Sri Rejeki Stock Forecast - Triple Exponential Smoothing

SRIL Stock  IDR 146.00  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Sri Rejeki IsmanPT on the next trading day is expected to be 146.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Sri Stock Forecast is based on your current time horizon.
  
Triple exponential smoothing for Sri Rejeki - 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 Sri Rejeki 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 Sri Rejeki price movement. However, neither of these exponential smoothing models address any seasonality of Sri Rejeki IsmanPT.

Sri Rejeki Triple Exponential Smoothing Price Forecast For the 23rd of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Sri Rejeki IsmanPT on the next trading day is expected to be 146.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Sri 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 Sri Rejeki's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sri Rejeki Stock Forecast Pattern

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Sri Rejeki Forecasted Value

In the context of forecasting Sri Rejeki'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. Sri Rejeki's downside and upside margins for the forecasting period are 146.00 and 146.00, respectively. We have considered Sri Rejeki'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
146.00
146.00
Downside
146.00
Expected Value
146.00
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 Sri Rejeki stock data series using in forecasting. Note that when a statistical model is used to represent Sri Rejeki 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 None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
As with simple exponential smoothing, in triple exponential smoothing models past Sri Rejeki 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 Sri Rejeki IsmanPT observations.

Predictive Modules for Sri Rejeki

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sri Rejeki IsmanPT. 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
146.00146.00146.00
Details
Intrinsic
Valuation
LowRealHigh
146.00146.00146.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
146.00146.00146.00
Details

Other Forecasting Options for Sri Rejeki

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

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

Sri Rejeki IsmanPT 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 Sri Rejeki'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 Sri Rejeki's current price.

Sri Rejeki Market Strength Events

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

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Other Information on Investing in Sri Stock

Sri Rejeki financial ratios help investors to determine whether Sri 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 Sri with respect to the benefits of owning Sri Rejeki security.