JGC P Stock Forecast - Triple Exponential Smoothing
| VJC Stock | EUR 10.10 0.00 0.00% |
The Triple Exponential Smoothing forecasted value of JGC P on the next trading day is expected to be 10.10 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.77. JGC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast JGC P stock prices and determine the direction of JGC P's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of JGC P's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the value of rsi of JGC P's share price is below 20 . This entails that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using JGC P hype-based prediction, you can estimate the value of JGC P from the perspective of JGC P response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of JGC P on the next trading day is expected to be 10.10 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.77. JGC P after-hype prediction price | EUR 10.1 |
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.
JGC |
JGC P Additional Predictive Modules
Most predictive techniques to examine JGC price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for JGC using various technical indicators. When you analyze JGC 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
JGC P Triple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of JGC P on the next trading day is expected to be 10.10 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.05, and the sum of the absolute errors of 7.77.Please note that although there have been many attempts to predict JGC 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 JGC P's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
JGC P Stock Forecast Pattern
| Backtest JGC P | JGC P Price Prediction | Buy or Sell Advice |
JGC P Forecasted Value
In the context of forecasting JGC P'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. JGC P's downside and upside margins for the forecasting period are 8.14 and 12.07, respectively. We have considered JGC P'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.
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 JGC P stock data series using in forecasting. Note that when a statistical model is used to represent JGC P 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 | 0.0344 |
| MAD | Mean absolute deviation | 0.1317 |
| MAPE | Mean absolute percentage error | 0.0137 |
| SAE | Sum of the absolute errors | 7.7683 |
Predictive Modules for JGC P
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JGC P. 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.JGC P After-Hype Price Prediction Density Analysis
As far as predicting the price of JGC P 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 JGC P 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 JGC P, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
JGC P Estimiated After-Hype Price Volatility
In the context of predicting JGC P's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on JGC P's historical news coverage. JGC P's after-hype downside and upside margins for the prediction period are 8.13 and 12.07, respectively. We have considered JGC P's 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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
JGC P is not too volatile at this time. Analysis and calculation of next after-hype price of JGC P is based on 3 months time horizon.
JGC P Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as JGC P is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading JGC P 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 JGC P, 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 |
0.17 | 1.97 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Any time |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
10.10 | 10.10 | 0.00 |
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JGC P Hype Timeline
JGC P is at this time traded for 10.10on Berlin Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. JGC 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 insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.17%. %. The volatility of related hype on JGC P is about 0.0%, with the expected price after the next announcement by competition of 10.10. The company has Price to Book (P/B) ratio of 1.07. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Assuming the 90 days trading horizon the next forecasted press release will be any time. Check out Historical Fundamental Analysis of JGC P to cross-verify your projections.JGC P Related Hype Analysis
Having access to credible news sources related to JGC P's direct competition is more important than ever and may enhance your ability to predict JGC P's future price movements. Getting to know how JGC P's 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 JGC P may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EFT0 | TechTarget | 0.00 | 0 per month | 3.63 | 0.01 | 8.60 | (7.08) | 17.24 | |
| 1CY | China Yongda Automobiles | 0.00 | 0 per month | 0.00 | (0.08) | 5.88 | (10.00) | 22.29 | |
| IBNN | VELA TECHNOLPLC LS 0001 | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 22F | Firan Technology Group | 0.00 | 0 per month | 3.43 | 0.17 | 5.65 | (3.79) | 19.35 | |
| WN6 | CarsalesCom | 0.00 | 0 per month | 0.00 | (0.19) | 2.11 | (2.86) | 6.23 | |
| E6U | COFFEE HOLDING | 0.00 | 0 per month | 0.00 | (0.07) | 4.49 | (4.73) | 17.18 | |
| AG8 | Agilent Technologies | 0.00 | 0 per month | 0.00 | (0.09) | 3.15 | (2.56) | 8.21 |
Other Forecasting Options for JGC P
For every potential investor in JGC, whether a beginner or expert, JGC P's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JGC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JGC. Basic forecasting techniques help filter out the noise by identifying JGC P's price trends.JGC P 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 JGC P stock to make a market-neutral strategy. Peer analysis of JGC P could also be used in its relative valuation, which is a method of valuing JGC P by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
JGC P Market Strength Events
Market strength indicators help investors to evaluate how JGC P stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JGC P shares will generate the highest return on investment. By undertsting and applying JGC P stock market strength indicators, traders can identify JGC P entry and exit signals to maximize returns.
JGC P Risk Indicators
The analysis of JGC P'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 JGC P's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jgc 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 | 1.5 | |||
| Semi Deviation | 1.32 | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.31 | |||
| Downside Variance | 4.49 | |||
| Semi Variance | 1.75 | |||
| Expected Short fall | (2.39) |
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 JGC P
The number of cover stories for JGC P depends on current market conditions and JGC P's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that JGC P 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 JGC P's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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JGC P Short Properties
JGC P's future price predictability will typically decrease when JGC P's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of JGC P often depends not only on the future outlook of the potential JGC P's 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. JGC P's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 252.6 M | |
| Dividends Paid | -3 B | |
| Short Long Term Debt | 40.8 B |
Other Information on Investing in JGC Stock
JGC P financial ratios help investors to determine whether JGC 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 JGC with respect to the benefits of owning JGC P security.