Prizma Pres Stock Forecast - Simple Exponential Smoothing
| PRZMA Stock | TRY 48.02 0.08 0.17% |
The Simple Exponential Smoothing forecasted value of Prizma Pres Matbaacilik on the next trading day is expected to be 48.02 with a mean absolute deviation of 1.52 and the sum of the absolute errors of 91.33. Prizma Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Prizma Pres stock prices and determine the direction of Prizma Pres Matbaacilik's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Prizma Pres' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Prizma Pres to cross-verify your projections. Prizma |
Most investors in Prizma Pres 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 Prizma Pres' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Prizma Pres' price structures and extracts relationships that further increase the generated results' accuracy.
Prizma Pres simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Prizma Pres Matbaacilik are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Prizma Pres Matbaacilik prices get older. Prizma Pres Simple Exponential Smoothing Price Forecast For the 9th of May
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Prizma Pres Matbaacilik on the next trading day is expected to be 48.02 with a mean absolute deviation of 1.52, mean absolute percentage error of 4.29, and the sum of the absolute errors of 91.33.Please note that although there have been many attempts to predict Prizma 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 Prizma Pres' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Prizma Pres Stock Forecast Pattern
| Backtest Prizma Pres | Prizma Pres Price Prediction | Buy or Sell Advice |
Prizma Pres Forecasted Value
In the context of forecasting Prizma Pres' 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. Prizma Pres' downside and upside margins for the forecasting period are 44.27 and 51.77, respectively. We have considered Prizma Pres' 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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Prizma Pres stock data series using in forecasting. Note that when a statistical model is used to represent Prizma Pres 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 | 117.7294 |
| Bias | Arithmetic mean of the errors | 0.1688 |
| MAD | Mean absolute deviation | 1.5222 |
| MAPE | Mean absolute percentage error | 0.0274 |
| SAE | Sum of the absolute errors | 91.33 |
Predictive Modules for Prizma Pres
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prizma Pres Matbaacilik. 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 Prizma Pres' 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.
Other Forecasting Options for Prizma Pres
For every potential investor in Prizma, whether a beginner or expert, Prizma Pres' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Prizma Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Prizma. Basic forecasting techniques help filter out the noise by identifying Prizma Pres' price trends.Prizma Pres 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 Prizma Pres stock to make a market-neutral strategy. Peer analysis of Prizma Pres could also be used in its relative valuation, which is a method of valuing Prizma Pres by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Prizma Pres Matbaacilik 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 Prizma Pres' 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 Prizma Pres' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Prizma Pres Market Strength Events
Market strength indicators help investors to evaluate how Prizma Pres stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prizma Pres shares will generate the highest return on investment. By undertsting and applying Prizma Pres stock market strength indicators, traders can identify Prizma Pres Matbaacilik entry and exit signals to maximize returns.
Prizma Pres Risk Indicators
The analysis of Prizma Pres' 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 Prizma Pres' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prizma 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 | 2.67 | |||
| Standard Deviation | 3.68 | |||
| Variance | 13.56 |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Prizma Pres Matbaacilik using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Historical Fundamental Analysis of Prizma Pres to cross-verify your projections. Note that the Prizma Pres Matbaacilik information on this page should be used as a complementary analysis to other Prizma Pres' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Prizma Stock analysis
When running Prizma Pres' price analysis, check to measure Prizma Pres' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prizma Pres is operating at the current time. Most of Prizma Pres' value examination focuses on studying past and present price action to predict the probability of Prizma Pres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prizma Pres' price. Additionally, you may evaluate how the addition of Prizma Pres to your portfolios can decrease your overall portfolio volatility.
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