WisdomTree Dynamic Triple Exponential Smoothing

DHDG -- USA Etf  

USD 27.07  0.44  1.65%

Investors can use this prediction interface to forecast WisdomTree Dynamic historic prices and determine the direction of WisdomTree Dynamic Currency Hed future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of WisdomTree Dynamic historical fundamentals such as revenue growth or operating cash flow patterns. Continue to Historical Fundamental Analysis of WisdomTree Dynamic to cross-verify your projections.
Horizon     30 Days    Login   to change
Triple exponential smoothing for WisdomTree Dynamic - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When WisdomTree Dynamic 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 trend in WisdomTree Dynamic price movement. However, neither of these exponential smoothing models address any seasonality of WisdomTree Dynamic.
Given 30 days horizon, the value of WisdomTree Dynamic Currency Hed on the next trading day is expected to be 27.02235

WisdomTree Dynamic Prediction Pattern

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WisdomTree Dynamic Forecasted Value

Market Value
January 22, 2020
Expected Value

Model Predictive Factors

AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0334
MADMean absolute deviation0.1453
MAPEMean absolute percentage error0.0056
SAESum of the absolute errors8.7158
As with simple exponential smoothing, in triple exponential smoothing models past WisdomTree Dynamic observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older WisdomTree Dynamic Currency Hed observations.

Volatility Measures

WisdomTree Dynamic Risk Indicators