Oasis Crescent Stock Forecast - Triple Exponential Smoothing

OAS Stock   1,950  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Oasis Crescent Property on the next trading day is expected to be 1,949 with a mean absolute deviation of 1.38 and the sum of the absolute errors of 81.71. Oasis Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Oasis Crescent stock prices and determine the direction of Oasis Crescent Property's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Oasis Crescent's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Oasis Crescent - 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 Oasis Crescent 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 Oasis Crescent price movement. However, neither of these exponential smoothing models address any seasonality of Oasis Crescent Property.

Oasis Crescent Triple Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Oasis Crescent Property on the next trading day is expected to be 1,949 with a mean absolute deviation of 1.38, mean absolute percentage error of 30.12, and the sum of the absolute errors of 81.71.
Please note that although there have been many attempts to predict Oasis 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 Oasis Crescent's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Oasis Crescent Stock Forecast Pattern

Backtest Oasis CrescentOasis Crescent Price PredictionBuy or Sell Advice 

Oasis Crescent Forecasted Value

In the context of forecasting Oasis Crescent'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. Oasis Crescent's downside and upside margins for the forecasting period are 1,948 and 1,949, respectively. We have considered Oasis Crescent'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
1,950
1,949
Expected Value
1,949
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 Oasis Crescent stock data series using in forecasting. Note that when a statistical model is used to represent Oasis Crescent 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 0.6143
MADMean absolute deviation1.3849
MAPEMean absolute percentage error7.0E-4
SAESum of the absolute errors81.7071
As with simple exponential smoothing, in triple exponential smoothing models past Oasis Crescent 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 Oasis Crescent Property observations.

Predictive Modules for Oasis Crescent

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oasis Crescent Property. 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
1,9501,9501,950
Details
Intrinsic
Valuation
LowRealHigh
1,8061,8072,145
Details
Bollinger
Band Projection (param)
LowMiddleHigh
1,9351,9481,962
Details

Other Forecasting Options for Oasis Crescent

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

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

Oasis Crescent Property 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 Oasis Crescent'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 Oasis Crescent's current price.

Oasis Crescent Market Strength Events

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

Oasis Crescent Risk Indicators

The analysis of Oasis Crescent'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 Oasis Crescent's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oasis 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.

Other Information on Investing in Oasis Stock

Oasis Crescent financial ratios help investors to determine whether Oasis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oasis with respect to the benefits of owning Oasis Crescent security.