Ligao Foods Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Ligao Foods - 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 Ligao Foods 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 Ligao Foods price movement. However, neither of these exponential smoothing models address any seasonality of Ligao Foods CoLtd.

Ligao Foods Triple Exponential Smoothing Price Forecast For the 15th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Ligao Foods CoLtd on the next trading day is expected to be 46.92 with a mean absolute deviation of 1.21, mean absolute percentage error of 2.85, and the sum of the absolute errors of 72.47.

Ligao Foods Stock Forecast Pattern

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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 Ligao Foods stock data series using in forecasting. Note that when a statistical model is used to represent Ligao Foods 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 Ligao Foods 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 Ligao Foods CoLtd observations.

Predictive Modules for Ligao Foods

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ligao Foods CoLtd. 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 42.69 47.41 52.13 Details

Intrinsic Valuation Low Real High 31.09 35.80 51.15 Details

Earnings Estimates (0) Low Projected EPS High 0.37 0.40 0.42 Details

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

Other Forecasting Options for Ligao Foods

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

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Ligao Foods CoLtd 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 Ligao Foods' 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 Ligao Foods' current price.

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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.

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