Jerusalem Stock Forecast - Simple Exponential Smoothing

JBNK Stock  ILS 1,398  3.00  0.22%   
The Simple Exponential Smoothing forecasted value of Jerusalem on the next trading day is expected to be 1,398 with a mean absolute deviation of  11.12  and the sum of the absolute errors of 678.41. Jerusalem Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jerusalem stock prices and determine the direction of Jerusalem's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jerusalem's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Jerusalem to cross-verify your projections.
  
Most investors in Jerusalem 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 Jerusalem's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Jerusalem's price structures and extracts relationships that further increase the generated results' accuracy.
Jerusalem 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 Jerusalem are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Jerusalem prices get older.

Jerusalem Simple Exponential Smoothing Price Forecast For the 30th of March

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Jerusalem on the next trading day is expected to be 1,398 with a mean absolute deviation of 11.12, mean absolute percentage error of 217.77, and the sum of the absolute errors of 678.41.
Please note that although there have been many attempts to predict Jerusalem 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 Jerusalem's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jerusalem Stock Forecast Pattern

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Jerusalem Forecasted Value

In the context of forecasting Jerusalem's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Jerusalem's downside and upside margins for the forecasting period are 1,397 and 1,399, respectively. We have considered Jerusalem's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
1,398
1,398
Expected Value
1,399
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Jerusalem stock data series using in forecasting. Note that when a statistical model is used to represent Jerusalem 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.
AICAkaike Information Criteria123.4939
BiasArithmetic mean of the errors -2.2078
MADMean absolute deviation11.1215
MAPEMean absolute percentage error0.0084
SAESum of the absolute errors678.4097
This simple exponential smoothing model begins by setting Jerusalem forecast for the second period equal to the observation of the first period. In other words, recent Jerusalem observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Jerusalem

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jerusalem. 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 Jerusalem'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.
Hype
Prediction
LowEstimatedHigh
1,3971,3981,399
Details
Intrinsic
Valuation
LowRealHigh
1,2011,2021,538
Details
Bollinger
Band Projection (param)
LowMiddleHigh
1,3121,3541,397
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jerusalem. Your research has to be compared to or analyzed against Jerusalem's peers to derive any actionable benefits. When done correctly, Jerusalem's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jerusalem.

Other Forecasting Options for Jerusalem

For every potential investor in Jerusalem, whether a beginner or expert, Jerusalem's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jerusalem Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jerusalem. Basic forecasting techniques help filter out the noise by identifying Jerusalem's price trends.

Jerusalem 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 Jerusalem stock to make a market-neutral strategy. Peer analysis of Jerusalem could also be used in its relative valuation, which is a method of valuing Jerusalem by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Jerusalem Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Jerusalem's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Jerusalem's current price.

Jerusalem Market Strength Events

Market strength indicators help investors to evaluate how Jerusalem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jerusalem shares will generate the highest return on investment. By undertsting and applying Jerusalem stock market strength indicators, traders can identify Jerusalem entry and exit signals to maximize returns.

Jerusalem Risk Indicators

The analysis of Jerusalem'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 Jerusalem's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jerusalem 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.
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 Historical Fundamental Analysis of Jerusalem to cross-verify your projections.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Jerusalem's price analysis, check to measure Jerusalem'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 Jerusalem is operating at the current time. Most of Jerusalem's value examination focuses on studying past and present price action to predict the probability of Jerusalem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerusalem's price. Additionally, you may evaluate how the addition of Jerusalem to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Jerusalem's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerusalem is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerusalem'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.