Super Energy Stock Forecast - Double Exponential Smoothing

SUPER-R Stock  THB 0.52  0.00  0.00%   
The Double Exponential Smoothing forecasted value of Super Energy on the next trading day is expected to be 0.52 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.37. Super 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 Super Energy works best with periods where there are trends or seasonality.

Super Energy Double Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Super Energy on the next trading day is expected to be 0.52 with a mean absolute deviation of 0.04, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.37.
Please note that although there have been many attempts to predict Super 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 Super Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Super Energy Stock Forecast Pattern

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Super Energy Forecasted Value

In the context of forecasting Super Energy'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. Super Energy's downside and upside margins for the forecasting period are 0.01 and 180.36, respectively. We have considered Super Energy'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
0.52
0.52
Expected Value
180.36
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 Super Energy stock data series using in forecasting. Note that when a statistical model is used to represent Super Energy 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 0.0146
MADMean absolute deviation0.0401
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors2.3688
When Super Energy 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 Super Energy 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 Super Energy observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Super Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Super Energy. 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
0.030.5276.52
Details
Intrinsic
Valuation
LowRealHigh
0.020.3376.33
Details

Other Forecasting Options for Super Energy

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

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

Super Energy 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 Super Energy'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 Super Energy's current price.

Super Energy Market Strength Events

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

Super Energy Risk Indicators

The analysis of Super Energy'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 Super Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting super 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.

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Additional Tools for Super Stock Analysis

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