Advanced Micro Stock Forward View - Double Exponential Smoothing
| AMD Stock | 37.53 0.46 1.24% |
Advanced Micro's Double Exponential Smoothing reference data reflects the model's output when applied to available daily price observations. This page summarizes the model output and key accuracy metrics for reference. The projected value and error metrics are calculated from available daily price observations. This information is intended as reference material for analytical purposes.
The Double Exponential Smoothing forecasted value of Advanced Micro Devices on the next trading day is expected to be 37.64 with a mean absolute deviation of 1.04 and the sum of the absolute errors of 62.53.When Advanced Micro Devices 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 Advanced Micro Devices trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Advanced Micro observations are given relatively more weight in forecasting than the older observations. The Double Exponential Smoothing reference values for Advanced Micro are derived from publicly available price data and should be used for informational purposes only. Double Exponential Smoothing Price Forecast For the 26th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Advanced Micro Devices on the next trading day is expected to be 37.64 with a mean absolute deviation of 1.04 , mean absolute percentage error of 2.44 , and the sum of the absolute errors of 62.53 .Please note that although there have been many attempts to predict Advanced 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 Advanced Micro'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
Forecasting Advanced Micro Devices for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The projected forecast band currently runs from roughly 33.82 on the downside to about 41.46 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Advanced Micro stock data series using in forecasting. Note that when a statistical model is used to represent Advanced Micro 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 | 0.1465 |
| MAD | Mean absolute deviation | 1.0422 |
| MAPE | Mean absolute percentage error | 0.0267 |
| SAE | Sum of the absolute errors | 62.53 |
Other Forecasting Options for Advanced Micro
Relative Strength Index values for Advanced measure the speed and magnitude of recent price changes. Recognizing these clusters in Advanced Micro's returns helps calibrate position size and stop-loss levels. Candlestick pattern analysis of Advanced Stock daily data can reveal short-term reversal or continuation signals. Identifying these patterns in Advanced Stock data supports better trade timing.Advanced Micro Related Equities
Checking Advanced Micro against related firms within the Information Technology space helps investors see where the stock stands among peers. Growth rate gaps between Advanced Micro and its peers often explain pricing differences in the market. Persistent outperformance or underperformance by specific peers relative to Advanced Micro often signals structural advantages or weaknesses. The peer review below gives a clear framework for judging Advanced Micro's standing among rivals.
| Risk & Return | Correlation |
Advanced Micro Market Strength Events
Market strength indicators provide a structured view of how Advanced Micro stock is positioned relative to trends. These indicators are valuable tools for identifying when to enter or exit positions in Advanced Micro Devices. These signals help validate or refine position timing for Advanced Micro. Review these indicators alongside Advanced Micro's fundamental data for a complete analytical picture.
Advanced Micro Risk Indicators
The analysis of Advanced Micro's risk metrics is one of the most important steps in projecting its future price. This process quantifies the risk associated with Advanced Micro's and helps determine how to manage it. A structured analysis of Advanced Micro's risk indicators is one of the most reliable ways to improve forecast accuracy. Investors who carefully evaluate the risks in Advanced Micro's are better positioned to make informed decisions.
| Mean Deviation | 2.5 | |||
| Semi Deviation | 3.83 | |||
| Standard Deviation | 3.72 | |||
| Variance | 13.84 | |||
| Downside Variance | 16.79 | |||
| Semi Variance | 14.64 | |||
| Expected Short fall | -2.53 |
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 Advanced Micro
The amount of media and story coverage tied to Advanced Micro Devices can signal where market attention is concentrating at the moment. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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More Resources for Advanced Stock Analysis
Analysis of Advanced Micro Devices often begins with its financial statements and historical patterns. Ratios provide structure to financial performance and growth patterns.Use Historical Fundamental Analysis of Advanced Micro to cross-verify projections for Advanced Micro.Advanced Micro currently shows ROE of 3.26%, market cap of 435.56 Billion. This analysis of Advanced Micro works best as a complementary layer when evaluating how the security fits in a broader portfolio. A thorough Advanced Micro review pairs this page with the quantitative and comparative resources listed below. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.