Apple Stock Forward View - Triple Exponential Smoothing
| APC Stock | EUR 218.50 -2.60 -1.18% |
The Triple Exponential Smoothing forecast reference data for Apple Inc is based on the equity's recent trading history. This page summarizes the model output and key accuracy metrics for reference.
The Triple Exponential Smoothing forecasted value of Apple Inc on the next trading day is expected to be 218.99 with a mean absolute deviation of 2.55 and the sum of the absolute errors of 153.01.As with simple exponential smoothing, in triple exponential smoothing models past Apple 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 Apple Inc observations. All Triple Exponential Smoothing forecast figures shown for Apple Inc are reference data reflecting model output based on available historical prices. Triple Exponential Smoothing Price Forecast For the 20th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Apple Inc on the next trading day is expected to be 218.99 with a mean absolute deviation of 2.55 , mean absolute percentage error of 11.54 , and the sum of the absolute errors of 153.01 .Please note that although there have been many attempts to predict Apple 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 Apple's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Apple | Apple Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Apple Inc uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 217.49 and upside near 220.49.
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 Apple stock data series using in forecasting. Note that when a statistical model is used to represent Apple 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 | 0.7205 |
| MAD | Mean absolute deviation | 2.5502 |
| MAPE | Mean absolute percentage error | 0.0114 |
| SAE | Sum of the absolute errors | 153.01 |
Other Forecasting Options for Apple
Whether a novice or experienced investor, anyone considering Apple needs to understand the dynamics of Apple's price movement. Price charts for Apple Stock contain a significant amount of noise that can distort investment decisions.Apple Related Equities
The following equities are related to Apple within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Apple 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 |
Apple Market Strength Events
Analyzing market strength indicators for Apple enables investors to understand how the stock performs relative to overall market momentum. These indicators are valuable tools for identifying when to enter or exit positions in Apple Inc.
Apple Risk Indicators
Identifying and analyzing Apple's key risk indicators is a foundational step in projecting how its price may evolve. This process helps investors quantify the risk associated with Apple's and decide how to manage it.
| Mean Deviation | 1.04 | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.06 |
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 Apple
The amount of media and story coverage tied to Apple Inc can signal where market attention is concentrating at the moment. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.
Story Categories
Currently Trending Categories
Apple Short Properties
Reviewing short-oriented indicators for Apple Inc is useful because long and short participants often create very different signals for timing and volatility. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 14.8 B | |
| Dividends Paid | -15.4 B |
More Resources for Apple Stock Analysis
A structured review of Apple Inc often starts with core financial statements and trend context. Ratio analysis helps investors evaluate Apple Inc Stock operating efficiency and financial trajectory. Highlighted below are reports that provide context for Apple Inc Stock:Historical Fundamental Analysis of Apple provides a cross-check on projections for Apple. The historical series provides projection context.Apple currently shows market cap of 2.61 Trillion. This analysis of Apple works best as a complementary layer when evaluating how the security fits in a broader portfolio. The supplemental views below help investors decide how Apple complements or overlaps with existing portfolio holdings. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.