COPT Defense Stock Forward View - Simple Exponential Smoothing

CDP Stock   31.97  0.33  1.04%   
The Simple Exponential Smoothing forecast reference data for COPT Defense Properties is based on the equity's recent trading history. This page summarizes the model output and key accuracy metrics for reference.
The Simple Exponential Smoothing forecasted value of COPT Defense Properties on the next trading day is expected to be 31.97 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 18.06.This simple exponential smoothing model begins by setting COPT Defense Properties forecast for the second period equal to the observation of the first period. In other words, recent COPT Defense observations are given relatively more weight in forecasting than the older observations. All Simple Exponential Smoothing forecast figures shown for COPT Defense Properties are reference data reflecting model output based on available historical prices.
COPT Defense 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 COPT Defense Properties are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as COPT Defense Properties prices get older.

Simple Exponential Smoothing Price Forecast For the 21st of March

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of COPT Defense Properties on the next trading day is expected to be 31.97 with a mean absolute deviation of 0.30 , mean absolute percentage error of 0.15 , and the sum of the absolute errors of 18.06 .
Please note that although there have been many attempts to predict COPT 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 COPT Defense'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

For the next trading day, Macroaxis evaluates COPT Defense's predictive range by looking for statistically meaningful downside and upside boundaries. At the moment, the model places downside around 30.70 and upside around 33.24 for the forecasting period.
Market Value
31.97
31.97
Expected Value
33.24
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 COPT Defense stock data series using in forecasting. Note that when a statistical model is used to represent COPT Defense 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 Criteria114.4023
BiasArithmetic mean of the errors -0.067
MADMean absolute deviation0.301
MAPEMean absolute percentage error0.0097
SAESum of the absolute errors18.06
This simple exponential smoothing model begins by setting COPT Defense Properties forecast for the second period equal to the observation of the first period. In other words, recent COPT Defense observations are given relatively more weight in forecasting than the older observations.

Other Forecasting Options for COPT Defense

Whether a novice or experienced investor, anyone considering COPT needs to understand the dynamics of COPT Defense's price movement. Price charts for COPT Stock contain a significant amount of noise that can distort investment decisions.

COPT Defense Related Equities

The following equities are related to COPT Defense within the Real Estate space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing COPT Defense 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

COPT Defense Market Strength Events

Analyzing market strength indicators for COPT Defense 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 COPT Defense Properties.

COPT Defense Risk Indicators

Identifying and analyzing COPT Defense's key risk indicators is a foundational step in projecting how its price may evolve. This process quantifies the risk associated with COPT Defense's and decide how to manage 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 COPT Defense

Story coverage around COPT Defense Properties often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.

COPT Defense Short Properties

Short-interest signals around COPT Defense Properties can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
Common Stock Shares Outstanding113.3 M
Cash And Short Term Investments275 M

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