Jeffs Brands Stock Forecast - Simple Exponential Smoothing

Jeffs Brands simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Jeffs Brands are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Jeffs Brands prices get older.

Jeffs Brands Simple Exponential Smoothing Price Forecast For the 29th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Jeffs Brands on the next trading day is expected to be 2.98 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.14, and the sum of the absolute errors of 5.79.

Jeffs Brands Stock Forecast Pattern

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Jeffs Brands Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Jeffs Brands stock data series using in forecasting. Note that when a statistical model is used to represent Jeffs Brands 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. This simple exponential smoothing model begins by setting Jeffs Brands forecast for the second period equal to the observation of the first period. In other words, recent Jeffs Brands observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Jeffs Brands

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jeffs Brands. 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 Low Estimated High 0.12 2.33 251.33 Details

Intrinsic Valuation Low Real High 0.09 1.74 250.74 Details

Bollinger Band Projection (param) Low Middle High -0.54 2.00 4.54 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jeffs Brands. Your research has to be compared to or analyzed against Jeffs Brands' peers to derive any actionable benefits. When done correctly, Jeffs Brands' 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 Jeffs Brands.

Other Forecasting Options for Jeffs Brands

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

Jeffs Brands Related Equities

Risk & Return

Correlation

Jeffs Brands 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 Jeffs Brands' 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 Jeffs Brands' current price.

Jeffs Brands Market Strength Events

Jeffs Brands Risk Indicators

Pair Trading with Jeffs Brands

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jeffs Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jeffs Brands will appreciate offsetting losses from the drop in the long position's value.

Additional Tools for Jeffs Stock Analysis