Enalyzer Stock Forecast - Triple Exponential Smoothing

<div class='circular--portrait' style='background:#8B008B;color: #ffffff;font-size:4em;padding-top: 25px;;'>EN</div>
ENALYZ -- Denmark Stock  

DKK 3.98  0.44  12.43%

Enalyzer Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Enalyzer historical stock prices and determine the direction of Enalyzer AS 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 Enalyzer historical fundamentals such as revenue growth or operating cash flow patterns. Continue to Historical Fundamental Analysis of Enalyzer to cross-verify your projections.

Search Stock Forecast

 
Refresh
Triple exponential smoothing for Enalyzer - 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 Enalyzer 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 Enalyzer price movement. However, neither of these exponential smoothing models address any seasonality of Enalyzer AS.

Enalyzer Triple Exponential Smoothing Price Forecast For the 3rd of June

Given 30 days horizon, the forecasted value of Enalyzer AS on the next trading day is expected to be  3.82  with a mean absolute deviation of  0.21 , mean absolute percentage error of  0.11 , and the sum of the absolute errors of  12.59 
 3.82 

Enalyzer Stock Forecast Pattern

Backtest EnalyzerEnalyzer Price PredictionBuy or Sell Advice 

Enalyzer Forecasted Value

Market Value
3.98
2nd of June 2020
0.0398
Downside
3.82
Expected Value
18.50
Upside

Model Predictive Factors

AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors 0.0048
MADMean absolute deviation0.2134
MAPEMean absolute percentage error0.0635
SAESum of the absolute errors12.5882
As with simple exponential smoothing, in triple exponential smoothing models past Enalyzer 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 Enalyzer AS observations.

Predictive Modules for Enalyzer

There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Enalyzer AS. 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
0.203.9818.66
Details
Intrinsic
Valuation
LowReal ValueHigh
0.152.9917.67
Details

Other Forecasting Options for Enalyzer

View Currently Related Equities

Enalyzer AS Technical and Predictive Analytics

Volatility Measures

Enalyzer Risk Indicators

Current Sentiment - ENALYZ

Enalyzer AS Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Enalyzer AS. What is your opinion about investing in Enalyzer AS? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Enalyzer Pair Correlation

Equities Pair Trading Analysis

Enalyzer AS provides solutions for the measurement and analysis of employee satisfaction, and customer and citizen views on various topics worldwide. The company was founded in 2000 and is based in Copenhagen, Denmark. Enalyzer is traded on Copenhagen Stock Exchange in Denmark.
Continue to Historical Fundamental Analysis of Enalyzer to cross-verify your projections. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page