Propdo Stock Forward View - Triple Exponential Smoothing

Propdo Additional Predictive Modules

Most predictive techniques to examine Propdo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Propdo using various technical indicators. When you analyze Propdo 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. Triple exponential smoothing for Propdo - 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 Propdo 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 Propdo price movement. However, neither of these exponential smoothing models address any seasonality of Propdo.

Propdo Triple Exponential Smoothing Price Forecast For the 4th of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Propdo on the next trading day is expected to be 2,246 with a mean absolute deviation of 37.15, mean absolute percentage error of 2,916, and the sum of the absolute errors of 1,449.

Propdo Stock Forecast Pattern

Propdo Forecasted Value

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 Propdo stock data series using in forecasting. Note that when a statistical model is used to represent Propdo 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. As with simple exponential smoothing, in triple exponential smoothing models past Propdo 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 Propdo observations.

Predictive Modules for Propdo

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Propdo. 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.

Propdo Estimiated After-Hype Price Volatility

Propdo Stock Price Outlook Analysis

Notes

Propdo Hype Timeline

Propdo is at this time traded for 2,253on Tel Aviv Stock Exchange of Israel. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Propdo is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at -0.09%. %. The volatility of related hype on Propdo is about 0.0%, with the expected price after the next announcement by competition of 2,253. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Propdo Related Hype Analysis

Other Forecasting Options for Propdo

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

Propdo Related Equities

Risk & Return

Correlation

Propdo Market Strength Events

Propdo Risk Indicators

Story Coverage note for Propdo

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