Kochav Defense Stock Forecast - Simple Exponential Smoothing
| KCHV Stock | 10.12 0.01 0.1% |
The Simple Exponential Smoothing forecasted value of Kochav Defense Acquisition on the next trading day is expected to be 10.12 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.65. Kochav Stock Forecast is based on your current time horizon.
Kochav Defense Simple Exponential Smoothing Price Forecast For the 27th of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Kochav Defense Acquisition on the next trading day is expected to be 10.12 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.65.Please note that although there have been many attempts to predict Kochav 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 Kochav Defense's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Kochav Defense Stock Forecast Pattern
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Kochav Defense Forecasted Value
In the context of forecasting Kochav Defense'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. Kochav Defense's downside and upside margins for the forecasting period are 9.96 and 10.28, respectively. We have considered Kochav Defense'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Kochav Defense stock data series using in forecasting. Note that when a statistical model is used to represent Kochav Defense 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 | 107.9149 |
| Bias | Arithmetic mean of the errors | -0.0026 |
| MAD | Mean absolute deviation | 0.0109 |
| MAPE | Mean absolute percentage error | 0.0011 |
| SAE | Sum of the absolute errors | 0.6534 |
Predictive Modules for Kochav Defense
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kochav Defense Acqui. 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 Kochav Defense
For every potential investor in Kochav, whether a beginner or expert, Kochav Defense's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kochav Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kochav. Basic forecasting techniques help filter out the noise by identifying Kochav Defense's price trends.Kochav Defense 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 Kochav Defense stock to make a market-neutral strategy. Peer analysis of Kochav Defense could also be used in its relative valuation, which is a method of valuing Kochav Defense by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kochav Defense Acqui 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 Kochav Defense'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 Kochav Defense's current price.| Cycle Indicators | ||
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Kochav Defense Market Strength Events
Market strength indicators help investors to evaluate how Kochav Defense stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kochav Defense shares will generate the highest return on investment. By undertsting and applying Kochav Defense stock market strength indicators, traders can identify Kochav Defense Acquisition entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.12 | |||
| Day Typical Price | 10.12 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Kochav Defense Risk Indicators
The analysis of Kochav Defense'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 Kochav Defense's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kochav 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 | 0.1045 | |||
| Semi Deviation | 0.0388 | |||
| Standard Deviation | 0.1588 | |||
| Variance | 0.0252 | |||
| Downside Variance | 0.0407 | |||
| Semi Variance | 0.0015 | |||
| Expected Short fall | (0.16) |
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 Kochav Stock Analysis
When running Kochav Defense's price analysis, check to measure Kochav Defense'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 Kochav Defense is operating at the current time. Most of Kochav Defense's value examination focuses on studying past and present price action to predict the probability of Kochav Defense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kochav Defense's price. Additionally, you may evaluate how the addition of Kochav Defense to your portfolios can decrease your overall portfolio volatility.