Willy Food Stock Forecast - Double Exponential Smoothing
| WLFD Stock | ILA 1,925 69.00 3.72% |
The Double Exponential Smoothing forecasted value of Willy Food on the next trading day is expected to be 1,925 with a mean absolute deviation of 32.72 and the sum of the absolute errors of 1,963. Willy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Willy Food stock prices and determine the direction of Willy Food's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Willy Food's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Your Current Watchlist 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 board of governors. Willy |
Most investors in Willy Food 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 Willy Food's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Willy Food'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 Willy Food works best with periods where there are trends or seasonality. Willy Food Double Exponential Smoothing Price Forecast For the 3rd of May
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Willy Food on the next trading day is expected to be 1,925 with a mean absolute deviation of 32.72, mean absolute percentage error of 1,765, and the sum of the absolute errors of 1,963.Please note that although there have been many attempts to predict Willy 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 Willy Food's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Willy Food Stock Forecast Pattern
| Backtest Willy Food | Willy Food Price Prediction | Buy or Sell Advice |
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 Willy Food stock data series using in forecasting. Note that when a statistical model is used to represent Willy Food 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 | 5.9898 |
| MAD | Mean absolute deviation | 32.7222 |
| MAPE | Mean absolute percentage error | 0.0165 |
| SAE | Sum of the absolute errors | 1963.332 |
Predictive Modules for Willy Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Willy Food. 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 Willy Food'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.
Willy Food 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 Willy Food stock to make a market-neutral strategy. Peer analysis of Willy Food could also be used in its relative valuation, which is a method of valuing Willy Food by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Willy Food Market Strength Events
Market strength indicators help investors to evaluate how Willy Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Willy Food shares will generate the highest return on investment. By undertsting and applying Willy Food stock market strength indicators, traders can identify Willy Food entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 1925.0 | |||
| Day Typical Price | 1925.0 | |||
| Price Action Indicator | 34.5 | |||
| Period Momentum Indicator | 69.0 | |||
| Relative Strength Index | 50.29 |
Willy Food Risk Indicators
The analysis of Willy Food'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 Willy Food's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting willy 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 | 1.52 | |||
| Semi Deviation | 1.83 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.96 | |||
| Downside Variance | 4.19 | |||
| Semi Variance | 3.35 | |||
| Expected Short fall | (1.83) |
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.
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 Willy Food 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, Willy Food's short interest history, or implied volatility extrapolated from Willy Food options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
| CRM | Salesforce | |
| GOOG | Alphabet Inc Class C |
Check out Your Current Watchlist 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 board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Willy Stock analysis
When running Willy Food's price analysis, check to measure Willy Food'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 Willy Food is operating at the current time. Most of Willy Food's value examination focuses on studying past and present price action to predict the probability of Willy Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Willy Food's price. Additionally, you may evaluate how the addition of Willy Food to your portfolios can decrease your overall portfolio volatility.
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