Andfjord Salmon Stock Forecast - Triple Exponential Smoothing

ANDF Stock  NOK 25.50  0.40  1.59%   
The Triple Exponential Smoothing forecasted value of Andfjord Salmon AS on the next trading day is expected to be 25.54 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 22.19. Andfjord Stock Forecast is based on your current time horizon.
As of now the value of rsi of Andfjord Salmon's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Andfjord Salmon's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Andfjord Salmon and does not consider all of the tangible or intangible factors available from Andfjord Salmon's fundamental data. We analyze noise-free headlines and recent hype associated with Andfjord Salmon AS, which may create opportunities for some arbitrage if properly timed.
Using Andfjord Salmon hype-based prediction, you can estimate the value of Andfjord Salmon AS from the perspective of Andfjord Salmon response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Andfjord Salmon AS on the next trading day is expected to be 25.54 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 22.19.

Andfjord Salmon after-hype prediction price

    
  NOK 25.5  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Andfjord Salmon to cross-verify your projections.

Andfjord Salmon Additional Predictive Modules

Most predictive techniques to examine Andfjord price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Andfjord using various technical indicators. When you analyze Andfjord charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Triple exponential smoothing for Andfjord Salmon - 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 Andfjord Salmon 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 Andfjord Salmon price movement. However, neither of these exponential smoothing models address any seasonality of Andfjord Salmon AS.

Andfjord Salmon Triple Exponential Smoothing Price Forecast For the 15th of January 2026

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Andfjord Salmon AS on the next trading day is expected to be 25.54 with a mean absolute deviation of 0.37, mean absolute percentage error of 0.32, and the sum of the absolute errors of 22.19.
Please note that although there have been many attempts to predict Andfjord 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 Andfjord Salmon's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Andfjord Salmon Stock Forecast Pattern

Backtest Andfjord SalmonAndfjord Salmon Price PredictionBuy or Sell Advice 

Andfjord Salmon Forecasted Value

In the context of forecasting Andfjord Salmon'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. Andfjord Salmon's downside and upside margins for the forecasting period are 23.53 and 27.55, respectively. We have considered Andfjord Salmon'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
25.50
25.54
Expected Value
27.55
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 Andfjord Salmon stock data series using in forecasting. Note that when a statistical model is used to represent Andfjord Salmon 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 -0.0745
MADMean absolute deviation0.3698
MAPEMean absolute percentage error0.0135
SAESum of the absolute errors22.1893
As with simple exponential smoothing, in triple exponential smoothing models past Andfjord Salmon 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 Andfjord Salmon AS observations.

Predictive Modules for Andfjord Salmon

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Andfjord Salmon AS. 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
23.4925.5027.51
Details
Intrinsic
Valuation
LowRealHigh
20.3522.3628.05
Details

Other Forecasting Options for Andfjord Salmon

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

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

Andfjord Salmon AS 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 Andfjord Salmon'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 Andfjord Salmon's current price.

Andfjord Salmon Market Strength Events

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

Andfjord Salmon Risk Indicators

The analysis of Andfjord Salmon'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 Andfjord Salmon's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting andfjord 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.

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Other Information on Investing in Andfjord Stock

Andfjord Salmon financial ratios help investors to determine whether Andfjord Stock 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 Andfjord with respect to the benefits of owning Andfjord Salmon security.