Anabatic Technologies Stock Forecast - Triple Exponential Smoothing

ATIC Stock  IDR 366.00  2.00  0.54%   
The Triple Exponential Smoothing forecasted value of Anabatic Technologies Tbk on the next trading day is expected to be 364.62 with a mean absolute deviation of 3.08 and the sum of the absolute errors of 181.59. Anabatic Stock Forecast is based on your current time horizon.
  
Triple exponential smoothing for Anabatic Technologies - 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 Anabatic Technologies 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 Anabatic Technologies price movement. However, neither of these exponential smoothing models address any seasonality of Anabatic Technologies Tbk.

Anabatic Technologies Triple Exponential Smoothing Price Forecast For the 16th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Anabatic Technologies Tbk on the next trading day is expected to be 364.62 with a mean absolute deviation of 3.08, mean absolute percentage error of 19.31, and the sum of the absolute errors of 181.59.
Please note that although there have been many attempts to predict Anabatic 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 Anabatic Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Anabatic Technologies Stock Forecast Pattern

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Anabatic Technologies Forecasted Value

In the context of forecasting Anabatic Technologies' 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. Anabatic Technologies' downside and upside margins for the forecasting period are 363.48 and 365.76, respectively. We have considered Anabatic Technologies' 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
366.00
363.48
Downside
364.62
Expected Value
365.76
Upside

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 Anabatic Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Anabatic Technologies 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 CriteriaHuge
BiasArithmetic mean of the errors -0.6265
MADMean absolute deviation3.0779
MAPEMean absolute percentage error0.0079
SAESum of the absolute errors181.5939
As with simple exponential smoothing, in triple exponential smoothing models past Anabatic Technologies 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 Anabatic Technologies Tbk observations.

Predictive Modules for Anabatic Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anabatic Technologies Tbk. 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
364.86366.00367.14
Details
Intrinsic
Valuation
LowRealHigh
359.82360.96402.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
356.68370.40384.12
Details

Other Forecasting Options for Anabatic Technologies

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

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

Anabatic Technologies Tbk 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 Anabatic Technologies' 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 Anabatic Technologies' current price.

Anabatic Technologies Market Strength Events

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

Anabatic Technologies Risk Indicators

The analysis of Anabatic Technologies' 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 Anabatic Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anabatic 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.

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Other Information on Investing in Anabatic Stock

Anabatic Technologies financial ratios help investors to determine whether Anabatic Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Anabatic with respect to the benefits of owning Anabatic Technologies security.