Rottneros Stock Forward View - Triple Exponential Smoothing

Rottneros Additional Predictive Modules

Most predictive techniques to examine Rottneros price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Rottneros using various technical indicators. When you analyze Rottneros 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. Triple exponential smoothing for Rottneros - 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 Rottneros 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 Rottneros price movement. However, neither of these exponential smoothing models address any seasonality of Rottneros AB.

Rottneros Triple Exponential Smoothing Price Forecast For the 8th of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Rottneros AB on the next trading day is expected to be 2.36 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.13.

Rottneros Stock Forecast Pattern

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Rottneros Price Prediction

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Rottneros Forecasted Value

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 Rottneros stock data series using in forecasting. Note that when a statistical model is used to represent Rottneros 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. As with simple exponential smoothing, in triple exponential smoothing models past Rottneros 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 Rottneros AB observations.

Predictive Modules for Rottneros

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rottneros AB. 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 Low Estimated High 0.12 2.37 5.29 Details

Intrinsic Valuation Low Real High 0.12 2.47 5.39 Details

Bollinger Band Projection (param) Low Middle High 2.22 2.66 3.11 Details

Rottneros After-Hype Price Density Analysis

Rottneros Estimiated After-Hype Price Volatility

Rottneros Stock Price Outlook Analysis

Notes

Rottneros Hype Timeline

Rottneros AB is at this time traded for 2.37on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Rottneros is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at -0.18%. %. The volatility of related hype on Rottneros is about 0.0%, with the expected price after the next announcement by competition of 2.37. About 61.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.84. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Rottneros AB last dividend was issued on the 29th of April 2022. The entity had 1:10 split on the 5th of May 2010. Assuming the 90 days trading horizon the next anticipated press release will be within a week. Check out Historical Fundamental Analysis of Rottneros to cross-verify your projections.

Rottneros Related Hype Analysis

Other Forecasting Options for Rottneros

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

Rottneros Related Equities

Risk & Return

Correlation

Rottneros Market Strength Events

Rottneros Risk Indicators

Story Coverage note for Rottneros

Other Macroaxis Stories

Rottneros Short Properties

Additional Tools for Rottneros Stock Analysis