FDC International Stock Forecast - Simple Exponential Smoothing

2748 Stock  TWD 60.40  0.10  0.17%   
The Simple Exponential Smoothing forecasted value of FDC International Hotels on the next trading day is expected to be 60.40 with a mean absolute deviation of 0.58 and the sum of the absolute errors of 35.49. FDC Stock Forecast is based on your current time horizon.
  
FDC International 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 FDC International Hotels are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as FDC International Hotels prices get older.

FDC International Simple Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of FDC International Hotels on the next trading day is expected to be 60.40 with a mean absolute deviation of 0.58, mean absolute percentage error of 0.56, and the sum of the absolute errors of 35.49.
Please note that although there have been many attempts to predict FDC 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 FDC International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FDC International Stock Forecast Pattern

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FDC International Forecasted Value

In the context of forecasting FDC International'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. FDC International's downside and upside margins for the forecasting period are 59.12 and 61.68, respectively. We have considered FDC International'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
60.40
60.40
Expected Value
61.68
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 FDC International stock data series using in forecasting. Note that when a statistical model is used to represent FDC International 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 Criteria117.5349
BiasArithmetic mean of the errors -0.0248
MADMean absolute deviation0.5818
MAPEMean absolute percentage error0.0098
SAESum of the absolute errors35.4889
This simple exponential smoothing model begins by setting FDC International Hotels forecast for the second period equal to the observation of the first period. In other words, recent FDC International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for FDC International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FDC International Hotels. 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
59.1360.4061.67
Details
Intrinsic
Valuation
LowRealHigh
48.9650.2366.44
Details
Bollinger
Band Projection (param)
LowMiddleHigh
56.8758.9160.95
Details

Other Forecasting Options for FDC International

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

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

FDC International Hotels 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 FDC International'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 FDC International's current price.

FDC International Market Strength Events

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

FDC International Risk Indicators

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

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