Infineon Technologies Stock Forecast - Double Exponential Smoothing

IFX Stock  EUR 31.55  0.00  0.00%   
The Double Exponential Smoothing forecasted value of Infineon Technologies AG on the next trading day is expected to be 31.55 with a mean absolute deviation of 0.44 and the sum of the absolute errors of 25.97. Infineon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Infineon Technologies stock prices and determine the direction of Infineon Technologies AG's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Infineon Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
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 Infineon Technologies works best with periods where there are trends or seasonality.

Infineon Technologies Double Exponential Smoothing Price Forecast For the 31st of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Infineon Technologies AG on the next trading day is expected to be 31.55 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.32, and the sum of the absolute errors of 25.97.
Please note that although there have been many attempts to predict Infineon 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 Infineon Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Infineon Technologies Stock Forecast Pattern

JavaScript chart by amCharts 3.21.15Oct 10Oct 18Oct 28Nov 5Nov 13Nov 21Nov 29Dec 9Dec 17Dec 302930313233
JavaScript chart by amCharts 3.21.15Infineon Technologies Infineon Technologies forecast
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Infineon Technologies Forecasted Value

In the context of forecasting Infineon 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. Infineon Technologies' downside and upside margins for the forecasting period are 29.74 and 33.37, respectively. We have considered Infineon 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
31.55
31.55
Expected Value
33.37
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 Infineon Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Infineon 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 -0.0778
MADMean absolute deviation0.4401
MAPEMean absolute percentage error0.0144
SAESum of the absolute errors25.9666
When Infineon Technologies AG 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 Infineon Technologies AG 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 Infineon Technologies observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Infineon 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 Infineon Technologies. 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
29.7331.5533.37
Details
Intrinsic
Valuation
LowRealHigh
24.3626.1834.71
Details
Bollinger
Band Projection (param)
LowMiddleHigh
29.3531.7334.10
Details

Other Forecasting Options for Infineon Technologies

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

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

Infineon Technologies 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 Infineon 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 Infineon Technologies' current price.

Infineon Technologies Market Strength Events

Market strength indicators help investors to evaluate how Infineon 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 Infineon Technologies shares will generate the highest return on investment. By undertsting and applying Infineon Technologies stock market strength indicators, traders can identify Infineon Technologies AG entry and exit signals to maximize returns.

Infineon Technologies Risk Indicators

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Infineon Stock

Infineon Technologies financial ratios help investors to determine whether Infineon 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 Infineon with respect to the benefits of owning Infineon Technologies security.