So Martinho Stock Forward View - Simple Exponential Smoothing

SMTO3 Stock  BRL 16.09  0.34  2.16%   
SMTO3 Stock outlook is based on your current time horizon.
At this time, the value of RSI of So Martinho's share price is approaching 43. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling So Martinho, making its price go up or down.

Momentum 43

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of So Martinho's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of So Martinho and does not consider all of the tangible or intangible factors available from So Martinho's fundamental data. We analyze noise-free headlines and recent hype associated with So Martinho SA, which may create opportunities for some arbitrage if properly timed.
Using So Martinho hype-based prediction, you can estimate the value of So Martinho SA from the perspective of So Martinho response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of So Martinho SA on the next trading day is expected to be 16.07 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 20.92.

So Martinho after-hype prediction price

    
  BRL 16.09  
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 Historical Fundamental Analysis of So Martinho to cross-verify your projections.

So Martinho Additional Predictive Modules

Most predictive techniques to examine SMTO3 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SMTO3 using various technical indicators. When you analyze SMTO3 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.
So Martinho 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 So Martinho SA are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as So Martinho SA prices get older.

So Martinho Simple Exponential Smoothing Price Forecast For the 22nd of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of So Martinho SA on the next trading day is expected to be 16.07 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.26, and the sum of the absolute errors of 20.92.
Please note that although there have been many attempts to predict SMTO3 Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that So Martinho's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

So Martinho Stock Forecast Pattern

Backtest So Martinho  So Martinho Price Prediction  Research Analysis  

So Martinho Forecasted Value

In the context of forecasting So Martinho'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. So Martinho's downside and upside margins for the forecasting period are 12.49 and 19.66, respectively. We have considered So Martinho'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
16.09
16.07
Expected Value
19.66
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 So Martinho stock data series using in forecasting. Note that when a statistical model is used to represent So Martinho 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 Criteria114.9122
BiasArithmetic mean of the errors -0.0568
MADMean absolute deviation0.3486
MAPEMean absolute percentage error0.0229
SAESum of the absolute errors20.9172
This simple exponential smoothing model begins by setting So Martinho SA forecast for the second period equal to the observation of the first period. In other words, recent So Martinho observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for So Martinho

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as So Martinho SA. 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
12.5016.0919.68
Details
Intrinsic
Valuation
LowRealHigh
9.3812.9716.56
Details
Bollinger
Band Projection (param)
LowMiddleHigh
6.8115.6824.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as So Martinho. Your research has to be compared to or analyzed against So Martinho's peers to derive any actionable benefits. When done correctly, So Martinho'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 So Martinho SA.

So Martinho After-Hype Price Density Analysis

As far as predicting the price of So Martinho at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in So Martinho or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of So Martinho, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

So Martinho Estimiated After-Hype Price Volatility

In the context of predicting So Martinho's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on So Martinho's historical news coverage. So Martinho's after-hype downside and upside margins for the prediction period are 12.50 and 19.68, respectively. We have considered So Martinho's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
16.09
16.09
After-hype Price
19.68
Upside
So Martinho is somewhat reliable at this time. Analysis and calculation of next after-hype price of So Martinho SA is based on 3 months time horizon.

So Martinho Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as So Martinho is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading So Martinho backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with So Martinho, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.39 
3.59
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
16.09
16.09
0.00 
0.00  
Notes

So Martinho Hype Timeline

So Martinho SA is at this time traded for 16.09on Sao Paulo Exchange of Brazil. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. SMTO3 is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.39%. %. The volatility of related hype on So Martinho is about 0.0%, with the expected price after the next announcement by competition of 16.09. About 54.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.5. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. So Martinho SA has Price/Earnings To Growth (PEG) ratio of 0.18. The entity last dividend was issued on the 16th of December 2022. The firm had 3:1 split on the 12th of December 2016. Assuming the 90 days trading horizon the next projected press release will be within a week.
Check out Historical Fundamental Analysis of So Martinho to cross-verify your projections.

So Martinho Related Hype Analysis

Having access to credible news sources related to So Martinho's direct competition is more important than ever and may enhance your ability to predict So Martinho's future price movements. Getting to know how So Martinho's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how So Martinho may potentially react to the hype associated with one of its peers.

Other Forecasting Options for So Martinho

For every potential investor in SMTO3, whether a beginner or expert, So Martinho's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SMTO3 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SMTO3. Basic forecasting techniques help filter out the noise by identifying So Martinho's price trends.

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

So Martinho Market Strength Events

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

So Martinho Risk Indicators

The analysis of So Martinho'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 So Martinho's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting smto3 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.

Story Coverage note for So Martinho

The number of cover stories for So Martinho depends on current market conditions and So Martinho's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that So Martinho is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about So Martinho's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

So Martinho Short Properties

So Martinho's future price predictability will typically decrease when So Martinho's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of So Martinho SA often depends not only on the future outlook of the potential So Martinho's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. So Martinho's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding346.4 M
Cash And Short Term InvestmentsB

Additional Tools for SMTO3 Stock Analysis

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