PNC Multi Triple Exponential Smoothing

PEWCX -- USA Fund  

USD 29.10  0.32  1.11%

Investors can use this prediction interface to forecast PNC Multi historic prices and determine the direction of PNC Multi Factor Large Cap Grow 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 PNC Multi historical fundamentals such as revenue growth or operating cash flow patterns. Additionally take a look at Historical Fundamental Analysis of PNC Multi to cross-verify your projections.
Horizon     30 Days    Login   to change
Triple exponential smoothing for PNC Multi - 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 PNC Multi 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 PNC Multi price movement. However, neither of these exponential smoothing models address any seasonality of PNC Multi Factor.
Given 30 days horizon, the value of PNC Multi Factor Large Cap Grow on the next trading day is expected to be 29.004633

PNC Multi Factor Prediction Pattern

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PNC Multi Forecasted Value

Market Value
December 6, 2019
Expected Value

Model Predictive Factors

AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0783
MADMean absolute deviation0.218
MAPEMean absolute percentage error0.0074
SAESum of the absolute errors12.8608
As with simple exponential smoothing, in triple exponential smoothing models past PNC Multi 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 PNC Multi Factor Large Cap Grow observations.

Volatility Measures

PNC Multi Risk Indicators