Planisware SAS Stock Forecast - Simple Exponential Smoothing

PLNW Stock   23.60  0.15  0.64%   
The Simple Exponential Smoothing forecasted value of Planisware SAS on the next trading day is expected to be 23.60 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 20.32. Investors can use prediction functions to forecast Planisware SAS's stock prices and determine the direction of Planisware SAS's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Planisware SAS's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time the value of rsi of Planisware SAS's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Planisware SAS's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Planisware SAS, which may create opportunities for some arbitrage if properly timed.
Using Planisware SAS hype-based prediction, you can estimate the value of Planisware SAS from the perspective of Planisware SAS response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Planisware SAS on the next trading day is expected to be 23.60 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 20.32.

Planisware SAS after-hype prediction price

    
  EUR 23.6  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Planisware SAS Additional Predictive Modules

Most predictive techniques to examine Planisware price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Planisware using various technical indicators. When you analyze Planisware charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Planisware SAS 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 Planisware SAS are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Planisware SAS prices get older.

Planisware SAS Simple Exponential Smoothing Price Forecast For the 3rd of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Planisware SAS on the next trading day is expected to be 23.60 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.20, and the sum of the absolute errors of 20.32.
Please note that although there have been many attempts to predict Planisware 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 Planisware SAS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Planisware SAS Stock Forecast Pattern

Planisware SAS Forecasted Value

In the context of forecasting Planisware SAS'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. Planisware SAS's downside and upside margins for the forecasting period are 21.43 and 25.77, respectively. We have considered Planisware SAS'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
23.60
23.60
Expected Value
25.77
Upside

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 Planisware SAS stock data series using in forecasting. Note that when a statistical model is used to represent Planisware SAS 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 Criteria114.6408
BiasArithmetic mean of the errors -0.0483
MADMean absolute deviation0.3387
MAPEMean absolute percentage error0.0163
SAESum of the absolute errors20.32
This simple exponential smoothing model begins by setting Planisware SAS forecast for the second period equal to the observation of the first period. In other words, recent Planisware SAS observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Planisware SAS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Planisware SAS. 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.

Other Forecasting Options for Planisware SAS

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

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

Planisware SAS 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 Planisware SAS'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 Planisware SAS's current price.

Planisware SAS Market Strength Events

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

Planisware SAS Risk Indicators

The analysis of Planisware SAS'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 Planisware SAS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting planisware 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.