Coliseum Acquisition Stock Forecast - Triple Exponential Smoothing

MITAW Stock  USD 0.11  0.02  22.22%   
The Triple Exponential Smoothing forecasted value of Coliseum Acquisition Corp on the next trading day is expected to be 0.1 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.98. Coliseum Stock Forecast is based on your current time horizon.
  
Triple exponential smoothing for Coliseum Acquisition - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Coliseum Acquisition 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 trend in Coliseum Acquisition price movement. However, neither of these exponential smoothing models address any seasonality of Coliseum Acquisition Corp.

Coliseum Acquisition Triple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Coliseum Acquisition Corp on the next trading day is expected to be 0.1 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0007, and the sum of the absolute errors of 0.98.
Please note that although there have been many attempts to predict Coliseum 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 Coliseum Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Coliseum Acquisition Stock Forecast Pattern

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Coliseum Acquisition Forecasted Value

In the context of forecasting Coliseum Acquisition'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. Coliseum Acquisition's downside and upside margins for the forecasting period are 0 and 235.27, respectively. We have considered Coliseum Acquisition'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
0.11
0.1
Expected Value
235.27
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Coliseum Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent Coliseum Acquisition 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 -0.0013
MADMean absolute deviation0.0165
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors0.9757
As with simple exponential smoothing, in triple exponential smoothing models past Coliseum Acquisition observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Coliseum Acquisition Corp observations.

Predictive Modules for Coliseum Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coliseum Acquisition Corp. 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
0.010.1155.61
Details
Intrinsic
Valuation
LowRealHigh
0.000.155.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.030.050.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Coliseum Acquisition. Your research has to be compared to or analyzed against Coliseum Acquisition's peers to derive any actionable benefits. When done correctly, Coliseum Acquisition's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Coliseum Acquisition Corp.

Other Forecasting Options for Coliseum Acquisition

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

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

Coliseum Acquisition Corp 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 Coliseum Acquisition'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 Coliseum Acquisition's current price.

Coliseum Acquisition Market Strength Events

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

Coliseum Acquisition Risk Indicators

The analysis of Coliseum Acquisition'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 Coliseum Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting coliseum 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.

Additional Tools for Coliseum Stock Analysis

When running Coliseum Acquisition's price analysis, check to measure Coliseum Acquisition'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 Coliseum Acquisition is operating at the current time. Most of Coliseum Acquisition's value examination focuses on studying past and present price action to predict the probability of Coliseum Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coliseum Acquisition's price. Additionally, you may evaluate how the addition of Coliseum Acquisition to your portfolios can decrease your overall portfolio volatility.