Munters Group Stock Forward View - Triple Exponential Smoothing
| 1MS Stock | EUR 15.26 -0.01 -0.07% |
Munters Group AB's Triple Exponential Smoothing reference page summarizes the forecasted price and model accuracy metrics derived from daily trading data. This reference information is provided for analytical context.
The Triple Exponential Smoothing forecasted value of Munters Group AB on the next trading day is expected to be 15.15 with a mean absolute deviation of 0.43 and the sum of the absolute errors of 25.74.As with simple exponential smoothing, in triple exponential smoothing models past Munters Group 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 Munters Group AB observations. This Triple Exponential Smoothing forecast data for Munters Group AB is sourced from the most recent available trading data and is intended solely as reference information. Triple Exponential Smoothing Price Forecast For the 19th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Munters Group AB on the next trading day is expected to be 15.15 with a mean absolute deviation of 0.43 , mean absolute percentage error of 0.31 , and the sum of the absolute errors of 25.74 .Please note that although there have been many attempts to predict Munters Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Munters Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
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Forecasted Value
This next-day forecast for Munters Group AB uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 12.04 and upside near 18.25.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Munters Group stock data series using in forecasting. Note that when a statistical model is used to represent Munters Group 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.0948 |
| MAD | Mean absolute deviation | 0.429 |
| MAPE | Mean absolute percentage error | 0.026 |
| SAE | Sum of the absolute errors | 25.7401 |
Other Forecasting Options for Munters Group
The movement of Munters price is the central consideration for investors deciding whether to enter or hold a position. Noise in Munters Stock price charts can make it difficult to distinguish meaningful trends from random fluctuations.Munters Group Related Equities
The following equities are related to Munters Group within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Munters Group against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Munters Group Market Strength Events
Investors use market strength indicators for Munters Group to evaluate how the stock performs relative to broader market trends. These indicators support more precise timing of Munters Group AB positions, helping investors maximize return and minimize poorly-timed trades.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.26 | |||
| Day Typical Price | 15.26 | |||
| Price Action Indicator | -0.01 | |||
| Period Momentum Indicator | -0.01 | |||
| Relative Strength Index | 42.29 |
Munters Group Risk Indicators
A careful analysis of Munters Group's basic risk indicators helps investors understand the risk environment surrounding munters stock. This understanding is an essential input for forecasting Munters Group's future price and for deciding how to manage the associated investment risk.
| Mean Deviation | 2.2 | |||
| Standard Deviation | 3.02 | |||
| Variance | 9.15 |
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.
Story Coverage note for Munters Group
Coverage intensity for Munters Group AB matters because narrative visibility can influence sentiment, participation, and volatility around the name. A disciplined read of coverage helps investors separate durable relevance from temporary noise.
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Munters Group Short Properties
Short sentiment tied to Munters Group AB matters because heavier bearish pressure can change how quickly future price expectations become unstable. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 182.5 M | |
| Dividends Paid | -292 M |
More Resources for Munters Stock Analysis
Other Information on Investing in Munters Stock
Financial ratios for Munters Group provide valuation context across profits, cash flow, and enterprise value. They help compare Munters across valuation measures in a consistent way.