Indian Hotels Stock Forecast - Double Exponential Smoothing

INDHOTEL   859.40  5.30  0.62%   
The Double Exponential Smoothing forecasted value of The Indian Hotels on the next trading day is expected to be 859.35 with a mean absolute deviation of 10.52 and the sum of the absolute errors of 631.10. Indian Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Indian Hotels stock prices and determine the direction of The Indian Hotels's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Indian Hotels' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Indian Hotels' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 36 B, whereas Other Current Liabilities is forecasted to decline to about 8.5 B.
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 Indian Hotels works best with periods where there are trends or seasonality.

Indian Hotels Double Exponential Smoothing Price Forecast For the 25th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of The Indian Hotels on the next trading day is expected to be 859.35 with a mean absolute deviation of 10.52, mean absolute percentage error of 205.72, and the sum of the absolute errors of 631.10.
Please note that although there have been many attempts to predict Indian 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 Indian Hotels' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Indian Hotels Stock Forecast Pattern

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Indian Hotels Forecasted Value

In the context of forecasting Indian Hotels' 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. Indian Hotels' downside and upside margins for the forecasting period are 857.37 and 861.33, respectively. We have considered Indian Hotels' 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
859.40
857.37
Downside
859.35
Expected Value
861.33
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 Indian Hotels stock data series using in forecasting. Note that when a statistical model is used to represent Indian Hotels 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 -2.5417
MADMean absolute deviation10.5183
MAPEMean absolute percentage error0.0144
SAESum of the absolute errors631.1
When The Indian Hotels 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 The Indian Hotels 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 Indian Hotels observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Indian Hotels

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indian Hotels. 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
854.80856.78945.34
Details
Intrinsic
Valuation
LowRealHigh
773.46958.94960.92
Details
Earnings
Estimates (0)
LowProjected EPSHigh
4.194.194.19
Details

Other Forecasting Options for Indian Hotels

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

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

Indian Hotels 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 Indian Hotels' 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 Indian Hotels' current price.

Indian Hotels Market Strength Events

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

Indian Hotels Risk Indicators

The analysis of Indian Hotels' 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 Indian Hotels' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting indian 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 Indian Stock

Indian Hotels financial ratios help investors to determine whether Indian 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 Indian with respect to the benefits of owning Indian Hotels security.