Solstice Advanced Stock Forecast - Triple Exponential Smoothing

SOLS Stock  USD 49.28  0.70  1.44%   
The Triple Exponential Smoothing forecasted value of Solstice Advanced Materials on the next trading day is expected to be 49.28 with a mean absolute deviation of 1.78 and the sum of the absolute errors of 105.26. Solstice Stock Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Solstice Advanced's share price is below 20 . This usually implies that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Solstice Advanced'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 Solstice Advanced and does not consider all of the tangible or intangible factors available from Solstice Advanced's fundamental data. We analyze noise-free headlines and recent hype associated with Solstice Advanced Materials, which may create opportunities for some arbitrage if properly timed.
Using Solstice Advanced hype-based prediction, you can estimate the value of Solstice Advanced Materials from the perspective of Solstice Advanced response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Solstice Advanced Materials on the next trading day is expected to be 49.28 with a mean absolute deviation of 1.78 and the sum of the absolute errors of 105.26.

Solstice Advanced after-hype prediction price

    
  USD 48.59  
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 Solstice Advanced to cross-verify your projections.

Solstice Advanced Additional Predictive Modules

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

Solstice Advanced Triple Exponential Smoothing Price Forecast For the 3rd of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Solstice Advanced Materials on the next trading day is expected to be 49.28 with a mean absolute deviation of 1.78, mean absolute percentage error of 41.54, and the sum of the absolute errors of 105.26.
Please note that although there have been many attempts to predict Solstice 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 Solstice Advanced's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Solstice Advanced Stock Forecast Pattern

Backtest Solstice AdvancedSolstice Advanced Price PredictionBuy or Sell Advice 

Solstice Advanced Forecasted Value

In the context of forecasting Solstice Advanced'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. Solstice Advanced's downside and upside margins for the forecasting period are 46.16 and 52.40, respectively. We have considered Solstice Advanced'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
49.28
49.28
Expected Value
52.40
Upside

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 Solstice Advanced stock data series using in forecasting. Note that when a statistical model is used to represent Solstice Advanced 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 -0.8353
MADMean absolute deviation1.7841
MAPEMean absolute percentage error0.0375
SAESum of the absolute errors105.2599
As with simple exponential smoothing, in triple exponential smoothing models past Solstice Advanced 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 Solstice Advanced Materials observations.

Predictive Modules for Solstice Advanced

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solstice Advanced. 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
45.4848.5951.70
Details
Intrinsic
Valuation
LowRealHigh
36.2739.3853.48
Details
Bollinger
Band Projection (param)
LowMiddleHigh
44.6648.0151.35
Details

Other Forecasting Options for Solstice Advanced

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

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

Solstice Advanced 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 Solstice Advanced'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 Solstice Advanced's current price.

Solstice Advanced Market Strength Events

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

Solstice Advanced Risk Indicators

The analysis of Solstice Advanced'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 Solstice Advanced's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting solstice 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 Solstice Stock Analysis

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