CEOTRONICS Stock Forward View - Simple Exponential Smoothing
| CEK Stock | 11.60 -0.60 -4.92% |
The Simple Exponential Smoothing reference information for CEOTRONICS summarizes the forecasted value and model error statistics based on historical price data. This data is provided for reference and analytical review.
The Simple Exponential Smoothing forecasted value of CEOTRONICS on the next trading day is expected to be 11.60 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.00.This simple exponential smoothing model begins by setting CEOTRONICS forecast for the second period equal to the observation of the first period. In other words, recent CEOTRONICS observations are given relatively more weight in forecasting than the older observations. CEOTRONICS's Simple Exponential Smoothing reference values are drawn from available trading data and are presented for informational reference only. Simple Exponential Smoothing Price Forecast For the 20th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of CEOTRONICS on the next trading day is expected to be 11.60 with a mean absolute deviation of 0.32 , mean absolute percentage error of 0.18 , and the sum of the absolute errors of 19.00 .Please note that although there have been many attempts to predict CEOTRONICS 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 CEOTRONICS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest CEOTRONICS | CEOTRONICS Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates CEOTRONICS's predictive range by looking for statistically meaningful downside and upside boundaries. At the moment, the model places downside around 8.56 and upside around 14.64 for the forecasting period.
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 CEOTRONICS stock data series using in forecasting. Note that when a statistical model is used to represent CEOTRONICS 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 | 114.5382 |
| Bias | Arithmetic mean of the errors | 0.0383 |
| MAD | Mean absolute deviation | 0.3167 |
| MAPE | Mean absolute percentage error | 0.0231 |
| SAE | Sum of the absolute errors | 19.0 |
Other Forecasting Options for CEOTRONICS
Investors evaluating CEOTRONICS at any level need to understand the significance of CEOTRONICS's price movement for their investment outcomes. The presence of noise in CEOTRONICS Stock price charts demands careful analysis to avoid misinterpreting short-term fluctuations as trends.CEOTRONICS Related Equities
The following equities are related to CEOTRONICS within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing CEOTRONICS 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 |
CEOTRONICS Market Strength Events
Market strength indicators applied to CEOTRONICS help investors evaluate how the stock tracks overall market momentum and conditions. These signals are used to determine optimal timing for entering or exiting CEOTRONICS positions.
CEOTRONICS Risk Indicators
The assessment of CEOTRONICS's risk indicators plays a key role in forecasting its future price and managing investment exposure. Investors who measure CEOTRONICS's risk profile carefully are better equipped to decide how to manage their positions.
| Mean Deviation | 2.26 | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.82 |
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 CEOTRONICS
Coverage intensity for CEOTRONICS matters because narrative visibility can influence sentiment, participation, and volatility around the name. A disciplined read of coverage helps investors separate durable relevance from temporary noise.
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.
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CEOTRONICS Short Properties
A short-interest review of CEOTRONICS helps investors understand whether skepticism in the market is becoming more influential. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 8 M | |
| Dividend Yield | 0.027 |
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