RLH Properties Stock Forecast - Double Exponential Smoothing

RLHA Stock  MXN 16.50  0.00  0.00%   
The Double Exponential Smoothing forecasted value of RLH Properties SAB on the next trading day is expected to be 16.50 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. RLH Stock Forecast is based on your current time horizon.
  
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 RLH Properties works best with periods where there are trends or seasonality.

RLH Properties Double Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of RLH Properties SAB on the next trading day is expected to be 16.50 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 RLH 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 RLH Properties' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

RLH Properties Stock Forecast Pattern

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RLH Properties Forecasted Value

In the context of forecasting RLH Properties' 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. RLH Properties' downside and upside margins for the forecasting period are 16.50 and 16.50, respectively. We have considered RLH Properties' 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
16.50
16.50
Expected Value
16.50
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 RLH Properties stock data series using in forecasting. Note that when a statistical model is used to represent RLH Properties 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
When RLH Properties SAB 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 RLH Properties SAB 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 RLH Properties observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for RLH Properties

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RLH Properties SAB. 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
16.5016.5016.50
Details
Intrinsic
Valuation
LowRealHigh
16.5016.5016.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.5016.5016.50
Details

Other Forecasting Options for RLH Properties

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

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

RLH Properties SAB 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 RLH Properties' 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 RLH Properties' current price.

RLH Properties Market Strength Events

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

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.

Additional Tools for RLH Stock Analysis

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