Merrill Lynch Preferred Stock Forecast - Simple Exponential Smoothing

Merrill Lynch 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 Merrill Lynch Capital are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Merrill Lynch Capital prices get older.

Merrill Lynch Simple Exponential Smoothing Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Merrill Lynch Capital on the next trading day is expected to be 26.18 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.37.

Merrill Lynch Preferred Stock Forecast Pattern

Backtest Merrill Lynch

Merrill Lynch Price Prediction

Buy or Sell Advice

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

Predictive Modules for Merrill Lynch

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Merrill Lynch Capital. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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 25.73 26.18 26.63 Details

Intrinsic Valuation Low Real High 25.61 26.06 26.51 Details

Bollinger Band Projection (param) Low Middle High 26.00 26.16 26.32 Details

Other Forecasting Options for Merrill Lynch

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

Merrill Lynch Related Equities

Risk & Return

Correlation

Merrill Lynch Capital Technical and Predictive Analytics

The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Merrill Lynch'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 Merrill Lynch's current price.

Merrill Lynch Market Strength Events

Merrill Lynch Risk Indicators

Other Information on Investing in Merrill Preferred Stock