Ehouse Global Stock Forecast - Double Exponential Smoothing

The Double Exponential Smoothing forecasted value of Ehouse Global on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Ehouse Stock Forecast is based on your current time horizon.
  
At this time, Ehouse Global's Total Assets are comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 1.3 M in 2024, despite the fact that Net Tangible Assets are likely to grow to (925.9 K).
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Ehouse Global works best with periods where there are trends or seasonality.

Ehouse Global Double Exponential Smoothing Price Forecast For the 14th of December 2024

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Ehouse Global on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Ehouse 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 Ehouse Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ehouse Global Stock Forecast Pattern

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Ehouse Global Forecasted Value

In the context of forecasting Ehouse Global'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. Ehouse Global's downside and upside margins for the forecasting period are 0.00 and 0.00, respectively. We have considered Ehouse Global'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.
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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Ehouse Global stock data series using in forecasting. Note that when a statistical model is used to represent Ehouse Global 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 None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
When Ehouse Global 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 Ehouse Global trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Ehouse Global observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Ehouse Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ehouse Global. 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.
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Other Forecasting Options for Ehouse Global

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

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

Ehouse Global 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 Ehouse Global'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 Ehouse Global's current price.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Ehouse Stock Analysis

When running Ehouse Global's price analysis, check to measure Ehouse Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ehouse Global is operating at the current time. Most of Ehouse Global's value examination focuses on studying past and present price action to predict the probability of Ehouse Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ehouse Global's price. Additionally, you may evaluate how the addition of Ehouse Global to your portfolios can decrease your overall portfolio volatility.