HIAG Immobilien Stock Forecast - Double Exponential Smoothing

HIAG Stock  CHF 82.40  1.60  1.98%   
The Double Exponential Smoothing forecasted value of HIAG Immobilien Holding on the next trading day is expected to be 82.78 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 24.23. HIAG Stock Forecast is based on your current time horizon.
  
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 HIAG Immobilien works best with periods where there are trends or seasonality.

HIAG Immobilien Double Exponential Smoothing Price Forecast For the 24th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of HIAG Immobilien Holding on the next trading day is expected to be 82.78 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.28, and the sum of the absolute errors of 24.23.
Please note that although there have been many attempts to predict HIAG 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 HIAG Immobilien's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

HIAG Immobilien Stock Forecast Pattern

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HIAG Immobilien Forecasted Value

In the context of forecasting HIAG Immobilien'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. HIAG Immobilien's downside and upside margins for the forecasting period are 82.18 and 83.39, respectively. We have considered HIAG Immobilien'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
82.40
82.78
Expected Value
83.39
Upside

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 HIAG Immobilien stock data series using in forecasting. Note that when a statistical model is used to represent HIAG Immobilien 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 -0.0583
MADMean absolute deviation0.4106
MAPEMean absolute percentage error0.005
SAESum of the absolute errors24.226
When HIAG Immobilien Holding 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 HIAG Immobilien Holding 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 HIAG Immobilien observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for HIAG Immobilien

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HIAG Immobilien Holding. 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
81.8082.4083.00
Details
Intrinsic
Valuation
LowRealHigh
74.1696.0596.65
Details
Bollinger
Band Projection (param)
LowMiddleHigh
80.3681.8783.38
Details

Other Forecasting Options for HIAG Immobilien

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

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

HIAG Immobilien Holding 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 HIAG Immobilien'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 HIAG Immobilien's current price.

HIAG Immobilien Market Strength Events

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

HIAG Immobilien Risk Indicators

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for HIAG Stock Analysis

When running HIAG Immobilien's price analysis, check to measure HIAG Immobilien'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 HIAG Immobilien is operating at the current time. Most of HIAG Immobilien's value examination focuses on studying past and present price action to predict the probability of HIAG Immobilien's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIAG Immobilien's price. Additionally, you may evaluate how the addition of HIAG Immobilien to your portfolios can decrease your overall portfolio volatility.