001306AB5 Forecast - Simple Exponential Smoothing

001306AB5   97.98  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of AHS HOSP P on the next trading day is expected to be 97.92 with a mean absolute deviation of 1.21 and the sum of the absolute errors of 72.33. 001306AB5 Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 001306AB5 stock prices and determine the direction of AHS HOSP P's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 001306AB5's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
001306AB5 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 AHS HOSP P are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as AHS HOSP P prices get older.

001306AB5 Simple Exponential Smoothing Price Forecast For the 15th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of AHS HOSP P on the next trading day is expected to be 97.92 with a mean absolute deviation of 1.21, mean absolute percentage error of 2.70, and the sum of the absolute errors of 72.33.
Please note that although there have been many attempts to predict 001306AB5 Bond 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 001306AB5's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

001306AB5 Bond Forecast Pattern

Backtest 001306AB5001306AB5 Price PredictionBuy or Sell Advice 

001306AB5 Forecasted Value

In the context of forecasting 001306AB5's Bond 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. 001306AB5's downside and upside margins for the forecasting period are 95.69 and 100.15, respectively. We have considered 001306AB5'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
97.98
97.92
Expected Value
100.15
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 001306AB5 bond data series using in forecasting. Note that when a statistical model is used to represent 001306AB5 bond, 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 Criteria117.2658
BiasArithmetic mean of the errors -0.0794
MADMean absolute deviation1.2055
MAPEMean absolute percentage error0.0125
SAESum of the absolute errors72.3322
This simple exponential smoothing model begins by setting AHS HOSP P forecast for the second period equal to the observation of the first period. In other words, recent 001306AB5 observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for 001306AB5

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AHS HOSP P. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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
95.7597.98100.21
Details
Intrinsic
Valuation
LowRealHigh
90.6992.92107.78
Details

Other Forecasting Options for 001306AB5

For every potential investor in 001306AB5, whether a beginner or expert, 001306AB5's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 001306AB5 Bond price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 001306AB5. Basic forecasting techniques help filter out the noise by identifying 001306AB5's price trends.

001306AB5 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 001306AB5 bond to make a market-neutral strategy. Peer analysis of 001306AB5 could also be used in its relative valuation, which is a method of valuing 001306AB5 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

AHS HOSP P Technical and Predictive Analytics

The bond market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of 001306AB5'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 001306AB5's current price.

001306AB5 Market Strength Events

Market strength indicators help investors to evaluate how 001306AB5 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 001306AB5 shares will generate the highest return on investment. By undertsting and applying 001306AB5 bond market strength indicators, traders can identify AHS HOSP P entry and exit signals to maximize returns.

001306AB5 Risk Indicators

The analysis of 001306AB5'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 001306AB5's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 001306ab5 bond 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. One of the essential factors to consider when estimating the risk of default for a bond instrument is its duration, which is the bond's price sensitivity to changes in interest rates. The duration of AHS HOSP P bond is primarily affected by its yield, coupon rate, and time to maturity. The duration of a bond will be higher the lower its coupon, lower its yield, and longer the time left to maturity.
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.

Other Information on Investing in 001306AB5 Bond

001306AB5 financial ratios help investors to determine whether 001306AB5 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 001306AB5 with respect to the benefits of owning 001306AB5 security.