Grupo Televisa Pink Sheet Forecast - Double Exponential Smoothing

GRPFFDelisted Stock  USD 1.05  0.00  0.00%   
Grupo Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Grupo Televisa historical stock prices and determine the direction of Grupo Televisa SAB's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Grupo Televisa historical fundamentals such as revenue growth or operating cash flow patterns.
Please check Risk vs Return Analysis.
  
Most investors in Grupo Televisa 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 Grupo Televisa's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Grupo Televisa's price structures and extracts relationships that further increase the generated results' accuracy.
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 Grupo Televisa works best with periods where there are trends or seasonality.

Grupo Televisa Double Exponential Smoothing Price Forecast For the 28th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Grupo Televisa SAB on the next trading day is expected to be 1.05 with a mean absolute deviation of 0.00678, mean absolute percentage error of 0.00084746, and the sum of the absolute errors of 0.40.
Please note that although there have been many attempts to predict Grupo Pink Sheet 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 Grupo Televisa's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Grupo Televisa Pink Sheet Forecast Pattern

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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 Grupo Televisa pink sheet data series using in forecasting. Note that when a statistical model is used to represent Grupo Televisa pink sheet, 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0017
MADMean absolute deviation0.0068
MAPEMean absolute percentage error0.0063
SAESum of the absolute errors0.4
When Grupo Televisa SAB 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 Grupo Televisa SAB 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 Grupo Televisa observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Grupo Televisa

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grupo Televisa SAB. 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Grupo Televisa'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. Please use the tools below to analyze the current value of Grupo Televisa in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.051.053.50
Details
Intrinsic
Valuation
LowReal ValueHigh
0.050.903.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Grupo Televisa. Your research has to be compared to or analyzed against Grupo Televisa's peers to derive any actionable benefits. When done correctly, Grupo Televisa's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Grupo Televisa SAB.

Grupo Televisa 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 Grupo Televisa pink sheet to make a market-neutral strategy. Peer analysis of Grupo Televisa could also be used in its relative valuation, which is a method of valuing Grupo Televisa by comparing valuation metrics with similar companies.
StarbucksPapa Johns InternationalDominos PizzaRestaurant BrandsADTRAN IncShake ShackDine Brands GlobalAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron Corp
 Risk & Return  Correlation

Grupo Televisa Risk Indicators

The analysis of Grupo Televisa's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Grupo Televisa's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Grupo Televisa stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Grupo Televisa in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Grupo Televisa's short interest history, or implied volatility extrapolated from Grupo Televisa options trading.

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Please check Risk vs Return Analysis. Note that the Grupo Televisa SAB information on this page should be used as a complementary analysis to other Grupo Televisa's 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Other Tools for Grupo Pink Sheet

When running Grupo Televisa SAB price analysis, check to measure Grupo Televisa's 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 Grupo Televisa is operating at the current time. Most of Grupo Televisa's value examination focuses on studying past and present price action to predict the probability of Grupo Televisa's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Grupo Televisa's price. Additionally, you may evaluate how the addition of Grupo Televisa to your portfolios can decrease your overall portfolio volatility.
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