Synergetic Auto Stock Forecast - Simple Exponential Smoothing

ASAP Stock  THB 3.00  0.06  1.96%   
The Simple Exponential Smoothing forecasted value of Synergetic Auto Performance on the next trading day is expected to be 3.00 with a mean absolute deviation of  0.04  and the sum of the absolute errors of 2.55. Synergetic Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Synergetic Auto stock prices and determine the direction of Synergetic Auto Performance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Synergetic Auto's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Synergetic Auto to cross-verify your projections.
  
Most investors in Synergetic Auto 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 Synergetic Auto's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Synergetic Auto's price structures and extracts relationships that further increase the generated results' accuracy.
Synergetic Auto 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 Synergetic Auto Performance are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Synergetic Auto Perf prices get older.

Synergetic Auto Simple Exponential Smoothing Price Forecast For the 23rd of May

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Synergetic Auto Performance on the next trading day is expected to be 3.00 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.55.
Please note that although there have been many attempts to predict Synergetic 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 Synergetic Auto's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Synergetic Auto Stock Forecast Pattern

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Synergetic Auto Forecasted Value

In the context of forecasting Synergetic Auto'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. Synergetic Auto's downside and upside margins for the forecasting period are 0.89 and 5.11, respectively. We have considered Synergetic Auto'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
3.00
3.00
Expected Value
5.11
Upside

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 Synergetic Auto stock data series using in forecasting. Note that when a statistical model is used to represent Synergetic Auto 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 Criteria110.7937
BiasArithmetic mean of the errors 0.0031
MADMean absolute deviation0.0424
MAPEMean absolute percentage error0.0141
SAESum of the absolute errors2.5463
This simple exponential smoothing model begins by setting Synergetic Auto Performance forecast for the second period equal to the observation of the first period. In other words, recent Synergetic Auto observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Synergetic Auto

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Synergetic Auto Perf. 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 Synergetic Auto'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
0.893.005.11
Details
Intrinsic
Valuation
LowRealHigh
0.402.514.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Synergetic Auto. Your research has to be compared to or analyzed against Synergetic Auto's peers to derive any actionable benefits. When done correctly, Synergetic Auto'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 Synergetic Auto Perf.

Other Forecasting Options for Synergetic Auto

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

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

Synergetic Auto Perf 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 Synergetic Auto'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 Synergetic Auto's current price.

Synergetic Auto Market Strength Events

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

Synergetic Auto Risk Indicators

The analysis of Synergetic Auto'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 Synergetic Auto's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting synergetic 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.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Synergetic Auto Perf 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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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Historical Fundamental Analysis of Synergetic Auto to cross-verify your projections.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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