Panasonic Corp Stock Forecast - Simple Exponential Smoothing

0QYR Stock   1,476  22.50  1.55%   
The Simple Exponential Smoothing forecasted value of Panasonic Corp on the next trading day is expected to be 1,476 with a mean absolute deviation of 26.17 and the sum of the absolute errors of 1,570. Panasonic Stock Forecast is based on your current time horizon.
  
At this time, Panasonic Corp's Net Debt is comparatively stable compared to the past year. Cash is likely to gain to about 1.1 T in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.4 T in 2024.
Panasonic Corp simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Panasonic Corp are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Panasonic Corp prices get older.

Panasonic Corp Simple Exponential Smoothing Price Forecast For the 5th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Panasonic Corp on the next trading day is expected to be 1,476 with a mean absolute deviation of 26.17, mean absolute percentage error of 1,403, and the sum of the absolute errors of 1,570.
Please note that although there have been many attempts to predict Panasonic 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 Panasonic Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Panasonic Corp Stock Forecast Pattern

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Panasonic Corp Forecasted Value

In the context of forecasting Panasonic Corp'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. Panasonic Corp's downside and upside margins for the forecasting period are 1,473 and 1,478, respectively. We have considered Panasonic Corp'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
1,476
1,476
Expected Value
1,478
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Panasonic Corp stock data series using in forecasting. Note that when a statistical model is used to represent Panasonic Corp 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 Criteria123.5191
BiasArithmetic mean of the errors -2.3667
MADMean absolute deviation26.1683
MAPEMean absolute percentage error0.0212
SAESum of the absolute errors1570.1
This simple exponential smoothing model begins by setting Panasonic Corp forecast for the second period equal to the observation of the first period. In other words, recent Panasonic Corp observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Panasonic Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Panasonic Corp. 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
1,4731,4761,478
Details
Intrinsic
Valuation
LowRealHigh
1,3671,3701,623
Details
Bollinger
Band Projection (param)
LowMiddleHigh
1,3551,4321,509
Details

Other Forecasting Options for Panasonic Corp

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

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

Panasonic Corp 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 Panasonic Corp'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 Panasonic Corp's current price.

Panasonic Corp Market Strength Events

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

Panasonic Corp Risk Indicators

The analysis of Panasonic Corp'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 Panasonic Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting panasonic 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 Panasonic Stock Analysis

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