PCC ROKITA Stock Forward View - Triple Exponential Smoothing
| 229 Stock | EUR 15.98 0.14 0.88% |
PCC ROKITA SA'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 PCC ROKITA SA on the next trading day is expected to be 15.97 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 12.94.As with simple exponential smoothing, in triple exponential smoothing models past PCC ROKITA 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 PCC ROKITA SA observations. This Triple Exponential Smoothing forecast data for PCC ROKITA SA is sourced from the most recent available trading data and is intended solely as reference information. Triple Exponential Smoothing Price Forecast For the 20th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of PCC ROKITA SA on the next trading day is expected to be 15.97 with a mean absolute deviation of 0.22 , mean absolute percentage error of 0.12 , and the sum of the absolute errors of 12.94 .Please note that although there have been many attempts to predict PCC 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 PCC ROKITA'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
For the next trading day, Macroaxis evaluates PCC ROKITA's predictive range by looking for statistically meaningful downside and upside boundaries. At the moment, the model places downside around 13.63 and upside around 18.30 for the forecasting period.
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 PCC ROKITA stock data series using in forecasting. Note that when a statistical model is used to represent PCC ROKITA 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 | -0.0179 |
| MAD | Mean absolute deviation | 0.2157 |
| MAPE | Mean absolute percentage error | 0.0135 |
| SAE | Sum of the absolute errors | 12.9407 |
Other Forecasting Options for PCC ROKITA
The movement of PCC price is the central consideration for investors deciding whether to enter or hold a position. Noise in PCC Stock price charts can make it difficult to distinguish meaningful trends from random fluctuations.PCC ROKITA Related Equities
The following equities are related to PCC ROKITA within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing PCC ROKITA 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 |
PCC ROKITA Market Strength Events
Investors use market strength indicators for PCC ROKITA to evaluate how the stock performs relative to broader market trends. These indicators support more precise timing of PCC ROKITA SA positions, helping investors maximize return and minimize poorly-timed trades.
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 15.98 | |||
| Day Typical Price | 15.98 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.14 | |||
| Relative Strength Index | 51.24 |
PCC ROKITA Risk Indicators
A careful analysis of PCC ROKITA's basic risk indicators helps investors understand the risk environment surrounding pcc stock. This understanding is an essential input for forecasting PCC ROKITA's future price and for deciding how to manage the associated investment risk.
| Mean Deviation | 1.19 | |||
| Semi Deviation | 1.55 | |||
| Standard Deviation | 2.25 | |||
| Variance | 5.07 | |||
| Downside Variance | 3.22 | |||
| Semi Variance | 2.39 | |||
| Expected Short fall | -1.42 |
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 PCC ROKITA
Story coverage around PCC ROKITA SA often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage helps investors separate durable relevance from temporary noise.
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Financial ratios for PCC ROKITA help frame valuation context across profits, cash flow, and enterprise value. They help compare PCC to other measures in a consistent way.