Capstone Holding Stock Forecast - Double Exponential Smoothing
| CAPS Stock | USD 1.04 0.04 3.70% |
The Double Exponential Smoothing forecasted value of Capstone Holding Corp on the next trading day is expected to be 1.04 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 3.98. Capstone Stock Forecast is based on your current time horizon.
Capstone Holding Double Exponential Smoothing Price Forecast For the 30th of October
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Capstone Holding Corp on the next trading day is expected to be 1.04 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.98.Please note that although there have been many attempts to predict Capstone 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 Capstone Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Capstone Holding Stock Forecast Pattern
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Capstone Holding Forecasted Value
In the context of forecasting Capstone Holding'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. Capstone Holding's downside and upside margins for the forecasting period are 0.01 and 10.74, respectively. We have considered Capstone Holding'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.
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 Capstone Holding stock data series using in forecasting. Note that when a statistical model is used to represent Capstone Holding 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0173 |
| MAD | Mean absolute deviation | 0.0675 |
| MAPE | Mean absolute percentage error | 0.0521 |
| SAE | Sum of the absolute errors | 3.981 |
Predictive Modules for Capstone Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capstone Holding Corp. 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.Other Forecasting Options for Capstone Holding
For every potential investor in Capstone, whether a beginner or expert, Capstone Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Capstone Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Capstone. Basic forecasting techniques help filter out the noise by identifying Capstone Holding's price trends.Capstone Holding 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 Capstone Holding stock to make a market-neutral strategy. Peer analysis of Capstone Holding could also be used in its relative valuation, which is a method of valuing Capstone Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Capstone Holding Corp 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 Capstone Holding'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 Capstone Holding's current price.| Cycle Indicators | ||
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| Volume Indicators |
Capstone Holding Market Strength Events
Market strength indicators help investors to evaluate how Capstone Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Capstone Holding shares will generate the highest return on investment. By undertsting and applying Capstone Holding stock market strength indicators, traders can identify Capstone Holding Corp entry and exit signals to maximize returns.
Capstone Holding Risk Indicators
The analysis of Capstone Holding'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 Capstone Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting capstone 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.
| Mean Deviation | 5.49 | |||
| Standard Deviation | 9.7 | |||
| Variance | 94.11 |
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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Additional Tools for Capstone Stock Analysis
When running Capstone Holding's price analysis, check to measure Capstone Holding'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 Capstone Holding is operating at the current time. Most of Capstone Holding's value examination focuses on studying past and present price action to predict the probability of Capstone Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capstone Holding's price. Additionally, you may evaluate how the addition of Capstone Holding to your portfolios can decrease your overall portfolio volatility.