RALCO AGENCIES Stock Forecast - Simple Exponential Smoothing

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RLCO -- Israel Stock  

ILA 1,920  10.00  0.52%

RALCO AGENCIES Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast RALCO AGENCIES historical stock prices and determine the direction of RALCO AGENCIES'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 RALCO AGENCIES historical fundamentals such as revenue growth or operating cash flow patterns. Additionally, take a look at Your Equity Center.

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

RALCO AGENCIES Simple Exponential Smoothing Price Forecast For the 6th of July

Given 30 days horizon, the forecasted value of RALCO AGENCIES on the next trading day is expected to be  1,920  with a mean absolute deviation of  65.80 , mean absolute percentage error of  9,823 , and the sum of the absolute errors of  3,948 
 1,920 

RALCO AGENCIES Stock Forecast Pattern

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Model Predictive Factors

AICAkaike Information Criteria125.4651
BiasArithmetic mean of the errors 7.55
MADMean absolute deviation65.796
MAPEMean absolute percentage error0.034
SAESum of the absolute errors3947.76
This simple exponential smoothing model begins by setting RALCO AGENCIES forecast for the second period equal to the observation of the first period. In other words, recent RALCO AGENCIES observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for RALCO AGENCIES

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RALCO AGENCIES. 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.
Hype
Prediction
LowEstimated ValueHigh
1,9171,9201,923
Details
Intrinsic
Valuation
LowReal ValueHigh
1,6551,6582,112
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,8551,9652,076
Details

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Additionally, take a look at Your Equity Center. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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