Expo Holdings Stock Forecast - Simple Exponential Smoothing
| EXPH Stock | USD 0.0001 0.00 0.00% |
The Simple Exponential Smoothing forecasted value of Expo Holdings on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Expo Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Expo Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
As of now, Expo Holdings' Long Term Debt is decreasing as compared to previous years. The Expo Holdings' current Total Liabilities is estimated to increase to about 1.7 M, while Total Stockholder Equity is projected to decrease to (216.9 K). Expo Holdings Simple Exponential Smoothing Price Forecast For the 26th of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Expo Holdings on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict Expo 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 Expo Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Expo Holdings Stock Forecast Pattern
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Expo Holdings Forecasted Value
In the context of forecasting Expo Holdings' 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. Expo Holdings' downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Expo Holdings' 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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Expo Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Expo Holdings 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 | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Expo Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Expo 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 Expo Holdings
For every potential investor in Expo, whether a beginner or expert, Expo Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Expo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Expo. Basic forecasting techniques help filter out the noise by identifying Expo Holdings' price trends.Expo Holdings 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 Expo Holdings stock to make a market-neutral strategy. Peer analysis of Expo Holdings could also be used in its relative valuation, which is a method of valuing Expo Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Expo 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 Expo Holdings' 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 Expo Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Expo Holdings Market Strength Events
Market strength indicators help investors to evaluate how Expo Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Expo Holdings shares will generate the highest return on investment. By undertsting and applying Expo Holdings stock market strength indicators, traders can identify Expo Holdings entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
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Check out Historical Fundamental Analysis of Expo Holdings to cross-verify your projections. For more detail on how to invest in Expo Stock please use our How to Invest in Expo Holdings guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Furnishings, Fixtures & Appliances 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 Expo Holdings. If investors know Expo 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 Expo Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.21) |
The market value of Expo Holdings is measured differently than its book value, which is the value of Expo that is recorded on the company's balance sheet. Investors also form their own opinion of Expo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Expo Holdings' 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 Expo Holdings' market value can be influenced by many factors that don't directly affect Expo Holdings' 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 Expo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Expo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expo Holdings' 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.