Salesforce Stock Forecast - Simple Exponential Smoothing

Salesforce 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 Salesforce are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Salesforce prices get older.

Salesforce Simple Exponential Smoothing Price Forecast For the 31st of May

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Salesforce on the next trading day is expected to be 217.39 with a mean absolute deviation of 2.35, mean absolute percentage error of 8.27, and the sum of the absolute errors of 140.94.

Salesforce Stock Forecast Pattern

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Salesforce Forecasted Value

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 Salesforce stock data series using in forecasting. Note that when a statistical model is used to represent Salesforce 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. This simple exponential smoothing model begins by setting Salesforce forecast for the second period equal to the observation of the first period. In other words, recent Salesforce observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Salesforce

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Salesforce. Regardless of method or technology, however, to accurately forecast the stock or bond 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 214.51 216.54 218.57 Details

Intrinsic Valuation Low Real High 193.90 229.96 231.99 Details

Bollinger Band Projection (param) Low Middle High 200.02 208.69 217.36 Details

35 Analysts Consensus Low Target High 119.00 217.85 250.00 Details

Other Forecasting Options for Salesforce

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

Salesforce Related Equities

Risk & Return

Correlation

Salesforce 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 Salesforce'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 Salesforce's current price.

Salesforce Market Strength Events

Salesforce Risk Indicators

Be your own money manager

Our tools can tell you how much better you can do entering a position in Salesforce without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Pair Trading with Salesforce

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Salesforce position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Salesforce will appreciate offsetting losses from the drop in the long position's value.

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