Washington Federal Preferred Stock Forecast - Triple Exponential Smoothing

Washington Federal Additional Predictive Modules

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

Washington Federal Triple Exponential Smoothing Price Forecast For the 28th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Washington Federal on the next trading day is expected to be 16.52 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.08.

Washington Federal Preferred Stock Forecast Pattern

Backtest Washington Federal

Washington Federal Price Prediction

Buy or Sell Advice

Washington Federal 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 Washington Federal preferred stock data series using in forecasting. Note that when a statistical model is used to represent Washington Federal preferred 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 Washington Federal 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 Washington Federal observations.

Predictive Modules for Washington Federal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Washington Federal. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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 16.08 16.54 17.00 Details

Intrinsic Valuation Low Real High 16.10 16.55 17.02 Details

Bollinger Band Projection (param) Low Middle High 16.37 16.67 16.96 Details

Washington Federal After-Hype Price Density Analysis

Washington Federal Estimiated After-Hype Price Volatility

Washington Federal Preferred Stock Price Outlook Analysis

Notes

Washington Federal Hype Timeline

Washington Federal is at this time traded for 16.54. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Washington is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.02%. %. The volatility of related hype on Washington Federal is about 78.23%, with the expected price after the next announcement by competition of 16.55. The company last dividend was issued on the 29th of December 2022. Assuming the 90 days horizon the next forecasted press release will be any time. Check out Historical Fundamental Analysis of Washington Federal to cross-verify your projections. To learn how to invest in Washington Preferred Stock, please use our How to Invest in Washington Federal guide.

Washington Federal Related Hype Analysis

Other Forecasting Options for Washington Federal

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

Washington Federal Related Equities

Risk & Return

Correlation

Washington Federal Market Strength Events

Washington Federal Risk Indicators

Story Coverage note for Washington Federal

Other Macroaxis Stories

Washington Federal Short Properties

Additional Tools for Washington Preferred Stock Analysis