Triplepoint Venture Stock Forecast - Triple Exponential Smoothing

TPVG Stock  USD 7.06  0.07  0.98%   
The Triple Exponential Smoothing forecasted value of Triplepoint Venture Growth on the next trading day is expected to be 7.06 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.47. Triplepoint Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Triplepoint Venture's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Triplepoint Venture's current Payables Turnover is estimated to increase to 7.12, while Asset Turnover is forecasted to increase to (0.03). . The current Common Stock Shares Outstanding is estimated to decrease to about 25.6 M. The Triplepoint Venture's current Net Loss is estimated to increase to about (21.9 M).
Most investors in Triplepoint Venture cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Triplepoint Venture's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Triplepoint Venture's price structures and extracts relationships that further increase the accuracy of the generated results. Triple exponential smoothing for Triplepoint Venture - 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 Triplepoint Venture 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 Triplepoint Venture price movement. However, neither of these exponential smoothing models address any seasonality of Triplepoint Venture.

Triplepoint Venture Triple Exponential Smoothing Price Forecast For the 2nd of October

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Triplepoint Venture Growth on the next trading day is expected to be 7.06 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.47.
Please note that although there have been many attempts to predict Triplepoint 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 Triplepoint Venture's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Triplepoint Venture Stock Forecast Pattern

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Triplepoint Venture Forecasted Value

In the context of forecasting Triplepoint Venture'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. Triplepoint Venture's downside and upside margins for the forecasting period are 5.14 and 8.98, respectively. We have considered Triplepoint Venture'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
7.06
7.06
Expected Value
8.98
Upside

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 Triplepoint Venture stock data series using in forecasting. Note that when a statistical model is used to represent Triplepoint Venture 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 0.0042
MADMean absolute deviation0.1096
MAPEMean absolute percentage error0.0146
SAESum of the absolute errors6.468
As with simple exponential smoothing, in triple exponential smoothing models past Triplepoint Venture 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 Triplepoint Venture Growth observations.

Predictive Modules for Triplepoint Venture

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Triplepoint Venture. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Triplepoint Venture's 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
5.107.028.94
Details
Intrinsic
Valuation
LowRealHigh
6.228.1410.06
Details
8 Analysts
Consensus
LowTargetHigh
10.0911.0912.31
Details

Other Forecasting Options for Triplepoint Venture

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

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

Triplepoint Venture 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 Triplepoint Venture'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 Triplepoint Venture's current price.

Triplepoint Venture Market Strength Events

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

Triplepoint Venture Risk Indicators

The analysis of Triplepoint Venture's 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 Triplepoint Venture's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting triplepoint 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.
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.

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Additional Information and Resources on Investing in Triplepoint Stock

When determining whether Triplepoint Venture is a strong investment it is important to analyze Triplepoint Venture'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 Triplepoint Venture's future performance. For an informed investment choice regarding Triplepoint Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Triplepoint Venture to cross-verify your projections.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks 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 Triplepoint Venture. If investors know Triplepoint 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 Triplepoint Venture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
1.6
Earnings Share
(0.32)
Revenue Per Share
3.34
Quarterly Revenue Growth
(0.23)
The market value of Triplepoint Venture is measured differently than its book value, which is the value of Triplepoint that is recorded on the company's balance sheet. Investors also form their own opinion of Triplepoint Venture's value that differs from its market value or its book value, called intrinsic value, which is Triplepoint Venture'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 Triplepoint Venture's market value can be influenced by many factors that don't directly affect Triplepoint Venture'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 Triplepoint Venture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triplepoint Venture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triplepoint Venture'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.