Motus Holdings Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Motus Holdings - 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 Motus Holdings 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 Motus Holdings price movement. However, neither of these exponential smoothing models address any seasonality of Motus Holdings.

Motus Holdings Triple Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Motus Holdings on the next trading day is expected to be 12,332 with a mean absolute deviation of 120.08, mean absolute percentage error of 23,075, and the sum of the absolute errors of 7,085.

Motus Holdings Stock Forecast Pattern

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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 Motus Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Motus Holdings 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. As with simple exponential smoothing, in triple exponential smoothing models past Motus Holdings 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 Motus Holdings observations.

Predictive Modules for Motus Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Motus Holdings. 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 12,454 12,455 12,456 Details

Intrinsic Valuation Low Real High 10,258 10,260 13,700 Details

Other Forecasting Options for Motus Holdings

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

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Motus Holdings 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 Motus Holdings' 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 Motus Holdings' current price.

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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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