PROSIEBENSAT1 MEDIADR4/ Stock Forecast - Simple Exponential Smoothing

PSMA Stock   1.15  0.03  2.54%   
The Simple Exponential Smoothing forecasted value of PROSIEBENSAT1 MEDIADR4 on the next trading day is expected to be 1.15 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.33. PROSIEBENSAT1 Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of PROSIEBENSAT1 MEDIADR4/'s historical fundamentals, such as revenue growth or operating cash flow patterns.
  
PROSIEBENSAT1 MEDIADR4/ 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 PROSIEBENSAT1 MEDIADR4 are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as PROSIEBENSAT1 MEDIADR4/ prices get older.

PROSIEBENSAT1 MEDIADR4/ Simple Exponential Smoothing Price Forecast For the 26th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of PROSIEBENSAT1 MEDIADR4 on the next trading day is expected to be 1.15 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0008, and the sum of the absolute errors of 1.33.
Please note that although there have been many attempts to predict PROSIEBENSAT1 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 PROSIEBENSAT1 MEDIADR4/'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

PROSIEBENSAT1 MEDIADR4/ Stock Forecast Pattern

PROSIEBENSAT1 MEDIADR4/ Forecasted Value

In the context of forecasting PROSIEBENSAT1 MEDIADR4/'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. PROSIEBENSAT1 MEDIADR4/'s downside and upside margins for the forecasting period are 0.01 and 3.28, respectively. We have considered PROSIEBENSAT1 MEDIADR4/'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
1.15
1.15
Expected Value
3.28
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 PROSIEBENSAT1 MEDIADR4/ stock data series using in forecasting. Note that when a statistical model is used to represent PROSIEBENSAT1 MEDIADR4/ 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 Criteria109.1925
BiasArithmetic mean of the errors 0.0038
MADMean absolute deviation0.0222
MAPEMean absolute percentage error0.0166
SAESum of the absolute errors1.33
This simple exponential smoothing model begins by setting PROSIEBENSAT1 MEDIADR4 forecast for the second period equal to the observation of the first period. In other words, recent PROSIEBENSAT1 MEDIADR4/ observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for PROSIEBENSAT1 MEDIADR4/

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PROSIEBENSAT1 MEDIADR4/. 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
0.061.153.28
Details
Intrinsic
Valuation
LowRealHigh
0.051.043.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PROSIEBENSAT1 MEDIADR4/. Your research has to be compared to or analyzed against PROSIEBENSAT1 MEDIADR4/'s peers to derive any actionable benefits. When done correctly, PROSIEBENSAT1 MEDIADR4/'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 PROSIEBENSAT1 MEDIADR4/.

Other Forecasting Options for PROSIEBENSAT1 MEDIADR4/

For every potential investor in PROSIEBENSAT1, whether a beginner or expert, PROSIEBENSAT1 MEDIADR4/'s price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PROSIEBENSAT1 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PROSIEBENSAT1. Basic forecasting techniques help filter out the noise by identifying PROSIEBENSAT1 MEDIADR4/'s price trends.

PROSIEBENSAT1 MEDIADR4/ 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 PROSIEBENSAT1 MEDIADR4/ stock to make a market-neutral strategy. Peer analysis of PROSIEBENSAT1 MEDIADR4/ could also be used in its relative valuation, which is a method of valuing PROSIEBENSAT1 MEDIADR4/ by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

PROSIEBENSAT1 MEDIADR4/ 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 PROSIEBENSAT1 MEDIADR4/'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 PROSIEBENSAT1 MEDIADR4/'s current price.

PROSIEBENSAT1 MEDIADR4/ Market Strength Events

Market strength indicators help investors to evaluate how PROSIEBENSAT1 MEDIADR4/ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PROSIEBENSAT1 MEDIADR4/ shares will generate the highest return on investment. By undertsting and applying PROSIEBENSAT1 MEDIADR4/ stock market strength indicators, traders can identify PROSIEBENSAT1 MEDIADR4 entry and exit signals to maximize returns.

PROSIEBENSAT1 MEDIADR4/ Risk Indicators

The analysis of PROSIEBENSAT1 MEDIADR4/'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 PROSIEBENSAT1 MEDIADR4/'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prosiebensat1 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 PROSIEBENSAT1 Stock

PROSIEBENSAT1 MEDIADR4/ financial ratios help investors to determine whether PROSIEBENSAT1 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 PROSIEBENSAT1 with respect to the benefits of owning PROSIEBENSAT1 MEDIADR4/ security.