Ameriprise Financial Stock Forward View - Simple Exponential Smoothing

AMP Stock  USD 436.81  -11.34  -2.53%   
This page provides Simple Exponential Smoothing reference data for Ameriprise Financial, calculated from historical daily prices. The model output shown here is derived from Ameriprise Financial's historical price series and is provided for informational purposes.
The Simple Exponential Smoothing forecasted value of Ameriprise Financial on the next trading day is expected to be 436.81 with a mean absolute deviation of 7.75 and the sum of the absolute errors of 465.08.This simple exponential smoothing model begins by setting Ameriprise Financial forecast for the second period equal to the observation of the first period. In other words, recent Ameriprise Financial observations are given relatively more weight in forecasting than the older observations. The Simple Exponential Smoothing reference information for Ameriprise Financial is based on available price data and is intended for informational purposes.
Ameriprise Financial simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Ameriprise Financial are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Ameriprise Financial prices get older.

Simple Exponential Smoothing Price Forecast For the 28th of March

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Ameriprise Financial on the next trading day is expected to be 436.81 with a mean absolute deviation of 7.75 , mean absolute percentage error of 99.77 , and the sum of the absolute errors of 465.08 .
Please note that although there have been many attempts to predict Ameriprise 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 Ameriprise Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Stock Forecast Pattern

Backtest Ameriprise Financial  Ameriprise Financial Price Prediction  Research Analysis  

Forecasted Value

For the next trading day, Macroaxis evaluates Ameriprise Financial's predictive range by looking for statistically meaningful downside and upside boundaries. At the moment, the model places downside around 434.85 and upside around 438.77 for the forecasting period.
Market Value
436.81
434.85
Downside
436.81
Expected Value
438.77
Upside

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 Ameriprise Financial stock data series using in forecasting. Note that when a statistical model is used to represent Ameriprise Financial 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.
AICAkaike Information Criteria120.8755
BiasArithmetic mean of the errors 0.9367
MADMean absolute deviation7.7513
MAPEMean absolute percentage error0.016
SAESum of the absolute errors465.08
This simple exponential smoothing model begins by setting Ameriprise Financial forecast for the second period equal to the observation of the first period. In other words, recent Ameriprise Financial observations are given relatively more weight in forecasting than the older observations.

Other Forecasting Options for Ameriprise Financial

The autocorrelation structure of Ameriprise Financial's daily returns reveals whether Ameriprise exhibits momentum, mean-reversion, or random-walk behavior. Separating these elements helps distinguish persistent directional moves from temporary noise in Ameriprise Stock price data.

Ameriprise Financial Related Equities

These stocks are related to Ameriprise Financial within the Financials space and can be used for peer review, pricing, or spreading risk. Revenue and margin checks across this group help investors set expectations for Ameriprise Financial's results. Sector-wide trends across this peer group can help split company-level factors from broader forces. This peer set gives the context needed for a well-rounded view of Ameriprise Financial.
 Risk & Return  Correlation

Ameriprise Financial Market Strength Events

Market strength indicators applied to Ameriprise Financial stock help assess momentum and resilience across environments. These indicators support informed market timing decisions when analyzing Ameriprise Financial.

Ameriprise Financial Risk Indicators

Risk indicator analysis for Ameriprise Financial is essential for accurately projecting its future price trajectory. The process involves identifying the amount of risk involved in Ameriprise Financial's investment and either accepting or mitigating it.
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 Ameriprise Financial

The amount of media and story coverage tied to Ameriprise Financial can signal where market attention is concentrating at the moment. A disciplined read of coverage separates durable relevance from temporary noise.

Ameriprise Financial Short Properties

Short sentiment tied to Ameriprise Financial matters because heavier bearish pressure can change how quickly future price expectations become unstable. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
Common Stock Shares Outstanding96.3 M
Cash And Short Term Investments10.1 B

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