Ihlas Gazetecilik Stock Forecast - Double Exponential Smoothing

IHGZT Stock  TRY 1.85  0.15  8.82%   
The Double Exponential Smoothing forecasted value of Ihlas Gazetecilik AS on the next trading day is expected to be 1.89 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.45. Ihlas Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ihlas Gazetecilik's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
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 Ihlas Gazetecilik works best with periods where there are trends or seasonality.

Ihlas Gazetecilik Double Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Ihlas Gazetecilik AS on the next trading day is expected to be 1.89 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.45.
Please note that although there have been many attempts to predict Ihlas 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 Ihlas Gazetecilik's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ihlas Gazetecilik Stock Forecast Pattern

Backtest Ihlas GazetecilikIhlas Gazetecilik Price PredictionBuy or Sell Advice 

Ihlas Gazetecilik Forecasted Value

In the context of forecasting Ihlas Gazetecilik'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. Ihlas Gazetecilik's downside and upside margins for the forecasting period are 0.02 and 5.96, respectively. We have considered Ihlas Gazetecilik'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
1.85
1.89
Expected Value
5.96
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 Ihlas Gazetecilik stock data series using in forecasting. Note that when a statistical model is used to represent Ihlas Gazetecilik 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 -0.0116
MADMean absolute deviation0.0415
MAPEMean absolute percentage error0.0311
SAESum of the absolute errors2.4472
When Ihlas Gazetecilik AS 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 Ihlas Gazetecilik AS 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 Ihlas Gazetecilik observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Ihlas Gazetecilik

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ihlas Gazetecilik. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ihlas Gazetecilik's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.091.855.92
Details
Intrinsic
Valuation
LowRealHigh
0.071.395.46
Details

Other Forecasting Options for Ihlas Gazetecilik

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

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

Ihlas Gazetecilik 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 Ihlas Gazetecilik'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 Ihlas Gazetecilik's current price.

Ihlas Gazetecilik Market Strength Events

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

Ihlas Gazetecilik Risk Indicators

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Other Information on Investing in Ihlas Stock

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