Sunflow Sustain Stock Forecast - Simple Exponential Smoothing

SNFL Stock  ILS 541.00  21.70  3.86%   
The Simple Exponential Smoothing forecasted value of Sunflow Sustain on the next trading day is expected to be 541.00 with a mean absolute deviation of 9.80 and the sum of the absolute errors of 588.10. Sunflow Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sunflow Sustain stock prices and determine the direction of Sunflow Sustain's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sunflow Sustain's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Sunflow Sustain 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 Sunflow Sustain are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Sunflow Sustain prices get older.

Sunflow Sustain Simple Exponential Smoothing Price Forecast For the 4th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Sunflow Sustain on the next trading day is expected to be 541.00 with a mean absolute deviation of 9.80, mean absolute percentage error of 228.19, and the sum of the absolute errors of 588.10.
Please note that although there have been many attempts to predict Sunflow 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 Sunflow Sustain's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sunflow Sustain Stock Forecast Pattern

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Sunflow Sustain Forecasted Value

In the context of forecasting Sunflow Sustain'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. Sunflow Sustain's downside and upside margins for the forecasting period are 538.15 and 543.85, respectively. We have considered Sunflow Sustain'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
541.00
538.15
Downside
541.00
Expected Value
543.85
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 Sunflow Sustain stock data series using in forecasting. Note that when a statistical model is used to represent Sunflow Sustain 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 Criteria121.7028
BiasArithmetic mean of the errors -0.0683
MADMean absolute deviation9.8017
MAPEMean absolute percentage error0.0184
SAESum of the absolute errors588.1
This simple exponential smoothing model begins by setting Sunflow Sustain forecast for the second period equal to the observation of the first period. In other words, recent Sunflow Sustain observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Sunflow Sustain

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunflow Sustain. 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
538.15541.00543.85
Details
Intrinsic
Valuation
LowRealHigh
532.65535.50595.10
Details
Bollinger
Band Projection (param)
LowMiddleHigh
494.77524.01553.24
Details

Other Forecasting Options for Sunflow Sustain

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

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

Sunflow Sustain 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 Sunflow Sustain'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 Sunflow Sustain's current price.

Sunflow Sustain Market Strength Events

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

Sunflow Sustain Risk Indicators

The analysis of Sunflow Sustain'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 Sunflow Sustain's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sunflow 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.

Other Information on Investing in Sunflow Stock

Sunflow Sustain financial ratios help investors to determine whether Sunflow 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 Sunflow with respect to the benefits of owning Sunflow Sustain security.