AOI Electronics Stock Forecast - Triple Exponential Smoothing

OIA Stock  EUR 18.68  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of AOI Electronics Co on the next trading day is expected to be 18.68 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. AOI Stock Forecast is based on your current time horizon.
  
Triple exponential smoothing for AOI Electronics - 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 AOI Electronics 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 AOI Electronics price movement. However, neither of these exponential smoothing models address any seasonality of AOI Electronics.

AOI Electronics Triple Exponential Smoothing Price Forecast For the 27th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of AOI Electronics Co on the next trading day is expected to be 18.68 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict AOI 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 AOI Electronics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AOI Electronics Stock Forecast Pattern

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AOI Electronics Forecasted Value

In the context of forecasting AOI Electronics' 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. AOI Electronics' downside and upside margins for the forecasting period are 18.68 and 18.68, respectively. We have considered AOI Electronics' 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
18.68
18.68
Expected Value
18.68
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 AOI Electronics stock data series using in forecasting. Note that when a statistical model is used to represent AOI Electronics 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 None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
As with simple exponential smoothing, in triple exponential smoothing models past AOI Electronics 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 AOI Electronics Co observations.

Predictive Modules for AOI Electronics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AOI Electronics. 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
18.6818.6818.68
Details
Intrinsic
Valuation
LowRealHigh
18.6818.6818.68
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.6818.6818.68
Details

Other Forecasting Options for AOI Electronics

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

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

AOI Electronics 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 AOI Electronics' 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 AOI Electronics' current price.

AOI Electronics Market Strength Events

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

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for AOI Stock Analysis

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