Bualuang Office Stock Forecast - Triple Exponential Smoothing

The Triple Exponential Smoothing forecasted value of Bualuang Office Leasehold on the next trading day is expected to be 2.55 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.34. Bualuang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bualuang Office stock prices and determine the direction of Bualuang Office Leasehold's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bualuang Office's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Bualuang Office - 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 Bualuang Office 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 Bualuang Office price movement. However, neither of these exponential smoothing models address any seasonality of Bualuang Office Leasehold.

Bualuang Office Triple Exponential Smoothing Price Forecast For the 15th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Bualuang Office Leasehold on the next trading day is expected to be 2.55 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.41, and the sum of the absolute errors of 8.34.
Please note that although there have been many attempts to predict Bualuang 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 Bualuang Office's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bualuang Office Stock Forecast Pattern

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Bualuang Office Forecasted Value

In the context of forecasting Bualuang Office'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. Bualuang Office's downside and upside margins for the forecasting period are 0.00 and 15.47, respectively. We have considered Bualuang Office'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
0.00
2.55
Expected Value
15.47
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 Bualuang Office stock data series using in forecasting. Note that when a statistical model is used to represent Bualuang Office 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 0.0922
MADMean absolute deviation0.1414
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors8.345
As with simple exponential smoothing, in triple exponential smoothing models past Bualuang Office 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 Bualuang Office Leasehold observations.

Predictive Modules for Bualuang Office

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bualuang Office Leasehold. 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
0.000.0012.92
Details
Intrinsic
Valuation
LowRealHigh
0.000.0012.92
Details

Other Forecasting Options for Bualuang Office

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

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

Bualuang Office Leasehold 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 Bualuang Office'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 Bualuang Office's current price.

Bualuang Office Risk Indicators

The analysis of Bualuang Office'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 Bualuang Office's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bualuang 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 Bualuang Stock

Bualuang Office financial ratios help investors to determine whether Bualuang 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 Bualuang with respect to the benefits of owning Bualuang Office security.