FUJITSU Stock Forecast - Triple Exponential Smoothing

FUJA Stock  EUR 17.00  0.20  1.19%   
The Triple Exponential Smoothing forecasted value of FUJITSU LTD ADR on the next trading day is expected to be 17.03 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 17.02. FUJITSU Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FUJITSU's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for FUJITSU - 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 FUJITSU 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 FUJITSU price movement. However, neither of these exponential smoothing models address any seasonality of FUJITSU LTD ADR.

FUJITSU Triple Exponential Smoothing Price Forecast For the 27th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of FUJITSU LTD ADR on the next trading day is expected to be 17.03 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.16, and the sum of the absolute errors of 17.02.
Please note that although there have been many attempts to predict FUJITSU 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 FUJITSU's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FUJITSU Stock Forecast Pattern

Backtest FUJITSUFUJITSU Price PredictionBuy or Sell Advice 

FUJITSU Forecasted Value

In the context of forecasting FUJITSU'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. FUJITSU's downside and upside margins for the forecasting period are 14.97 and 19.10, respectively. We have considered FUJITSU'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
17.00
17.03
Expected Value
19.10
Upside

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 FUJITSU stock data series using in forecasting. Note that when a statistical model is used to represent FUJITSU 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 0.0592
MADMean absolute deviation0.2837
MAPEMean absolute percentage error0.0163
SAESum of the absolute errors17.021
As with simple exponential smoothing, in triple exponential smoothing models past FUJITSU 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 FUJITSU LTD ADR observations.

Predictive Modules for FUJITSU

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FUJITSU LTD 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
14.9417.0019.06
Details
Intrinsic
Valuation
LowRealHigh
15.1917.2519.31
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.3916.8217.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as FUJITSU. Your research has to be compared to or analyzed against FUJITSU's peers to derive any actionable benefits. When done correctly, FUJITSU'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 FUJITSU LTD ADR.

Other Forecasting Options for FUJITSU

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

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

FUJITSU LTD ADR 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 FUJITSU's 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 FUJITSU's current price.

FUJITSU Market Strength Events

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

FUJITSU Risk Indicators

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

Currently Active Assets on Macroaxis

Other Information on Investing in FUJITSU Stock

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