Superior Plus Stock Forward View - Triple Exponential Smoothing
| SPB Stock | CAD 7.21 0.05 0.69% |
Superior Stock outlook is based on your current time horizon. Although Superior Plus' naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Superior Plus' systematic risk associated with finding meaningful patterns of Superior Plus fundamentals over time.
As of today, the relative strength index (RSI) of Superior Plus' share price is approaching 46. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Superior Plus, making its price go up or down. Momentum 46
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.8 | EPS Estimate Next Quarter 0.332 | EPS Estimate Current Year 0.307 | EPS Estimate Next Year 0.5655 | Wall Street Target Price 9.075 |
Using Superior Plus hype-based prediction, you can estimate the value of Superior Plus Corp from the perspective of Superior Plus response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Superior Plus Corp on the next trading day is expected to be 7.25 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.35. Superior Plus after-hype prediction price | CAD 7.21 |
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.
Superior |
Superior Plus Additional Predictive Modules
Most predictive techniques to examine Superior price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Superior using various technical indicators. When you analyze Superior 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Superior Plus Triple Exponential Smoothing Price Forecast For the 5th of February
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Superior Plus Corp on the next trading day is expected to be 7.25 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.06, and the sum of the absolute errors of 6.35.Please note that although there have been many attempts to predict Superior Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Superior Plus' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Superior Plus Stock Forecast Pattern
| Backtest Superior Plus | Superior Plus Price Prediction | Research Analysis |
Superior Plus Forecasted Value
In the context of forecasting Superior Plus' 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. Superior Plus' downside and upside margins for the forecasting period are 4.13 and 10.37, respectively. We have considered Superior Plus' 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 Superior Plus stock data series using in forecasting. Note that when a statistical model is used to represent Superior Plus 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 | 0.0522 |
| MAD | Mean absolute deviation | 0.1058 |
| MAPE | Mean absolute percentage error | 0.0154 |
| SAE | Sum of the absolute errors | 6.35 |
Predictive Modules for Superior Plus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Superior Plus 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.Superior Plus After-Hype Price Density Analysis
As far as predicting the price of Superior Plus 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 Superior Plus 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 Superior Plus, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Superior Plus Estimiated After-Hype Price Volatility
In the context of predicting Superior Plus' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Superior Plus' historical news coverage. Superior Plus' after-hype downside and upside margins for the prediction period are 4.11 and 10.31, respectively. We have considered Superior Plus' 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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Superior Plus is slightly risky at this time. Analysis and calculation of next after-hype price of Superior Plus Corp is based on 3 months time horizon.
Superior Plus Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Superior Plus is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Superior Plus 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 Superior Plus, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.10 | 3.12 | 0.00 | 0.00 | 5 Events / Month | 2 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
7.21 | 7.21 | 0.00 |
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Superior Plus Hype Timeline
Superior Plus Corp is at this time traded for 7.21on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Superior 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at -0.1%. %. The volatility of related hype on Superior Plus is about 17550.0%, with the expected price after the next announcement by competition of 7.21. About 21.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Superior Plus Corp last dividend was issued on the 31st of December 2025. The entity had 129:800 split on the 16th of July 2018. Assuming the 90 days trading horizon the next forecasted press release will be in about 5 days. Check out Historical Fundamental Analysis of Superior Plus to cross-verify your projections.Superior Plus Related Hype Analysis
Having access to credible news sources related to Superior Plus' direct competition is more important than ever and may enhance your ability to predict Superior Plus' future price movements. Getting to know how Superior Plus' 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 Superior Plus may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RGSI | Rockpoint Gas Storage | (0.02) | 3 per month | 1.25 | 0.10 | 4.27 | (2.44) | 9.73 | |
| EVGN | EverGen Infrastructure Corp | (0.01) | 2 per month | 0.00 | (0.05) | 8.70 | (9.09) | 24.72 | |
| MXG | Maxim Power Corp | 0.21 | 8 per month | 0.00 | (0.08) | 1.86 | (2.68) | 7.68 | |
| BLX | Boralex | (0.52) | 7 per month | 0.00 | (0.09) | 2.01 | (3.55) | 7.74 | |
| LCFS | Tidewater Renewables | 0.36 | 7 per month | 2.71 | 0.01 | 4.88 | (4.71) | 16.61 | |
| PIF | Polaris Infrastructure | (0.06) | 2 per month | 0.00 | (0.11) | 1.79 | (1.44) | 4.57 | |
| GIP | Green Impact Partners | (0.05) | 6 per month | 0.00 | (0.18) | 3.72 | (3.72) | 15.89 | |
| WEB | Westbridge Energy | (0.08) | 4 per month | 0.00 | (0.22) | 3.18 | (4.04) | 8.47 | |
| GRB | Greenbriar Capital Corp | 0.01 | 1 per month | 4.44 | 0.06 | 10.00 | (8.89) | 78.17 |
Other Forecasting Options for Superior Plus
For every potential investor in Superior, whether a beginner or expert, Superior Plus' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Superior Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Superior. Basic forecasting techniques help filter out the noise by identifying Superior Plus' price trends.Superior Plus 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 Superior Plus stock to make a market-neutral strategy. Peer analysis of Superior Plus could also be used in its relative valuation, which is a method of valuing Superior Plus by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Superior Plus Market Strength Events
Market strength indicators help investors to evaluate how Superior Plus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Superior Plus shares will generate the highest return on investment. By undertsting and applying Superior Plus stock market strength indicators, traders can identify Superior Plus Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 14688.29 | |||
| Daily Balance Of Power | (0.26) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 7.25 | |||
| Day Typical Price | 7.23 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.05) | |||
| Relative Strength Index | 46.08 |
Superior Plus Risk Indicators
The analysis of Superior Plus' 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 Superior Plus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting superior 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 | 1.31 | |||
| Standard Deviation | 3.0 | |||
| Variance | 9.02 |
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 Superior Plus
The number of cover stories for Superior Plus depends on current market conditions and Superior Plus' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Superior Plus 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 Superior Plus' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Superior Plus Short Properties
Superior Plus' future price predictability will typically decrease when Superior Plus' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Superior Plus Corp often depends not only on the future outlook of the potential Superior Plus' 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. Superior Plus' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 248.6 M | |
| Cash And Short Term Investments | 60.4 M |
Other Information on Investing in Superior Stock
Superior Plus financial ratios help investors to determine whether Superior 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 Superior with respect to the benefits of owning Superior Plus security.