MoneysupermarketCom Stock Forecast - Triple Exponential Smoothing
| MONY Stock | 199.30 2.20 1.12% |
The Triple Exponential Smoothing forecasted value of MoneysupermarketCom Group PLC on the next trading day is expected to be 200.75 with a mean absolute deviation of 2.71 and the sum of the absolute errors of 162.70. MoneysupermarketCom Stock Forecast is based on your current time horizon.
MoneysupermarketCom |
MoneysupermarketCom Triple Exponential Smoothing Price Forecast For the 30th of November
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of MoneysupermarketCom Group PLC on the next trading day is expected to be 200.75 with a mean absolute deviation of 2.71, mean absolute percentage error of 15.88, and the sum of the absolute errors of 162.70.Please note that although there have been many attempts to predict MoneysupermarketCom 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 MoneysupermarketCom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MoneysupermarketCom Stock Forecast Pattern
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MoneysupermarketCom Forecasted Value
In the context of forecasting MoneysupermarketCom'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. MoneysupermarketCom's downside and upside margins for the forecasting period are 199.08 and 202.41, respectively. We have considered MoneysupermarketCom'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of MoneysupermarketCom stock data series using in forecasting. Note that when a statistical model is used to represent MoneysupermarketCom 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.5045 |
| MAD | Mean absolute deviation | 2.7117 |
| MAPE | Mean absolute percentage error | 0.0136 |
| SAE | Sum of the absolute errors | 162.7015 |
Predictive Modules for MoneysupermarketCom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MoneysupermarketCom. 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 MoneysupermarketCom
For every potential investor in MoneysupermarketCom, whether a beginner or expert, MoneysupermarketCom's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MoneysupermarketCom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MoneysupermarketCom. Basic forecasting techniques help filter out the noise by identifying MoneysupermarketCom's price trends.MoneysupermarketCom 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 MoneysupermarketCom stock to make a market-neutral strategy. Peer analysis of MoneysupermarketCom could also be used in its relative valuation, which is a method of valuing MoneysupermarketCom by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MoneysupermarketCom 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 MoneysupermarketCom'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 MoneysupermarketCom's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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MoneysupermarketCom Market Strength Events
Market strength indicators help investors to evaluate how MoneysupermarketCom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MoneysupermarketCom shares will generate the highest return on investment. By undertsting and applying MoneysupermarketCom stock market strength indicators, traders can identify MoneysupermarketCom Group PLC entry and exit signals to maximize returns.
| Accumulation Distribution | 30137.19 | |||
| Daily Balance Of Power | 0.25 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 196.2 | |||
| Day Typical Price | 197.23 | |||
| Price Action Indicator | 4.2 | |||
| Period Momentum Indicator | 2.2 |
MoneysupermarketCom Risk Indicators
The analysis of MoneysupermarketCom'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 MoneysupermarketCom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting moneysupermarketcom 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 | 1.23 | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.74 |
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 MoneysupermarketCom Stock Analysis
When running MoneysupermarketCom's price analysis, check to measure MoneysupermarketCom'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 MoneysupermarketCom is operating at the current time. Most of MoneysupermarketCom's value examination focuses on studying past and present price action to predict the probability of MoneysupermarketCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MoneysupermarketCom's price. Additionally, you may evaluate how the addition of MoneysupermarketCom to your portfolios can decrease your overall portfolio volatility.