KRISPY KREME Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for KRISPY KREME - 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 KRISPY KREME 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 KRISPY KREME price movement. However, neither of these exponential smoothing models address any seasonality of KRISPY KREME DL.

KRISPY KREME Triple Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of KRISPY KREME DL 01 on the next trading day is expected to be 10.40 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.07, and the sum of the absolute errors of 12.14.

KRISPY KREME Stock Forecast Pattern

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KRISPY KREME 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 KRISPY KREME stock data series using in forecasting. Note that when a statistical model is used to represent KRISPY KREME 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 KRISPY KREME 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 KRISPY KREME DL 01 observations.

Predictive Modules for KRISPY KREME

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KRISPY KREME DL. 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 7.92 10.40 12.88 Details

Intrinsic Valuation Low Real High 6.14 8.62 11.10 Details

Bollinger Band Projection (param) Low Middle High 9.96 10.50 11.05 Details

Other Forecasting Options for KRISPY KREME

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

KRISPY KREME Related Equities

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Correlation

KRISPY KREME DL 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 KRISPY KREME'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 KRISPY KREME's current price.

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