Marel Hf Stock Forecast - Simple Exponential Smoothing

Marel Hf 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 Marel hf are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Marel hf prices get older.

Marel Hf Simple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Marel hf on the next trading day is expected to be 622.00 with a mean absolute deviation of 5.31, mean absolute percentage error of 54.57, and the sum of the absolute errors of 324.00.

Marel Hf Stock Forecast Pattern

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Marel Hf Forecasted Value

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 Marel Hf stock data series using in forecasting. Note that when a statistical model is used to represent Marel Hf 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. This simple exponential smoothing model begins by setting Marel hf forecast for the second period equal to the observation of the first period. In other words, recent Marel Hf observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Marel Hf

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Marel hf. 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 620.70 622.00 623.30 Details

Intrinsic Valuation Low Real High 559.80 692.07 693.37 Details

Other Forecasting Options for Marel Hf

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

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Risk & Return

Correlation

Marel hf 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 Marel Hf'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 Marel Hf's current price.

Marel Hf Market Strength Events

Marel Hf Risk Indicators

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.

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