Economic Investment Stock Forecast - Double Exponential Smoothing

EVT Stock  CAD 23.45  0.35  1.47%   
Economic Stock outlook is based on your current time horizon. Although Economic Investment's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Economic Investment's systematic risk associated with finding meaningful patterns of Economic Investment fundamentals over time.
The relative strength index (RSI) of Economic Investment's stock price is about 64 suggesting that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Economic, making its price go up or down.

Momentum 64

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Economic Investment's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Economic Investment Trust, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Economic Investment's stock price prediction:
Quarterly Earnings Growth
(0.40)
Quarterly Revenue Growth
(0.39)
Using Economic Investment hype-based prediction, you can estimate the value of Economic Investment Trust from the perspective of Economic Investment response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Economic Investment Trust on the next trading day is expected to be 23.65 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 14.37.

Economic Investment after-hype prediction price

    
  CAD 23.45  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Economic Investment to cross-verify your projections.

Economic Investment Additional Predictive Modules

Most predictive techniques to examine Economic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Economic using various technical indicators. When you analyze Economic 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Economic Investment works best with periods where there are trends or seasonality.

Economic Investment Double Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Economic Investment Trust on the next trading day is expected to be 23.65 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.12, and the sum of the absolute errors of 14.37.
Please note that although there have been many attempts to predict Economic 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 Economic Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Economic Investment Stock Forecast Pattern

Backtest Economic Investment  Economic Investment Price Prediction  Buy or Sell Advice  

Economic Investment Forecasted Value

In the context of forecasting Economic Investment'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. Economic Investment's downside and upside margins for the forecasting period are 22.15 and 25.15, respectively. We have considered Economic Investment'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
23.45
23.65
Expected Value
25.15
Upside

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 Economic Investment stock data series using in forecasting. Note that when a statistical model is used to represent Economic Investment 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 0.0391
MADMean absolute deviation0.2435
MAPEMean absolute percentage error0.0113
SAESum of the absolute errors14.3686
When Economic Investment Trust 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 Economic Investment Trust trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Economic Investment observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Economic Investment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Economic Investment Trust. 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
21.9523.4524.95
Details
Intrinsic
Valuation
LowRealHigh
20.1621.6625.80
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.5422.2824.02
Details

Economic Investment After-Hype Price Density Analysis

As far as predicting the price of Economic Investment at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Economic Investment or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Economic Investment, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Economic Investment Estimiated After-Hype Price Volatility

In the context of predicting Economic Investment's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Economic Investment's historical news coverage. Economic Investment's after-hype downside and upside margins for the prediction period are 21.95 and 24.95, respectively. We have considered Economic Investment's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
23.45
23.45
After-hype Price
24.95
Upside
Economic Investment is very steady at this time. Analysis and calculation of next after-hype price of Economic Investment Trust is based on 3 months time horizon.

Economic Investment Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Economic Investment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Economic Investment backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Economic Investment, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.22 
1.50
  0.10 
 0.00  
9 Events / Month
0 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
23.45
23.45
0.00 
333.33  
Notes

Economic Investment Hype Timeline

Economic Investment Trust is currently traded for 23.45on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.1, and average elasticity to hype of competition of 0.0. Economic is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.22%. %. The volatility of related hype on Economic Investment is about 9000.0%, with the expected price after the next announcement by competition of 23.45. About 80.0% of the company shares are held by company insiders. The company recorded earning per share (EPS) of 51.46. Economic Investment Trust last dividend was issued on the 31st of March 2026. The entity had 10:1 split on the 23rd of May 2025. Assuming the 90 days trading horizon the next anticipated press release will be in about 9 days.
Check out Historical Fundamental Analysis of Economic Investment to cross-verify your projections.

Economic Investment Related Hype Analysis

Having access to credible news sources related to Economic Investment's direct competition is more important than ever and may enhance your ability to predict Economic Investment's future price movements. Getting to know how Economic Investment's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Economic Investment may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Economic Investment

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

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

Economic Investment Market Strength Events

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

Economic Investment Risk Indicators

The analysis of Economic Investment'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 Economic Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting economic 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.

Story Coverage note for Economic Investment

The number of cover stories for Economic Investment depends on current market conditions and Economic Investment's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Economic Investment is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Economic Investment's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Economic Investment Short Properties

Economic Investment's future price predictability will typically decrease when Economic Investment's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Economic Investment Trust often depends not only on the future outlook of the potential Economic Investment's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Economic Investment's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding54.2 M
Dividends Paid-58.4 M
Cash And Short Term Investments13.6 M

Other Information on Investing in Economic Stock

Economic Investment financial ratios help investors to determine whether Economic 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 Economic with respect to the benefits of owning Economic Investment security.