Sok Marketler Stock Forecast - Double Exponential Smoothing

SOKM Stock   41.04  0.64  1.58%   
The Double Exponential Smoothing forecasted value of Sok Marketler Ticaret on the next trading day is expected to be 41.13 with a mean absolute deviation of 0.83 and the sum of the absolute errors of 48.81. Sok 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 Sok Marketler works best with periods where there are trends or seasonality.

Sok Marketler Double Exponential Smoothing Price Forecast For the 2nd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Sok Marketler Ticaret on the next trading day is expected to be 41.13 with a mean absolute deviation of 0.83, mean absolute percentage error of 1.26, and the sum of the absolute errors of 48.81.
Please note that although there have been many attempts to predict Sok 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 Sok Marketler's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sok Marketler Stock Forecast Pattern

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Sok Marketler Forecasted Value

In the context of forecasting Sok Marketler'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. Sok Marketler's downside and upside margins for the forecasting period are 38.77 and 43.49, respectively. We have considered Sok Marketler'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
41.04
41.13
Expected Value
43.49
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 Sok Marketler stock data series using in forecasting. Note that when a statistical model is used to represent Sok Marketler 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 -0.1917
MADMean absolute deviation0.8273
MAPEMean absolute percentage error0.0192
SAESum of the absolute errors48.8127
When Sok Marketler Ticaret 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 Sok Marketler Ticaret 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 Sok Marketler observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Sok Marketler

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sok Marketler Ticaret. 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
38.6841.0443.40
Details
Intrinsic
Valuation
LowRealHigh
35.8138.1745.14
Details

Other Forecasting Options for Sok Marketler

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

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

Sok Marketler Ticaret 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 Sok Marketler'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 Sok Marketler's current price.

Sok Marketler Market Strength Events

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

Sok Marketler Risk Indicators

The analysis of Sok Marketler'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 Sok Marketler's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sok 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Sok Stock Analysis

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