Tuesday Morning Stock Forecast - Double Exponential Smoothing
| TUEM Stock | USD 0.0001 0.00 0.00% |
The Double Exponential Smoothing forecasted value of Tuesday Morning Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00003 and the sum of the absolute errors of 0. Tuesday Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tuesday Morning stock prices and determine the direction of Tuesday Morning Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tuesday Morning's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Tuesday Morning's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Tuesday Morning's systematic risk associated with finding meaningful patterns of Tuesday Morning fundamentals over time.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Tuesday |
Most investors in Tuesday Morning 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 Tuesday Morning's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Tuesday Morning'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 Tuesday Morning works best with periods where there are trends or seasonality. Tuesday Morning Double Exponential Smoothing Price Forecast For the 17th of April 2024
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Tuesday Morning Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00003, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Tuesday 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 Tuesday Morning's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Tuesday Morning Stock 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 Tuesday Morning stock data series using in forecasting. Note that when a statistical model is used to represent Tuesday Morning 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 | Huge |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.1941 |
| SAE | Sum of the absolute errors | 0.0017 |
Predictive Modules for Tuesday Morning
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tuesday Morning Corp. 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 Tuesday Morning'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.
Tuesday Morning 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 Tuesday Morning stock to make a market-neutral strategy. Peer analysis of Tuesday Morning could also be used in its relative valuation, which is a method of valuing Tuesday Morning by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tuesday Morning Market Strength Events
Market strength indicators help investors to evaluate how Tuesday Morning stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tuesday Morning shares will generate the highest return on investment. By undertsting and applying Tuesday Morning stock market strength indicators, traders can identify Tuesday Morning Corp entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Tuesday Morning Risk Indicators
The analysis of Tuesday Morning'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 Tuesday Morning's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tuesday 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 | 9.59 | |||
| Standard Deviation | 23.69 | |||
| Variance | 561.1 |
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.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Tuesday Morning Corp information on this page should be used as a complementary analysis to other Tuesday Morning'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 the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Tuesday Stock analysis
When running Tuesday Morning's price analysis, check to measure Tuesday Morning'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 Tuesday Morning is operating at the current time. Most of Tuesday Morning's value examination focuses on studying past and present price action to predict the probability of Tuesday Morning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tuesday Morning's price. Additionally, you may evaluate how the addition of Tuesday Morning to your portfolios can decrease your overall portfolio volatility.
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Is Tuesday Morning's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tuesday Morning. If investors know Tuesday will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tuesday Morning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (0.59) | Revenue Per Share 248.967 | Quarterly Revenue Growth (0.11) | Return On Assets (0.11) |
The market value of Tuesday Morning Corp is measured differently than its book value, which is the value of Tuesday that is recorded on the company's balance sheet. Investors also form their own opinion of Tuesday Morning's value that differs from its market value or its book value, called intrinsic value, which is Tuesday Morning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tuesday Morning's market value can be influenced by many factors that don't directly affect Tuesday Morning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tuesday Morning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tuesday Morning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tuesday Morning'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.