HCM III Stock Forecast - Double Exponential Smoothing
| HCMAU Stock | USD 10.24 0.02 0.19% |
The Double Exponential Smoothing forecasted value of HCM III Acquisition on the next trading day is expected to be 10.24 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.17. HCM Stock Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of HCM III's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using HCM III hype-based prediction, you can estimate the value of HCM III Acquisition from the perspective of HCM III response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of HCM III Acquisition on the next trading day is expected to be 10.24 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.17. HCM III after-hype prediction price | USD 10.24 |
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 HCM III to cross-verify your projections. HCM III Additional Predictive Modules
Most predictive techniques to examine HCM price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for HCM using various technical indicators. When you analyze HCM 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
HCM III Double Exponential Smoothing Price Forecast For the 19th of January
Given 90 days horizon, the Double Exponential Smoothing forecasted value of HCM III Acquisition on the next trading day is expected to be 10.24 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.17.Please note that although there have been many attempts to predict HCM 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 HCM III's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
HCM III Stock Forecast Pattern
| Backtest HCM III | HCM III Price Prediction | Buy or Sell Advice |
HCM III Forecasted Value
In the context of forecasting HCM III'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. HCM III's downside and upside margins for the forecasting period are 9.92 and 10.56, respectively. We have considered HCM III'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.
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 HCM III stock data series using in forecasting. Note that when a statistical model is used to represent HCM III 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0033 |
| MAD | Mean absolute deviation | 0.0198 |
| MAPE | Mean absolute percentage error | 0.0019 |
| SAE | Sum of the absolute errors | 1.1656 |
Predictive Modules for HCM III
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HCM III Acquisition. 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 HCM III
For every potential investor in HCM, whether a beginner or expert, HCM III's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HCM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HCM. Basic forecasting techniques help filter out the noise by identifying HCM III's price trends.HCM III 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 HCM III stock to make a market-neutral strategy. Peer analysis of HCM III could also be used in its relative valuation, which is a method of valuing HCM III by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HCM III Acquisition 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 HCM III'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 HCM III's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
HCM III Market Strength Events
Market strength indicators help investors to evaluate how HCM III stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HCM III shares will generate the highest return on investment. By undertsting and applying HCM III stock market strength indicators, traders can identify HCM III Acquisition entry and exit signals to maximize returns.
HCM III Risk Indicators
The analysis of HCM III'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 HCM III's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hcm 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.
| Mean Deviation | 0.2002 | |||
| Standard Deviation | 0.3404 | |||
| Variance | 0.1159 |
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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Additional Tools for HCM Stock Analysis
When running HCM III's price analysis, check to measure HCM III's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HCM III is operating at the current time. Most of HCM III's value examination focuses on studying past and present price action to predict the probability of HCM III's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HCM III's price. Additionally, you may evaluate how the addition of HCM III to your portfolios can decrease your overall portfolio volatility.