Deutsche Telekom Stock Forecast - Triple Exponential Smoothing

DTEA Stock  EUR 29.40  0.80  2.65%   
The Triple Exponential Smoothing forecasted value of Deutsche Telekom AG on the next trading day is expected to be 29.36 with a mean absolute deviation of 0.46 and the sum of the absolute errors of 27.11. Deutsche Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Deutsche Telekom's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Deutsche Telekom - 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 Deutsche Telekom 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 Deutsche Telekom price movement. However, neither of these exponential smoothing models address any seasonality of Deutsche Telekom.

Deutsche Telekom Triple Exponential Smoothing Price Forecast For the 16th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Deutsche Telekom AG on the next trading day is expected to be 29.36 with a mean absolute deviation of 0.46, mean absolute percentage error of 0.33, and the sum of the absolute errors of 27.11.
Please note that although there have been many attempts to predict Deutsche 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 Deutsche Telekom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Deutsche Telekom Stock Forecast Pattern

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Deutsche Telekom Forecasted Value

In the context of forecasting Deutsche Telekom'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. Deutsche Telekom's downside and upside margins for the forecasting period are 27.41 and 31.32, respectively. We have considered Deutsche Telekom'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
29.40
29.36
Expected Value
31.32
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 Deutsche Telekom stock data series using in forecasting. Note that when a statistical model is used to represent Deutsche Telekom 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 -0.0578
MADMean absolute deviation0.4595
MAPEMean absolute percentage error0.0164
SAESum of the absolute errors27.1113
As with simple exponential smoothing, in triple exponential smoothing models past Deutsche Telekom 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 Deutsche Telekom AG observations.

Predictive Modules for Deutsche Telekom

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Deutsche Telekom. 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
28.2530.2032.15
Details
Intrinsic
Valuation
LowRealHigh
27.2529.2031.15
Details
Bollinger
Band Projection (param)
LowMiddleHigh
27.4929.1930.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Deutsche Telekom. Your research has to be compared to or analyzed against Deutsche Telekom's peers to derive any actionable benefits. When done correctly, Deutsche Telekom's 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 Deutsche Telekom.

Other Forecasting Options for Deutsche Telekom

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

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

Deutsche Telekom 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 Deutsche Telekom'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 Deutsche Telekom's current price.

Deutsche Telekom Market Strength Events

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

Deutsche Telekom Risk Indicators

The analysis of Deutsche Telekom'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 Deutsche Telekom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting deutsche 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 Deutsche Stock

Deutsche Telekom financial ratios help investors to determine whether Deutsche 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 Deutsche with respect to the benefits of owning Deutsche Telekom security.