Cresud SA Stock Forecast - Triple Exponential Smoothing
| CRES Stock | ARS 1,470 10.00 0.68% |
The Triple Exponential Smoothing forecasted value of Cresud SA on the next trading day is expected to be 1,476 with a mean absolute deviation of 27.84 and the sum of the absolute errors of 1,643. Cresud Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cresud SA stock prices and determine the direction of Cresud SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cresud SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Cresud |
Cresud SA Triple Exponential Smoothing Price Forecast For the 27th of December
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Cresud SA on the next trading day is expected to be 1,476 with a mean absolute deviation of 27.84, mean absolute percentage error of 1,207, and the sum of the absolute errors of 1,643.Please note that although there have been many attempts to predict Cresud 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 Cresud SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Cresud SA Stock Forecast Pattern
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Cresud SA Forecasted Value
In the context of forecasting Cresud SA'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. Cresud SA's downside and upside margins for the forecasting period are 1,473 and 1,479, respectively. We have considered Cresud SA'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Cresud SA stock data series using in forecasting. Note that when a statistical model is used to represent Cresud SA 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 | 5.3197 |
| MAD | Mean absolute deviation | 27.8425 |
| MAPE | Mean absolute percentage error | 0.0225 |
| SAE | Sum of the absolute errors | 1642.7046 |
Predictive Modules for Cresud SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cresud SA. 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 Cresud SA
For every potential investor in Cresud, whether a beginner or expert, Cresud SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cresud Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cresud. Basic forecasting techniques help filter out the noise by identifying Cresud SA's price trends.Cresud SA 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 Cresud SA stock to make a market-neutral strategy. Peer analysis of Cresud SA could also be used in its relative valuation, which is a method of valuing Cresud SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cresud SA 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 Cresud SA'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 Cresud SA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cresud SA Market Strength Events
Market strength indicators help investors to evaluate how Cresud SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cresud SA shares will generate the highest return on investment. By undertsting and applying Cresud SA stock market strength indicators, traders can identify Cresud SA entry and exit signals to maximize returns.
Cresud SA Risk Indicators
The analysis of Cresud SA'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 Cresud SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cresud 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 | 1.99 | |||
| Semi Deviation | 2.06 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.55 | |||
| Downside Variance | 6.24 | |||
| Semi Variance | 4.25 | |||
| Expected Short fall | (2.25) |
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.Other Information on Investing in Cresud Stock
Cresud SA financial ratios help investors to determine whether Cresud 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 Cresud with respect to the benefits of owning Cresud SA security.