Microequities Asset Stock Forecast - Simple Exponential Smoothing

MAM Stock   0.53  0.01  1.92%   
The Simple Exponential Smoothing forecasted value of Microequities Asset Management on the next trading day is expected to be 0.53 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.46. Microequities Stock Forecast is based on your current time horizon.
  
Microequities Asset 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 Microequities Asset Management are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Microequities Asset prices get older.

Microequities Asset Simple Exponential Smoothing Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Microequities Asset Management on the next trading day is expected to be 0.53 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.46.
Please note that although there have been many attempts to predict Microequities 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 Microequities Asset's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Microequities Asset Stock Forecast Pattern

Backtest Microequities AssetMicroequities Asset Price PredictionBuy or Sell Advice 

Microequities Asset Forecasted Value

In the context of forecasting Microequities Asset'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. Microequities Asset's downside and upside margins for the forecasting period are 0.01 and 2.80, respectively. We have considered Microequities Asset'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
0.53
0.53
Expected Value
2.80
Upside

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 Microequities Asset stock data series using in forecasting. Note that when a statistical model is used to represent Microequities Asset 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 Criteria108.9431
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0075
MAPEMean absolute percentage error0.0142
SAESum of the absolute errors0.4564
This simple exponential smoothing model begins by setting Microequities Asset Management forecast for the second period equal to the observation of the first period. In other words, recent Microequities Asset observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Microequities Asset

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Microequities Asset. 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
0.030.532.78
Details
Intrinsic
Valuation
LowRealHigh
0.020.442.69
Details

Other Forecasting Options for Microequities Asset

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

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

Microequities Asset 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 Microequities Asset'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 Microequities Asset's current price.

Microequities Asset Market Strength Events

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

Microequities Asset Risk Indicators

The analysis of Microequities Asset'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 Microequities Asset's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting microequities 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.
Explore Investing Ideas  

Additional Tools for Microequities Stock Analysis

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