FIRST TRACTOR Stock Forecast - Triple Exponential Smoothing

FIRST TRACTOR Additional Predictive Modules

Most predictive techniques to examine FIRST price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for FIRST using various technical indicators. When you analyze FIRST 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 FIRST TRACTOR - 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 FIRST TRACTOR 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 FIRST TRACTOR price movement. However, neither of these exponential smoothing models address any seasonality of FIRST TRACTOR H.

FIRST TRACTOR Triple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of FIRST TRACTOR H on the next trading day is expected to be 0.94 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.34.

FIRST TRACTOR Stock Forecast Pattern

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FIRST TRACTOR Price Prediction

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FIRST TRACTOR 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 FIRST TRACTOR stock data series using in forecasting. Note that when a statistical model is used to represent FIRST TRACTOR 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 FIRST TRACTOR 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 FIRST TRACTOR H observations.

Predictive Modules for FIRST TRACTOR

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FIRST TRACTOR H. 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 0.05 0.94 2.70 Details

Intrinsic Valuation Low Real High 0.05 0.92 2.68 Details

Bollinger Band Projection (param) Low Middle High 0.91 0.95 0.99 Details

FIRST TRACTOR After-Hype Price Prediction Density Analysis

FIRST TRACTOR Estimiated After-Hype Price Volatility

FIRST TRACTOR Stock Price Prediction Analysis

FIRST TRACTOR Hype Timeline

FIRST TRACTOR H is currently traded for 0.94on Munich Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. FIRST 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 0.16%. %. The volatility of related hype on FIRST TRACTOR is about 0.0%, with the expected price after the next announcement by competition of 0.94. The company has price-to-book (P/B) ratio of 0.63. Some equities with similar Price to Book (P/B) outperform the market in the long run. FIRST TRACTOR H had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be in a few days. Check out Historical Fundamental Analysis of FIRST TRACTOR to cross-verify your projections.

FIRST TRACTOR Related Hype Analysis

Other Forecasting Options for FIRST TRACTOR

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

FIRST TRACTOR Related Equities

Risk & Return

Correlation

FIRST TRACTOR Market Strength Events

FIRST TRACTOR Risk Indicators

Story Coverage note for FIRST TRACTOR

Other Macroaxis Stories

FIRST TRACTOR Short Properties

Additional Tools for FIRST Stock Analysis