>

ATT Stock Forecast - Double Exponential Smoothing

<div class='circular--portrait' style='background:#8A0CCF;color: white;font-size:3em;padding-top: 40px;;'>ATT</div>
T -- USA Stock  

Trending

Investors can use this prediction interface to forecast ATT historic stock prices and determine the direction of ATT future trends based on various well-known forecasting models. However, looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of ATT historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of ATT systematic risks associated with finding meaningful patterns of ATT fundamentals over time. Additionally, take a look at Historical Fundamental Analysis of ATT to cross-verify your projections.
Equity
Refresh
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 ATT works best with periods where there are trends or seasonality.
Given 30 days horizon, the value of ATT on the next trading day is expected to be 38.476385

ATT Stock Forecast Pattern

Backtest ATT | ATT Price Prediction | Buy or Sell Advice 

ATT Forecasted Value

Market Value
38.55
February 26, 2020
38.48
Expected Value
41.20
Upside

Model Predictive Factors

AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0642
MADMean absolute deviation0.2908
MAPEMean absolute percentage error0.0076
SAESum of the absolute errors17.4502
When ATT 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 ATT 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 ATT observations are given relatively more weight in forecasting than the older observations.

Volatility Measures

ATT Risk Indicators

Did you try this?

Run Portfolio Diagnostics Now

   

Portfolio Diagnostics

Use generated alerts and portfolio events aggregator to diagnose current holdings
All  Next Launch Module

Currently Active Assets on Macroaxis

GUSTX   
Purchased over 90 shares of
1 hour ago
Traded for 5.02
PEGI   
Purchased over 90 shares of
1 hour ago
Traded for 28.3
GEBCX   
Purchased over 90 shares of
1 hour ago
Traded for 10.58
ESSCX   
Purchased over 90 shares of
1 hour ago
Traded for 9.94
MELIX   
Purchased over 90 shares of
1 hour ago
Traded for 13.43
Additionally, take a look at Historical Fundamental Analysis of ATT to cross-verify your projections. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.