Grupo Supervielle Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Grupo Supervielle - 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 Grupo Supervielle 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 Grupo Supervielle price movement. However, neither of these exponential smoothing models address any seasonality of Grupo Supervielle.

Grupo Supervielle Triple Exponential Smoothing Price Forecast For the 25th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Grupo Supervielle SA on the next trading day is expected to be 3,762 with a mean absolute deviation of 67.69, mean absolute percentage error of 9,975, and the sum of the absolute errors of 3,994.

Grupo Supervielle Stock Forecast Pattern

Backtest Grupo Supervielle

Grupo Supervielle Price Prediction

Buy or Sell Advice

Grupo Supervielle Forecasted Value

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 Grupo Supervielle stock data series using in forecasting. Note that when a statistical model is used to represent Grupo Supervielle 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 Grupo Supervielle 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 Grupo Supervielle SA observations.

Predictive Modules for Grupo Supervielle

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grupo Supervielle. 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 3,696 3,700 3,704 Details

Intrinsic Valuation Low Real High 3,330 3,959 3,963 Details

Other Forecasting Options for Grupo Supervielle

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

Grupo Supervielle Related Equities

Risk & Return

Correlation

Grupo Supervielle 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 Grupo Supervielle'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 Grupo Supervielle's current price.

Grupo Supervielle Market Strength Events

Grupo Supervielle Risk Indicators

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 Information and Resources on Investing in Grupo Stock

When determining whether Grupo Supervielle is a strong investment it is important to analyze Grupo Supervielle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Supervielle's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:

How To Invest In Grupo Details

Is Grupo Stock a good investment? Details

What is Grupo Supervielle's Net Worth? Details

Largest Diversified Banks Companies View

Largest Banks - Regional Companies View

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Grupo Supervielle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Supervielle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Supervielle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.