Exscientia Stock Forecast - Double Exponential Smoothing

EXAIDelisted Stock  USD 4.84  0.00  0.00%   
The Double Exponential Smoothing forecasted value of Exscientia Ltd ADR on the next trading day is expected to be 4.82 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.76. Exscientia Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Exscientia's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
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 Exscientia works best with periods where there are trends or seasonality.

Exscientia Double Exponential Smoothing Price Forecast For the 1st of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Exscientia Ltd ADR on the next trading day is expected to be 4.82 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.04, and the sum of the absolute errors of 8.76.
Please note that although there have been many attempts to predict Exscientia 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 Exscientia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Exscientia Stock Forecast Pattern

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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 Exscientia stock data series using in forecasting. Note that when a statistical model is used to represent Exscientia 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 0.0335
MADMean absolute deviation0.1485
MAPEMean absolute percentage error0.0293
SAESum of the absolute errors8.7615
When Exscientia Ltd ADR 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 Exscientia Ltd ADR 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 Exscientia observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Exscientia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Exscientia ADR. 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
1.434.858.27
Details
Intrinsic
Valuation
LowRealHigh
0.884.307.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Exscientia. Your research has to be compared to or analyzed against Exscientia's peers to derive any actionable benefits. When done correctly, Exscientia's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Exscientia ADR.

View Exscientia Related Equities

 Risk & Return  Correlation

Exscientia Market Strength Events

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

Exscientia Risk Indicators

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

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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Other Consideration for investing in Exscientia Stock

If you are still planning to invest in Exscientia ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Exscientia's history and understand the potential risks before investing.
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