KT Submarine Stock Forecast - Triple Exponential Smoothing

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

KT Submarine Triple Exponential Smoothing Price Forecast For the 12th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of KT Submarine Co on the next trading day is expected to be 14,302 with a mean absolute deviation of 418.47, mean absolute percentage error of 345,688, and the sum of the absolute errors of 24,690.

KT Submarine Stock Forecast Pattern

Backtest KT Submarine

KT Submarine Price Prediction

Buy or Sell Advice

KT Submarine 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 KT Submarine stock data series using in forecasting. Note that when a statistical model is used to represent KT Submarine 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 KT Submarine 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 KT Submarine Co observations.

Predictive Modules for KT Submarine

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KT Submarine. 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 13,576 13,580 13,584 Details

Intrinsic Valuation Low Real High 13,440 13,444 14,938 Details

Bollinger Band Projection (param) Low Middle High 11,867 13,612 15,357 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as KT Submarine. Your research has to be compared to or analyzed against KT Submarine's peers to derive any actionable benefits. When done correctly, KT Submarine's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in KT Submarine.

Other Forecasting Options for KT Submarine

For every potential investor in 060370, whether a beginner or expert, KT Submarine's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 060370 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 060370. Basic forecasting techniques help filter out the noise by identifying KT Submarine's price trends.

KT Submarine Related Equities

Risk & Return

Correlation

KT Submarine 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 KT Submarine'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 KT Submarine's current price.

KT Submarine Market Strength Events

KT Submarine Risk Indicators

Pair Trading with KT Submarine

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KT Submarine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KT Submarine will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in 060370 Stock