Trimol Stock Forecast - Double Exponential Smoothing

TMOL Stock  USD 0.0002  0.00  0.00%   
The Double Exponential Smoothing forecasted value of Trimol Group on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Trimol Stock Forecast is based on your current time horizon. Although Trimol's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Trimol's systematic risk associated with finding meaningful patterns of Trimol fundamentals over time.
The value of Payables Turnover is estimated to slide to 5.82. The value of Receivables Turnover is estimated to slide to 13.99. Net Loss is expected to rise to about (155.6 K) this year.
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 Trimol works best with periods where there are trends or seasonality.

Trimol Double Exponential Smoothing Price Forecast For the 5th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Trimol Group on the next trading day is expected to be 0.0002 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.
Please note that although there have been many attempts to predict Trimol 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 Trimol's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Trimol Stock Forecast Pattern

Backtest TrimolTrimol Price PredictionBuy or Sell Advice 

Trimol Forecasted Value

In the context of forecasting Trimol'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. Trimol's downside and upside margins for the forecasting period are 0.0002 and 0.0002, respectively. We have considered Trimol'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
0.0002
0.0002
Downside
0.0002
Expected Value
0.0002
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 Trimol stock data series using in forecasting. Note that when a statistical model is used to represent Trimol 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 None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
When Trimol 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 Trimol Group 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 Trimol observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Trimol

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trimol Group. 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.
Hype
Prediction
LowEstimatedHigh
0.000.00020.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.00020.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00020.00020.0002
Details

Other Forecasting Options for Trimol

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

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

Trimol Group Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Trimol's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Trimol's current price.

Trimol Market Strength Events

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

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When determining whether Trimol Group is a strong investment it is important to analyze Trimol's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trimol's future performance. For an informed investment choice regarding Trimol Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Trimol to cross-verify your projections.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trimol. If investors know Trimol will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trimol listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(15.88)
The market value of Trimol Group is measured differently than its book value, which is the value of Trimol that is recorded on the company's balance sheet. Investors also form their own opinion of Trimol's value that differs from its market value or its book value, called intrinsic value, which is Trimol's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trimol's market value can be influenced by many factors that don't directly affect Trimol's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trimol's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trimol is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trimol's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.