Kinh Bac Stock Forecast - Double Exponential Smoothing

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 Kinh Bac works best with periods where there are trends or seasonality.

Kinh Bac Double Exponential Smoothing Price Forecast For the 26th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Kinh Bac City on the next trading day is expected to be 28,850 with a mean absolute deviation of 455.93, mean absolute percentage error of 406,969, and the sum of the absolute errors of 26,900.

Kinh Bac Stock Forecast Pattern

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Kinh Bac Forecasted Value

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 Kinh Bac stock data series using in forecasting. Note that when a statistical model is used to represent Kinh Bac 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. When Kinh Bac City 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 Kinh Bac City 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 Kinh Bac observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Kinh Bac

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kinh Bac City. 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 Low Estimated High 28,698 28,700 28,702 Details

Intrinsic Valuation Low Real High 23,444 23,446 31,570 Details

Bollinger Band Projection (param) Low Middle High 25,881 27,533 29,185 Details

Other Forecasting Options for Kinh Bac

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

Kinh Bac Related Equities

Risk & Return

Correlation

Kinh Bac City 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 Kinh Bac'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 Kinh Bac's current price.

Kinh Bac Market Strength Events

Kinh Bac Risk Indicators

Pair Trading with Kinh Bac

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kinh Bac position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kinh Bac will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Kinh Stock