Lion Brewery Stock Forecast - Simple Exponential Smoothing

Lion Brewery 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 Lion Brewery Ceylon are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Lion Brewery Ceylon prices get older.

Lion Brewery Simple Exponential Smoothing Price Forecast For the 15th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Lion Brewery Ceylon on the next trading day is expected to be 1,216 with a mean absolute deviation of 14.59, mean absolute percentage error of 547.62, and the sum of the absolute errors of 875.49.

Lion Brewery Stock Forecast Pattern

Lion Brewery 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 Lion Brewery stock data series using in forecasting. Note that when a statistical model is used to represent Lion Brewery 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 Lion Brewery Ceylon forecast for the second period equal to the observation of the first period. In other words, recent Lion Brewery observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Lion Brewery

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lion Brewery Ceylon. 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 1,216 1,218 1,221 Details

Intrinsic Valuation Low Real High 962.26 964.63 1,340 Details

Bollinger Band Projection (param) Low Middle High 956.93 1,089 1,222 Details

Other Forecasting Options for Lion Brewery

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

Lion Brewery Related Equities

Risk & Return

Correlation

Lion Brewery Ceylon 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 Lion Brewery'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 Lion Brewery's current price.

Lion Brewery Market Strength Events

Lion Brewery Risk Indicators

Other Information on Investing in Lion Stock