Thule Group OTC Stock Forward View - Triple Exponential Smoothing

Thule Group Additional Predictive Modules

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

Thule Group Triple Exponential Smoothing Price Forecast For the 30th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Thule Group AB on the next trading day is expected to be 29.20 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.

Thule Group OTC Stock Forecast Pattern

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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 Thule Group otc stock data series using in forecasting. Note that when a statistical model is used to represent Thule Group otc 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 Thule Group 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 Thule Group AB observations.

Predictive Modules for Thule Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thule Group AB. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.

Hype Prediction Low Estimated High 0.00 0.00 0.00 Details

Intrinsic Valuation Low Real High 0.00 0.00 0.00 Details

Bollinger Band Projection (param) Low Middle High 29.20 29.20 29.20 Details

Thule Group OTC Stock Price Outlook Analysis

Notes

Thule Group Hype Timeline

Thule Group AB is at this time traded for 29.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Thule is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Thule Group is about 0.0%, with the expected price after the next announcement by competition of 29.20. About 88.0% of the company shares are owned by institutional investors. The book value of Thule Group was at this time reported as 4.33. The company last dividend was issued on the 5th of October 2022. Assuming the 90 days horizon the next projected press release will be within a week. Check out Historical Fundamental Analysis of Thule Group to cross-verify your projections.

Thule Group Related Hype Analysis

Other Forecasting Options for Thule Group

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

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