Ast Spacemobile Stock Forecast - Triple Exponential Smoothing

ASTS Stock  USD 22.88  0.12  0.52%   
The Triple Exponential Smoothing forecasted value of Ast Spacemobile on the next trading day is expected to be 22.83 with a mean absolute deviation of 1.05 and the sum of the absolute errors of 61.82. Ast Stock Forecast is based on your current time horizon.
  
At this time, Ast Spacemobile's Receivables Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.07 in 2024, whereas Inventory Turnover is likely to drop 0.26 in 2024. . Common Stock Shares Outstanding is likely to drop to about 59.1 M in 2024. Net Loss is likely to drop to about (17.9 M) in 2024.
Triple exponential smoothing for Ast Spacemobile - 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 Ast Spacemobile 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 Ast Spacemobile price movement. However, neither of these exponential smoothing models address any seasonality of Ast Spacemobile.

Ast Spacemobile Triple Exponential Smoothing Price Forecast For the 23rd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Ast Spacemobile on the next trading day is expected to be 22.83 with a mean absolute deviation of 1.05, mean absolute percentage error of 2.02, and the sum of the absolute errors of 61.82.
Please note that although there have been many attempts to predict Ast 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 Ast Spacemobile's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ast Spacemobile Stock Forecast Pattern

Backtest Ast SpacemobileAst Spacemobile Price PredictionBuy or Sell Advice 

Ast Spacemobile Forecasted Value

In the context of forecasting Ast Spacemobile'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. Ast Spacemobile's downside and upside margins for the forecasting period are 17.41 and 28.24, respectively. We have considered Ast Spacemobile'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
22.88
22.83
Expected Value
28.24
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 Ast Spacemobile stock data series using in forecasting. Note that when a statistical model is used to represent Ast Spacemobile 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 0.2489
MADMean absolute deviation1.0478
MAPEMean absolute percentage error0.0422
SAESum of the absolute errors61.8202
As with simple exponential smoothing, in triple exponential smoothing models past Ast Spacemobile 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 Ast Spacemobile observations.

Predictive Modules for Ast Spacemobile

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ast Spacemobile. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ast Spacemobile's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
17.3422.8028.26
Details
Intrinsic
Valuation
LowRealHigh
15.9721.4326.89
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.9723.7225.48
Details
5 Analysts
Consensus
LowTargetHigh
21.3923.5026.09
Details

Other Forecasting Options for Ast Spacemobile

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

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

Ast Spacemobile 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 Ast Spacemobile'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 Ast Spacemobile's current price.

Ast Spacemobile Market Strength Events

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

Ast Spacemobile Risk Indicators

The analysis of Ast Spacemobile'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 Ast Spacemobile's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ast 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Ast Stock Analysis

When running Ast Spacemobile's price analysis, check to measure Ast Spacemobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ast Spacemobile is operating at the current time. Most of Ast Spacemobile's value examination focuses on studying past and present price action to predict the probability of Ast Spacemobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ast Spacemobile's price. Additionally, you may evaluate how the addition of Ast Spacemobile to your portfolios can decrease your overall portfolio volatility.