Winmark Stock Forecast - Double Exponential Smoothing

WINA Stock  USD 407.63  2.86  0.70%   
The Double Exponential Smoothing forecasted value of Winmark on the next trading day is expected to be 407.24 with a mean absolute deviation of 6.15 and the sum of the absolute errors of 368.90. Winmark Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Winmark stock prices and determine the direction of Winmark's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Winmark's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Receivables Turnover is expected to grow to 32.85, whereas Inventory Turnover is forecasted to decline to 5.21. . The current year's Common Stock Shares Outstanding is expected to grow to about 4.3 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 42.7 M.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Winmark works best with periods where there are trends or seasonality.

Winmark Double Exponential Smoothing Price Forecast For the 15th of December 2024

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Winmark on the next trading day is expected to be 407.24 with a mean absolute deviation of 6.15, mean absolute percentage error of 58.47, and the sum of the absolute errors of 368.90.
Please note that although there have been many attempts to predict Winmark 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 Winmark's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Winmark Stock Forecast Pattern

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Winmark Forecasted Value

In the context of forecasting Winmark'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. Winmark's downside and upside margins for the forecasting period are 405.21 and 409.27, respectively. We have considered Winmark'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
407.63
405.21
Downside
407.24
Expected Value
409.27
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Winmark stock data series using in forecasting. Note that when a statistical model is used to represent Winmark 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 -1.1456
MADMean absolute deviation6.1484
MAPEMean absolute percentage error0.016
SAESum of the absolute errors368.9029
When Winmark 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 Winmark trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Winmark observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Winmark

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Winmark. 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
LowEstimatedHigh
406.75408.78410.81
Details
Intrinsic
Valuation
LowRealHigh
383.52385.55448.39
Details
1 Analysts
Consensus
LowTargetHigh
404.95445.00493.95
Details
Earnings
Estimates (0)
LowProjected EPSHigh
3.023.023.02
Details

Other Forecasting Options for Winmark

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

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

Winmark 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 Winmark'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 Winmark's current price.

Winmark Market Strength Events

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

Winmark Risk Indicators

The analysis of Winmark'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 Winmark's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting winmark 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.
When determining whether Winmark offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Winmark's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Winmark Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Winmark Stock:
Check out Historical Fundamental Analysis of Winmark to cross-verify your projections.
For information on how to trade Winmark Stock refer to our How to Trade Winmark Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Winmark. If investors know Winmark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Winmark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
3.4
Earnings Share
10.92
Revenue Per Share
23.323
Quarterly Revenue Growth
(0.04)
The market value of Winmark is measured differently than its book value, which is the value of Winmark that is recorded on the company's balance sheet. Investors also form their own opinion of Winmark's value that differs from its market value or its book value, called intrinsic value, which is Winmark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Winmark's market value can be influenced by many factors that don't directly affect Winmark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Winmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if Winmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winmark'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.