Peakstone Realty Stock Forecast - Double Exponential Smoothing

PKST Stock   12.73  0.01  0.08%   
The Double Exponential Smoothing forecasted value of Peakstone Realty Trust on the next trading day is expected to be 12.69 with a mean absolute deviation of 0.27 and the sum of the absolute errors of 16.08. Peakstone Stock Forecast is based on your current time horizon.
  
At this time, Peakstone Realty's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 6.29 in 2024, whereas Payables Turnover is likely to drop 1.31 in 2024. . Common Stock Shares Outstanding is likely to drop to about 34.2 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 1.4 M in 2024.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Peakstone Realty works best with periods where there are trends or seasonality.

Peakstone Realty Double Exponential Smoothing Price Forecast For the 23rd of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Peakstone Realty Trust on the next trading day is expected to be 12.69 with a mean absolute deviation of 0.27, mean absolute percentage error of 0.14, and the sum of the absolute errors of 16.08.
Please note that although there have been many attempts to predict Peakstone 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 Peakstone Realty's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Peakstone Realty Stock Forecast Pattern

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Peakstone Realty Forecasted Value

In the context of forecasting Peakstone Realty'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. Peakstone Realty's downside and upside margins for the forecasting period are 10.03 and 15.34, respectively. We have considered Peakstone Realty'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
12.73
12.69
Expected Value
15.34
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Peakstone Realty stock data series using in forecasting. Note that when a statistical model is used to represent Peakstone Realty 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 0.0608
MADMean absolute deviation0.2726
MAPEMean absolute percentage error0.02
SAESum of the absolute errors16.0847
When Peakstone Realty Trust 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 Peakstone Realty Trust trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Peakstone Realty observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Peakstone Realty

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Peakstone Realty Trust. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Peakstone Realty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
10.0712.7315.39
Details
Intrinsic
Valuation
LowRealHigh
8.5411.2013.86
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.4513.2814.10
Details
2 Analysts
Consensus
LowTargetHigh
15.4717.0018.87
Details

Other Forecasting Options for Peakstone Realty

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

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 Risk & Return  Correlation

Peakstone Realty Trust 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 Peakstone Realty'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 Peakstone Realty's current price.

Peakstone Realty Market Strength Events

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

Peakstone Realty Risk Indicators

The analysis of Peakstone Realty'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 Peakstone Realty's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting peakstone 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.

Thematic Opportunities

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Additional Tools for Peakstone Stock Analysis

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