Deutsche Bank Stock Forecast - Simple Exponential Smoothing
DB Stock | USD 17.31 0.07 0.40% |
The Simple Exponential Smoothing forecasted value of Deutsche Bank AG on the next trading day is expected to be 17.31 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 12.95. Deutsche Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Deutsche Bank stock prices and determine the direction of Deutsche Bank AG's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Deutsche Bank's historical fundamentals, such as revenue growth or operating cash flow patterns.
Deutsche |
Deutsche Bank Simple Exponential Smoothing Price Forecast For the 7th of November
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Deutsche Bank AG on the next trading day is expected to be 17.31 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.07, and the sum of the absolute errors of 12.95.Please note that although there have been many attempts to predict Deutsche 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 Deutsche Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Deutsche Bank Stock Forecast Pattern
Backtest Deutsche Bank | Deutsche Bank Price Prediction | Buy or Sell Advice |
Deutsche Bank Forecasted Value
In the context of forecasting Deutsche Bank'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. Deutsche Bank's downside and upside margins for the forecasting period are 15.70 and 18.92, respectively. We have considered Deutsche Bank'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Deutsche Bank stock data series using in forecasting. Note that when a statistical model is used to represent Deutsche Bank 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 | 113.653 |
Bias | Arithmetic mean of the errors | -0.0509 |
MAD | Mean absolute deviation | 0.2159 |
MAPE | Mean absolute percentage error | 0.013 |
SAE | Sum of the absolute errors | 12.9546 |
Predictive Modules for Deutsche Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Deutsche Bank AG. 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 Deutsche Bank
For every potential investor in Deutsche, whether a beginner or expert, Deutsche Bank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Deutsche Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Deutsche. Basic forecasting techniques help filter out the noise by identifying Deutsche Bank's price trends.View Deutsche Bank Related Equities
Risk & Return | Correlation |
Deutsche Bank AG 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 Deutsche Bank'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 Deutsche Bank's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Deutsche Bank Market Strength Events
Market strength indicators help investors to evaluate how Deutsche Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deutsche Bank shares will generate the highest return on investment. By undertsting and applying Deutsche Bank stock market strength indicators, traders can identify Deutsche Bank AG entry and exit signals to maximize returns.
Accumulation Distribution | 37116.63 | |||
Daily Balance Of Power | (0.39) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 17.35 | |||
Day Typical Price | 17.34 | |||
Price Action Indicator | (0.07) | |||
Period Momentum Indicator | (0.07) | |||
Relative Strength Index | 54.39 |
Deutsche Bank Risk Indicators
The analysis of Deutsche Bank'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 Deutsche Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting deutsche 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 | 1.24 | |||
Semi Deviation | 1.34 | |||
Standard Deviation | 1.59 | |||
Variance | 2.54 | |||
Downside Variance | 2.45 | |||
Semi Variance | 1.79 | |||
Expected Short fall | (1.40) |
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.Check out Historical Fundamental Analysis of Deutsche Bank to cross-verify your projections. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Deutsche Bank. If investors know Deutsche will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Deutsche Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.446 | Dividend Share 0.45 | Earnings Share 2.1 | Revenue Per Share 13.758 | Quarterly Revenue Growth 0.017 |
The market value of Deutsche Bank AG is measured differently than its book value, which is the value of Deutsche that is recorded on the company's balance sheet. Investors also form their own opinion of Deutsche Bank's value that differs from its market value or its book value, called intrinsic value, which is Deutsche Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Deutsche Bank's market value can be influenced by many factors that don't directly affect Deutsche Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Deutsche Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deutsche Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deutsche Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.