Santech Holdings Stock Forward View - Triple Exponential Smoothing

Santech Holdings Additional Predictive Modules

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

Santech Holdings Triple Exponential Smoothing Price Forecast For the 1st of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Santech Holdings Limited on the next trading day is expected to be 365.63 with a mean absolute deviation of 33.84, mean absolute percentage error of 6,789, and the sum of the absolute errors of 1,997.

Santech Holdings Stock Forecast Pattern

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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 Santech Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Santech Holdings 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. As with simple exponential smoothing, in triple exponential smoothing models past Santech Holdings 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 Santech Holdings Limited observations.

Predictive Modules for Santech Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Santech Holdings. 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 Low Estimated High 17.12 342.37 34,482 Details

Intrinsic Valuation Low Real High 11.18 223.70 34,364 Details

Bollinger Band Projection (param) Low Middle High -6.37 276.84 560.04 Details

Santech Holdings After-Hype Price Density Analysis

Santech Holdings Estimiated After-Hype Price Volatility

Santech Holdings Stock Price Outlook Analysis

Notes

Santech Holdings Hype Timeline

Santech Holdings is at this time traded for 341.40. The entity has historical hype elasticity of 0.97, and average elasticity to hype of competition of -2.37. Santech is forecasted to increase in value after the next headline, with the price projected to jump to 342.37 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 0.28%, whereas the daily expected return is at this time at 48.41%. The volatility of related hype on Santech Holdings is about 455428.57%, with the expected price after the next announcement by competition of 339.03. The company reported the previous year's revenue of 28.02 M. Net Loss for the year was (743 K) with profit before overhead, payroll, taxes, and interest of 10.67 M. Given the investment horizon of 90 days the next forecasted press release will be in about 6 days. Check out Historical Fundamental Analysis of Santech Holdings to cross-verify your projections.

Santech Holdings Related Hype Analysis

Other Forecasting Options for Santech Holdings

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

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Correlation

Santech Holdings Market Strength Events

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Story Coverage note for Santech Holdings

Santech Holdings Short Properties

Other Consideration for investing in Santech Stock