Penta Teknoloji Stock Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Penta Teknoloji - 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 Penta Teknoloji 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 Penta Teknoloji price movement. However, neither of these exponential smoothing models address any seasonality of Penta Teknoloji Urunleri.

Penta Teknoloji Triple Exponential Smoothing Price Forecast For the 22nd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Penta Teknoloji Urunleri on the next trading day is expected to be 15.48 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.07, and the sum of the absolute errors of 13.14.

Penta Teknoloji Stock Forecast Pattern

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Penta Teknoloji Price Prediction

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Penta Teknoloji Forecasted Value

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 Penta Teknoloji stock data series using in forecasting. Note that when a statistical model is used to represent Penta Teknoloji 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 Penta Teknoloji 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 Penta Teknoloji Urunleri observations.

Predictive Modules for Penta Teknoloji

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Penta Teknoloji Urunleri. 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 13.59 15.45 17.31 Details

Intrinsic Valuation Low Real High 13.12 14.98 16.84 Details

Bollinger Band Projection (param) Low Middle High 14.51 15.51 16.51 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Penta Teknoloji. Your research has to be compared to or analyzed against Penta Teknoloji's peers to derive any actionable benefits. When done correctly, Penta Teknoloji's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Penta Teknoloji Urunleri.

Other Forecasting Options for Penta Teknoloji

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

Penta Teknoloji Related Equities

Risk & Return

Correlation

Penta Teknoloji Urunleri 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 Penta Teknoloji'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 Penta Teknoloji's current price.

Penta Teknoloji Market Strength Events

Penta Teknoloji Risk Indicators

Other Information on Investing in Penta Stock