Integrated Micro Stock Forecast - Simple Exponential Smoothing

IMI Stock   1.65  0.01  0.60%   
The Simple Exponential Smoothing forecasted value of Integrated Micro Electronics on the next trading day is expected to be 1.65 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.05. Integrated Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Integrated Micro stock prices and determine the direction of Integrated Micro Electronics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Integrated Micro's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Integrated Micro simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Integrated Micro Electronics are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Integrated Micro Ele prices get older.

Integrated Micro Simple Exponential Smoothing Price Forecast For the 24th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Integrated Micro Electronics on the next trading day is expected to be 1.65 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.05.
Please note that although there have been many attempts to predict Integrated 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 Integrated Micro's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Integrated Micro Stock Forecast Pattern

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Integrated Micro Forecasted Value

In the context of forecasting Integrated Micro'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. Integrated Micro's downside and upside margins for the forecasting period are 0.02 and 4.19, respectively. We have considered Integrated Micro'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
1.65
1.65
Expected Value
4.19
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Integrated Micro stock data series using in forecasting. Note that when a statistical model is used to represent Integrated Micro 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 Criteria110.0568
BiasArithmetic mean of the errors 0.001
MADMean absolute deviation0.0342
MAPEMean absolute percentage error0.0193
SAESum of the absolute errors2.049
This simple exponential smoothing model begins by setting Integrated Micro Electronics forecast for the second period equal to the observation of the first period. In other words, recent Integrated Micro observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Integrated Micro

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Integrated Micro Ele. 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
0.081.654.21
Details
Intrinsic
Valuation
LowRealHigh
0.091.704.26
Details

Other Forecasting Options for Integrated Micro

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

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

Integrated Micro Ele 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 Integrated Micro'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 Integrated Micro's current price.

Integrated Micro Market Strength Events

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

Integrated Micro Risk Indicators

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

Other Information on Investing in Integrated Stock

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