Marriott International Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Marriott International - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Marriott International 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 trend in Marriott International price movement. However, neither of these exponential smoothing models address any seasonality of Marriott International.

Marriott International Triple Exponential Smoothing Price Forecast For the 23rd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Marriott International on the next trading day is expected to be 266.15 with a mean absolute deviation of 3.26, mean absolute percentage error of 18.05, and the sum of the absolute errors of 192.20.

Marriott International Stock Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Marriott International stock data series using in forecasting. Note that when a statistical model is used to represent Marriott International 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. As with simple exponential smoothing, in triple exponential smoothing models past Marriott International observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Marriott International observations.

Predictive Modules for Marriott International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Marriott International. 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 265.59 267.10 268.61 Details

Intrinsic Valuation Low Real High 240.39 304.87 306.38 Details

Bollinger Band Projection (param) Low Middle High 265.56 272.92 280.28 Details

Other Forecasting Options for Marriott International

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

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Correlation

Marriott International 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 Marriott International'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 Marriott International's current price.

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Additional Information and Resources on Investing in Marriott Stock

When determining whether Marriott International is a strong investment it is important to analyze Marriott International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Marriott International's future performance. For an informed investment choice regarding Marriott Stock, refer to the following important reports:

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Is Marriott Stock a good investment? Details

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Technical Analysis Details

Please note, there is a significant difference between Marriott International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marriott International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marriott International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.