WisdomTree Investments Stock Forward View - Simple Exponential Smoothing
| 1WT Stock | EUR 11.78 -0.48 -3.92% |
This reference page presents Simple Exponential Smoothing forecast data for WisdomTree Investments. The projected values and error metrics are presented below as reference information. The output values and deviation metrics are provided for informational reference.
The Simple Exponential Smoothing forecasted value of WisdomTree Investments on the next trading day is expected to be 11.79 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.64.This simple exponential smoothing model begins by setting WisdomTree Investments forecast for the second period equal to the observation of the first period. In other words, recent WisdomTree Investments observations are given relatively more weight in forecasting than the older observations. This Simple Exponential Smoothing forecast data for WisdomTree Investments is sourced from the most recent available trading data and is intended solely as reference information. Simple Exponential Smoothing Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of WisdomTree Investments on the next trading day is expected to be 11.79 with a mean absolute deviation of 0.28 , mean absolute percentage error of 0.13 , and the sum of the absolute errors of 16.64 .Please note that although there have been many attempts to predict WisdomTree 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 WisdomTree Investments' 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
Forecasting WisdomTree Investments for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. At the moment, the model places downside around 8.99 and upside around 14.59 for the forecasting period.
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 WisdomTree Investments stock data series using in forecasting. Note that when a statistical model is used to represent WisdomTree Investments 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 | 114.24 |
| Bias | Arithmetic mean of the errors | -0.0247 |
| MAD | Mean absolute deviation | 0.2774 |
| MAPE | Mean absolute percentage error | 0.0212 |
| SAE | Sum of the absolute errors | 16.6429 |
Other Forecasting Options for WisdomTree Investments
WisdomTree Investments' daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in WisdomTree often signals an upcoming reversal or acceleration. Gap analysis of WisdomTree Stock data examines overnight jumps between WisdomTree Investments' closing and opening prices.WisdomTree Investments Related Equities
Checking WisdomTree Investments against related firms within the Financials space helps investors see where the stock stands among peers. Checking WisdomTree Investments against peers on P/E, margins, and return on equity helps put its position in context. How WisdomTree Investments ranks within this group can shift over time as the competitive picture changes. Tracking WisdomTree Investments' results against these peers over time helps spot rising trends early.
| Risk & Return | Correlation |
WisdomTree Investments Market Strength Events
Market strength indicators help investors evaluate how WisdomTree Investments stock reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading WisdomTree Investments. These indicators can identify periods when trading WisdomTree Investments may offer more favorable risk-reward conditions.
WisdomTree Investments Risk Indicators
The analysis of WisdomTree Investments' basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding WisdomTree Investments' allows investors to make informed decisions about their exposure. The analysis of WisdomTree Investments' basic risk metrics provides a foundation for managing investment risk.
| Mean Deviation | 2.1 | |||
| Semi Deviation | 2.54 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.82 | |||
| Downside Variance | 8.64 | |||
| Semi Variance | 6.46 | |||
| Expected Short fall | -2.22 |
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 WisdomTree Investments
The amount of media and story coverage tied to WisdomTree Investments can signal where market attention is concentrating at the moment. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
Other Macroaxis Stories
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Other Information on Investing in WisdomTree Stock
The ratio set for WisdomTree Investments connects key financial figures across reports. These metrics link profitability, liquidity, and valuation signals.