Sulzer AG Stock Forecast - Double Exponential Smoothing

SUN Stock  CHF 151.80  3.00  2.02%   
The Double Exponential Smoothing forecasted value of Sulzer AG on the next trading day is expected to be 152.60 with a mean absolute deviation of 1.56 and the sum of the absolute errors of 93.80. Sulzer Stock Forecast is based on your current time horizon.
At this time The value of RSI of Sulzer AG's share price is above 80 . This usually implies that the stock is significantly overbought by investors. 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 82

 Buy Peaked

 
Oversold
 
Overbought
The successful prediction of Sulzer AG'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 Sulzer AG and does not consider all of the tangible or intangible factors available from Sulzer AG's fundamental data. We analyze noise-free headlines and recent hype associated with Sulzer AG, which may create opportunities for some arbitrage if properly timed.
Using Sulzer AG hype-based prediction, you can estimate the value of Sulzer AG from the perspective of Sulzer AG response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Sulzer AG on the next trading day is expected to be 152.60 with a mean absolute deviation of 1.56 and the sum of the absolute errors of 93.80.

Sulzer AG after-hype prediction price

    
  CHF 151.8  
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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Sulzer AG Additional Predictive Modules

Most predictive techniques to examine Sulzer price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sulzer using various technical indicators. When you analyze Sulzer 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.
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 Sulzer AG works best with periods where there are trends or seasonality.

Sulzer AG Double Exponential Smoothing Price Forecast For the 7th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Sulzer AG on the next trading day is expected to be 152.60 with a mean absolute deviation of 1.56, mean absolute percentage error of 4.58, and the sum of the absolute errors of 93.80.
Please note that although there have been many attempts to predict Sulzer 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 Sulzer AG's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sulzer AG Stock Forecast Pattern

Backtest Sulzer AGSulzer AG Price PredictionBuy or Sell Advice 

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 Sulzer AG stock data series using in forecasting. Note that when a statistical model is used to represent Sulzer AG 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 0.5767
MADMean absolute deviation1.5633
MAPEMean absolute percentage error0.0115
SAESum of the absolute errors93.8
When Sulzer AG 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 Sulzer AG 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 Sulzer AG observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Sulzer AG

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sulzer AG. 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
150.26151.80153.34
Details
Intrinsic
Valuation
LowRealHigh
120.68122.22166.98
Details
Bollinger
Band Projection (param)
LowMiddleHigh
144.38148.73153.08
Details

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

Sulzer AG Market Strength Events

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

Sulzer AG Risk Indicators

The analysis of Sulzer AG'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 Sulzer AG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sulzer 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.

Additional Tools for Sulzer Stock Analysis

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