Plan B Stock Forecast - Triple Exponential Smoothing

PLANB Stock  THB 7.15  0.05  0.70%   
The Triple Exponential Smoothing forecasted value of Plan B Media on the next trading day is expected to be 7.38 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 21.83. Plan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Plan B stock prices and determine the direction of Plan B Media's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Plan B's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Plan B - 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 Plan B 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 Plan B price movement. However, neither of these exponential smoothing models address any seasonality of Plan B Media.

Plan B Triple Exponential Smoothing Price Forecast For the 25th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Plan B Media on the next trading day is expected to be 7.38 with a mean absolute deviation of 0.37, mean absolute percentage error of 1.42, and the sum of the absolute errors of 21.83.
Please note that although there have been many attempts to predict Plan 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 Plan B's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Plan B Stock Forecast Pattern

Backtest Plan BPlan B Price PredictionBuy or Sell Advice 

Plan B Forecasted Value

In the context of forecasting Plan B'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. Plan B's downside and upside margins for the forecasting period are 0.07 and 133.22, respectively. We have considered Plan B'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
7.15
7.38
Expected Value
133.22
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 Plan B stock data series using in forecasting. Note that when a statistical model is used to represent Plan B 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 0.1513
MADMean absolute deviation0.3699
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors21.826
As with simple exponential smoothing, in triple exponential smoothing models past Plan B 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 Plan B Media observations.

Predictive Modules for Plan B

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plan B Media. 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
0.367.15722.15
Details
Intrinsic
Valuation
LowRealHigh
0.244.81719.81
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Plan B. Your research has to be compared to or analyzed against Plan B's peers to derive any actionable benefits. When done correctly, Plan B's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Plan B Media.

Other Forecasting Options for Plan B

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

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

Plan B Media 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 Plan B'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 Plan B's current price.

Plan B Market Strength Events

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

Plan B Risk Indicators

The analysis of Plan B'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 Plan B's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting plan 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.

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Other Information on Investing in Plan Stock

Plan B financial ratios help investors to determine whether Plan 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 Plan with respect to the benefits of owning Plan B security.