in E2E, whether a beginner or expert, E2E Networks' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. E2E Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in E2E. Basic forecasting techniques help filter out the noise by identifying E2E Networks' price trends.

E2E Networks Related Equities

Risk & Return

Correlation

E2E Networks Limited 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 E2E Networks' 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 E2E Networks' current price.

E2E Networks Market Strength Events

E2E Networks Risk Indicators

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.

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