Infant Bacterial Stock Forecast - Double Exponential Smoothing

IBT-B Stock  SEK 54.00  3.80  7.57%   
The Double Exponential Smoothing forecasted value of Infant Bacterial Therapeutics on the next trading day is expected to be 54.20 with a mean absolute deviation of 1.47 and the sum of the absolute errors of 88.10. Infant Stock Forecast is based on your current time horizon.
  
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 Infant Bacterial works best with periods where there are trends or seasonality.

Infant Bacterial Double Exponential Smoothing Price Forecast For the 14th of December 2024

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Infant Bacterial Therapeutics on the next trading day is expected to be 54.20 with a mean absolute deviation of 1.47, mean absolute percentage error of 7.21, and the sum of the absolute errors of 88.10.
Please note that although there have been many attempts to predict Infant 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 Infant Bacterial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Infant Bacterial Stock Forecast Pattern

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Infant Bacterial Forecasted Value

In the context of forecasting Infant Bacterial'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. Infant Bacterial's downside and upside margins for the forecasting period are 48.49 and 59.91, respectively. We have considered Infant Bacterial'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
54.00
54.20
Expected Value
59.91
Upside

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 Infant Bacterial stock data series using in forecasting. Note that when a statistical model is used to represent Infant Bacterial 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 -0.1183
MADMean absolute deviation1.4683
MAPEMean absolute percentage error0.0342
SAESum of the absolute errors88.1
When Infant Bacterial Therapeutics 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 Infant Bacterial Therapeutics 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 Infant Bacterial observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Infant Bacterial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Infant Bacterial. 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
48.2954.0059.71
Details
Intrinsic
Valuation
LowRealHigh
36.9042.6159.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Infant Bacterial. Your research has to be compared to or analyzed against Infant Bacterial's peers to derive any actionable benefits. When done correctly, Infant Bacterial'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 Infant Bacterial.

Other Forecasting Options for Infant Bacterial

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

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

Infant Bacterial 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 Infant Bacterial'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 Infant Bacterial's current price.

Infant Bacterial Market Strength Events

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

Infant Bacterial Risk Indicators

The analysis of Infant Bacterial'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 Infant Bacterial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting infant 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.

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 Infant Stock Analysis

When running Infant Bacterial's price analysis, check to measure Infant Bacterial'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 Infant Bacterial is operating at the current time. Most of Infant Bacterial's value examination focuses on studying past and present price action to predict the probability of Infant Bacterial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infant Bacterial's price. Additionally, you may evaluate how the addition of Infant Bacterial to your portfolios can decrease your overall portfolio volatility.