LVMH Mot Stock Forecast - Triple Exponential Smoothing

MOH Stock   628.70  0.70  0.11%   
The Triple Exponential Smoothing forecasted value of LVMH Mot Hennessy on the next trading day is expected to be 627.56 with a mean absolute deviation of 9.44 and the sum of the absolute errors of 556.97. LVMH Stock Forecast is based on your current time horizon.
  
Triple exponential smoothing for LVMH Mot - 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 LVMH Mot 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 LVMH Mot price movement. However, neither of these exponential smoothing models address any seasonality of LVMH Mot Hennessy.

LVMH Mot Triple Exponential Smoothing Price Forecast For the 23rd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of LVMH Mot Hennessy on the next trading day is expected to be 627.56 with a mean absolute deviation of 9.44, mean absolute percentage error of 141.07, and the sum of the absolute errors of 556.97.
Please note that although there have been many attempts to predict LVMH 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 LVMH Mot's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

LVMH Mot Stock Forecast Pattern

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LVMH Mot Forecasted Value

In the context of forecasting LVMH Mot'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. LVMH Mot's downside and upside margins for the forecasting period are 625.41 and 629.71, respectively. We have considered LVMH Mot'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
628.70
625.41
Downside
627.56
Expected Value
629.71
Upside

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 LVMH Mot stock data series using in forecasting. Note that when a statistical model is used to represent LVMH Mot 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 CriteriaHuge
BiasArithmetic mean of the errors -1.7293
MADMean absolute deviation9.4402
MAPEMean absolute percentage error0.0153
SAESum of the absolute errors556.9705
As with simple exponential smoothing, in triple exponential smoothing models past LVMH Mot 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 LVMH Mot Hennessy observations.

Predictive Modules for LVMH Mot

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LVMH Mot Hennessy. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LVMH Mot's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
626.55628.70630.85
Details
Intrinsic
Valuation
LowRealHigh
624.68626.83628.98
Details
Bollinger
Band Projection (param)
LowMiddleHigh
576.74621.42666.09
Details

Other Forecasting Options for LVMH Mot

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

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

LVMH Mot Hennessy 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 LVMH Mot'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 LVMH Mot's current price.

LVMH Mot Market Strength Events

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

LVMH Mot Risk Indicators

The analysis of LVMH Mot'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 LVMH Mot's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lvmh 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for LVMH Stock Analysis

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