Dream Security Stock Forecast - Double Exponential Smoothing

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 Dream Security works best with periods where there are trends or seasonality.

Dream Security Double Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Dream Security co on the next trading day is expected to be 3,353 with a mean absolute deviation of 62.52, mean absolute percentage error of 6,827, and the sum of the absolute errors of 3,751.

Dream Security Stock Forecast Pattern

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Dream Security Forecasted Value

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 Dream Security stock data series using in forecasting. Note that when a statistical model is used to represent Dream Security 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. When Dream Security co 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 Dream Security co 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 Dream Security observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Dream Security

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dream Security co. 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 3,348 3,350 3,352 Details

Intrinsic Valuation Low Real High 2,771 2,773 3,685 Details

Bollinger Band Projection (param) Low Middle High 3,029 3,311 3,592 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dream Security. Your research has to be compared to or analyzed against Dream Security's peers to derive any actionable benefits. When done correctly, Dream Security'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 Dream Security co.

Other Forecasting Options for Dream Security

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

Dream Security Related Equities

Risk & Return

Correlation

Dream Security co 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 Dream Security'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 Dream Security's current price.

Dream Security Market Strength Events

Dream Security Risk Indicators

Pair Trading with Dream Security

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 Dream Security 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 Dream Security will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Dream Stock