Bong AB Stock Forward View - Triple Exponential Smoothing
| BONG Stock | SEK 0.62 0.03 5.08% |
Bong AB's Triple Exponential Smoothing forecast reference data is generated from the equity's historical trading prices. This page presents the model output and associated accuracy measures as reference information.
The Triple Exponential Smoothing forecasted value of Bong AB on the next trading day is expected to be 0.62 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.93.As with simple exponential smoothing, in triple exponential smoothing models past Bong AB 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 Bong AB observations. The Triple Exponential Smoothing projections for Bong AB are reference data based on historical daily prices and are provided as informational context. Triple Exponential Smoothing Price Forecast For the 19th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Bong AB on the next trading day is expected to be 0.62 with a mean absolute deviation of 0.02 , mean absolute percentage error of 0.0005 , and the sum of the absolute errors of 0.93 .Please note that although there have been many attempts to predict Bong 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 Bong AB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Bong AB | Bong AB Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Bong AB focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 0.01 and upside near 3.74.
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 Bong AB stock data series using in forecasting. Note that when a statistical model is used to represent Bong AB 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 | -0.004 |
| MAD | Mean absolute deviation | 0.0155 |
| MAPE | Mean absolute percentage error | 0.0253 |
| SAE | Sum of the absolute errors | 0.9311 |
Other Forecasting Options for Bong AB
The price trajectory of Bong is the primary concern for any investor assessing it as an opportunity. Bong Stock price charts are filled with noise that can easily mislead uninformed investment decisions.Bong AB Related Equities
The following equities are related to Bong AB within the Packaging & Containers space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Bong AB 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 |
Bong AB Market Strength Events
Understanding the market strength of Bong AB stock enables investors to assess the security's momentum and responsiveness to broader market forces. These indicators are essential tools for timing trades in Bong AB with greater precision.
Bong AB Risk Indicators
Reviewing Bong AB's basic risk indicators is essential for investors who want to forecast its price and manage their investment risk effectively. This analysis helps identify the amount of risk involved in holding Bong AB's and informs decisions about hedging and position.
| Mean Deviation | 2.12 | |||
| Standard Deviation | 3.4 | |||
| Variance | 11.53 |
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 Bong AB
A coverage review of Bong AB helps investors see when the security is attracting above-average attention from contributors and market observers. 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
Bong AB Short Properties
A short-interest review of Bong AB helps investors understand whether skepticism in the market is becoming more influential. 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 | 211.2 M | |
| Cash And Short Term Investments | 135.2 M |
Additional Tools for Bong Stock Analysis
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Prophet Use AI to generate optimal portfolios and find profitable investment opportunities |