Austindo Nusantara Stock Forecast - Double Exponential Smoothing

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 Austindo Nusantara works best with periods where there are trends or seasonality.

Austindo Nusantara Double Exponential Smoothing Price Forecast For the 22nd of May

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Austindo Nusantara Jaya on the next trading day is expected to be 673.63 with a mean absolute deviation of 6.58, mean absolute percentage error of 71.30, and the sum of the absolute errors of 388.09.

Austindo Nusantara Stock Forecast Pattern

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Austindo Nusantara Forecasted Value

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 Austindo Nusantara stock data series using in forecasting. Note that when a statistical model is used to represent Austindo Nusantara 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. When Austindo Nusantara Jaya 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 Austindo Nusantara Jaya 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 Austindo Nusantara observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Austindo Nusantara

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Austindo Nusantara Jaya. 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 Low Estimated High 673.79 675.00 676.21 Details

Intrinsic Valuation Low Real High 575.24 576.45 742.50 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Austindo Nusantara. Your research has to be compared to or analyzed against Austindo Nusantara's peers to derive any actionable benefits. When done correctly, Austindo Nusantara's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Austindo Nusantara Jaya.

Other Forecasting Options for Austindo Nusantara

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

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Correlation

Austindo Nusantara Jaya 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 Austindo Nusantara'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 Austindo Nusantara's current price.

Austindo Nusantara Market Strength Events

Austindo Nusantara Risk Indicators

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Austindo Nusantara Jaya 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.

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Please note, there is a significant difference between Austindo Nusantara's value and its price as these two are different measures arrived at by different means. Investors typically determine if Austindo Nusantara is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Austindo Nusantara'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.