DTE Energy Stock Forward View - Double Exponential Smoothing

DTW Stock  USD 22.36  0.07  0.31%   
DTE Stock outlook is based on your current time horizon.
The relative strength index (RSI) of DTE Energy's stock price is slightly above 63 suggesting that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling DTE, making its price go up or down.

Momentum 63

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of DTE Energy'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 DTE Energy and does not consider all of the tangible or intangible factors available from DTE Energy's fundamental data. We analyze noise-free headlines and recent hype associated with DTE Energy Co, which may create opportunities for some arbitrage if properly timed.
Using DTE Energy hype-based prediction, you can estimate the value of DTE Energy Co from the perspective of DTE Energy response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of DTE Energy Co on the next trading day is expected to be 22.40 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.72.

DTE Energy after-hype prediction price

    
  USD 22.36  
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 DTE Energy to cross-verify your projections.
For more information on how to buy DTE Stock please use our How to Invest in DTE Energy guide.

DTE Energy Additional Predictive Modules

Most predictive techniques to examine DTE price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for DTE using various technical indicators. When you analyze DTE 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for DTE Energy works best with periods where there are trends or seasonality.

DTE Energy Double Exponential Smoothing Price Forecast For the 2nd of February

Given 90 days horizon, the Double Exponential Smoothing forecasted value of DTE Energy Co on the next trading day is expected to be 22.40 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.72.
Please note that although there have been many attempts to predict DTE 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 DTE Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

DTE Energy Stock Forecast Pattern

Backtest DTE Energy  DTE Energy Price Prediction  Buy or Sell Advice  

DTE Energy Forecasted Value

In the context of forecasting DTE Energy'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. DTE Energy's downside and upside margins for the forecasting period are 21.75 and 23.06, respectively. We have considered DTE Energy'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
22.36
22.40
Expected Value
23.06
Upside

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 DTE Energy stock data series using in forecasting. Note that when a statistical model is used to represent DTE Energy 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 0.0134
MADMean absolute deviation0.114
MAPEMean absolute percentage error0.0053
SAESum of the absolute errors6.7248
When DTE Energy Co 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 DTE Energy Co trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent DTE Energy observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for DTE Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DTE Energy. 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 DTE Energy'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
21.7022.3623.02
Details
Intrinsic
Valuation
LowRealHigh
21.3522.0122.67
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.9721.8122.65
Details

DTE Energy After-Hype Price Density Analysis

As far as predicting the price of DTE Energy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in DTE Energy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of DTE Energy, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

DTE Energy Estimiated After-Hype Price Volatility

In the context of predicting DTE Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on DTE Energy's historical news coverage. DTE Energy's after-hype downside and upside margins for the prediction period are 21.70 and 23.02, respectively. We have considered DTE Energy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
22.36
22.36
After-hype Price
23.02
Upside
DTE Energy is very steady at this time. Analysis and calculation of next after-hype price of DTE Energy is based on 3 months time horizon.

DTE Energy Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as DTE Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DTE Energy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with DTE Energy, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
0.66
 0.00  
  0.02 
9 Events / Month
6 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
22.36
22.36
0.00 
942.86  
Notes

DTE Energy Hype Timeline

On the 1st of February DTE Energy is traded for 22.36. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.02. DTE is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.04%. %. The volatility of related hype on DTE Energy is about 170.2%, with the expected price after the next announcement by competition of 22.38. The company last dividend was issued on the 2nd of March 2026. DTE Energy had a split on the 2nd of April 2009. Considering the 90-day investment horizon the next anticipated press release will be in about 9 days.
Check out Historical Fundamental Analysis of DTE Energy to cross-verify your projections.
For more information on how to buy DTE Stock please use our How to Invest in DTE Energy guide.

DTE Energy Related Hype Analysis

Having access to credible news sources related to DTE Energy's direct competition is more important than ever and may enhance your ability to predict DTE Energy's future price movements. Getting to know how DTE Energy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how DTE Energy may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
AEEAmeren Corp 1.12 11 per month 0.00 (0.06) 1.09 (1.45) 5.74 
PPLPPL Corporation(0.27)12 per month 0.00 (0.07) 1.57 (1.61) 4.62 
FEFirstEnergy 0.32 9 per month 0.89  0  1.35 (1.30) 4.05 
ESEversource Energy 0.48 44 per month 0.00 (0.07) 1.75 (1.87) 14.53 
FTSFortis Inc(0.36)8 per month 0.56  0.05  1.35 (1.00) 2.88 
CMSCMS Energy 0.20 10 per month 0.00 (0.1) 1.27 (1.56) 5.00 
OKLOOklo Inc 1.52 26 per month 0.00 (0.09) 8.42 (11.40) 30.72 
ATOAtmos Energy 0.00 0 per month 0.00 (0.1) 1.38 (1.76) 4.31 
AWKAmerican Water Works 0.48 9 per month 0.00 (0.09) 1.95 (2.30) 6.26 

Other Forecasting Options for DTE Energy

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

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

DTE Energy Market Strength Events

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

DTE Energy Risk Indicators

The analysis of DTE Energy'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 DTE Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dte 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.

Story Coverage note for DTE Energy

The number of cover stories for DTE Energy depends on current market conditions and DTE Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that DTE Energy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about DTE Energy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

DTE Energy Short Properties

DTE Energy's future price predictability will typically decrease when DTE Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of DTE Energy Co often depends not only on the future outlook of the potential DTE Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. DTE Energy's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding207 M
Cash And Short Term Investments24 M

Additional Tools for DTE Stock Analysis

When running DTE Energy's price analysis, check to measure DTE Energy'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 DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.