Altisource Portfolio Stock Forward View - Triple Exponential Smoothing
| ASPS Stock | USD 6.43 -0.07 -1.08% |
Altisource Portfolio Solutions's Triple Exponential Smoothing reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use.
The Triple Exponential Smoothing forecasted value of Altisource Portfolio Solutions on the next trading day is expected to be 6.44 with a mean absolute deviation of 0.33 and the sum of the absolute errors of 19.67.As with simple exponential smoothing, in triple exponential smoothing models past Altisource Portfolio 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 Altisource Portfolio Solutions observations. All Triple Exponential Smoothing forecast figures shown for Altisource Portfolio Solutions are reference data reflecting model output based on available historical prices. Triple Exponential Smoothing Price Forecast For the 28th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Altisource Portfolio Solutions on the next trading day is expected to be 6.44 with a mean absolute deviation of 0.33 , mean absolute percentage error of 0.21 , and the sum of the absolute errors of 19.67 .Please note that although there have been many attempts to predict Altisource 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 Altisource Portfolio'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
This next-day forecast for Altisource Portfolio Solutions uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. At the moment, the model places downside around 0.06 and upside around 13.65 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 Altisource Portfolio stock data series using in forecasting. Note that when a statistical model is used to represent Altisource Portfolio 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 | 0.0674 |
| MAD | Mean absolute deviation | 0.3334 |
| MAPE | Mean absolute percentage error | 0.0537 |
| SAE | Sum of the absolute errors | 19.6706 |
Other Forecasting Options for Altisource Portfolio
Bollinger Bands applied to Altisource Stock price data measure how far Altisource has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Altisource Portfolio's price data.Altisource Portfolio Related Equities
These related stocks within the Real Estate space give benchmarks for judging Altisource Portfolio's results, margins, and growth trend. Peer review on balance sheet metrics shows how Altisource Portfolio's capital structure stacks up against similar firms.
| Risk & Return | Correlation |
Altisource Portfolio Market Strength Events
For investors tracking Altisource Portfolio Solutions, market strength indicators offer quantitative evaluation of stock behavior. These indicators add context to timing decisions around Altisource Portfolio Solutions positions.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 6.43 | |||
| Day Typical Price | 6.43 | |||
| Price Action Indicator | -0.04 | |||
| Period Momentum Indicator | -0.07 | |||
| Relative Strength Index | 49.16 |
Altisource Portfolio Risk Indicators
Analyzing Altisource Portfolio's basic risk indicators provides investors with a structured view of the risk-return trade-off for altisource stock. By identifying the level of risk embedded in Altisource Portfolio's investment, investors can make informed decisions about position sizing.
| Mean Deviation | 4.76 | |||
| Semi Deviation | 5.52 | |||
| Standard Deviation | 7.03 | |||
| Variance | 49.38 | |||
| Downside Variance | 33.41 | |||
| Semi Variance | 30.44 | |||
| Expected Short fall | -5.24 |
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 Altisource Portfolio
Coverage intensity for Altisource Portfolio Solutions matters because narrative visibility can influence sentiment, participation, and volatility around the name. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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Altisource Portfolio Short Properties
Reviewing short-oriented indicators for Altisource Portfolio Solutions is useful because long and short participants often create very different signals for timing and volatility. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 11.1 M | |
| Cash And Short Term Investments | 26.6 M |
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