Tien Phong Stock Forecast - Simple Exponential Smoothing

Tien Phong 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 Tien Phong Plastic are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Tien Phong Plastic prices get older.

Tien Phong Simple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Tien Phong Plastic on the next trading day is expected to be 59,000 with a mean absolute deviation of 1,028, mean absolute percentage error of 1,977,500, and the sum of the absolute errors of 61,700.

Tien Phong Stock Forecast Pattern

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Tien Phong Price Prediction

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Tien Phong 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 Tien Phong stock data series using in forecasting. Note that when a statistical model is used to represent Tien Phong 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 Tien Phong Plastic forecast for the second period equal to the observation of the first period. In other words, recent Tien Phong observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Tien Phong

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tien Phong Plastic. 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 58,998 59,000 59,002 Details

Intrinsic Valuation Low Real High 53,100 61,450 61,452 Details

Bollinger Band Projection (param) Low Middle High 56,515 58,554 60,593 Details

Other Forecasting Options for Tien Phong

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

Tien Phong Related Equities

Risk & Return

Correlation

Tien Phong Plastic 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 Tien Phong'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 Tien Phong's current price.

Tien Phong Market Strength Events

Tien Phong Risk Indicators

Pair Trading with Tien Phong

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tien Phong position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tien Phong will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Tien Stock