Enaex SA Stock Forward View - Triple Exponential Smoothing

Enaex SA Additional Predictive Modules

Most predictive techniques to examine Enaex price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Enaex using various technical indicators. When you analyze Enaex charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Triple exponential smoothing for Enaex SA - 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 Enaex SA 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 Enaex SA price movement. However, neither of these exponential smoothing models address any seasonality of Enaex SA.

Enaex SA Triple Exponential Smoothing Price Forecast For the 2nd of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Enaex SA on the next trading day is expected to be 24,170 with a mean absolute deviation of 122.54, mean absolute percentage error of 41,543, and the sum of the absolute errors of 7,230.

Enaex SA Stock Forecast Pattern

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Enaex SA 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 Enaex SA stock data series using in forecasting. Note that when a statistical model is used to represent Enaex SA 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 Enaex SA 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 Enaex SA observations.

Predictive Modules for Enaex SA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enaex SA. 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 24,140 24,141 24,142 Details

Intrinsic Valuation Low Real High 19,571 19,572 26,555 Details

Bollinger Band Projection (param) Low Middle High 23,213 24,153 25,092 Details

Enaex SA After-Hype Price Density Analysis

Enaex SA Estimiated After-Hype Price Volatility

Enaex SA Stock Price Outlook Analysis

Notes

Enaex SA Hype Timeline

Enaex SA is currently traded for 24,141on Chilean Stock Exchange of Chile. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Enaex is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.32%. %. The volatility of related hype on Enaex SA is about 0.0%, with the expected price after the next announcement by competition of 24,141. About 89.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.79. Some equities with similar Price to Book (P/B) outperform the market in the long run. Enaex SA recorded earning per share (EPS) of 1009.52. The entity last dividend was issued on the 21st of November 2022. The firm had 1393:1308 split on the 28th of September 2006. Assuming the 90 days trading horizon the next projected press release will be in a few days. Check out Historical Fundamental Analysis of Enaex SA to cross-verify your projections.

Enaex SA Related Hype Analysis

Other Forecasting Options for Enaex SA

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

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