STMicroelectronics Pink Sheet Forecast - Double Exponential Smoothing

STMicroelectronics Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of STMicroelectronics' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
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 STMicroelectronics works best with periods where there are trends or seasonality.
When STMicroelectronics NV 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 STMicroelectronics NV 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 STMicroelectronics observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for STMicroelectronics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as STMicroelectronics. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 STMicroelectronics' 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
29.2032.4135.62
Details
Intrinsic
Valuation
LowRealHigh
31.3534.5637.77
Details
Bollinger
Band Projection (param)
LowMiddleHigh
29.7131.8634.01
Details

View STMicroelectronics Related Equities

 Risk & Return  Correlation

Currently Active Assets on Macroaxis

Other Information on Investing in STMicroelectronics Pink Sheet

STMicroelectronics financial ratios help investors to determine whether STMicroelectronics Pink Sheet 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 STMicroelectronics with respect to the benefits of owning STMicroelectronics security.