Compagnie Pink Sheet Forward View - Simple Exponential Smoothing
| CODGF Pink Sheet | USD 81.30 -0.20 -0.25% |
Compagnie's Simple Exponential Smoothing reference data is generated by applying the model to available daily closing prices. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Exponential Smoothing forecasted value of Compagnie de Saint Gobain on the next trading day is expected to be 81.30 with a mean absolute deviation of 1.06 and the sum of the absolute errors of 64.46.This simple exponential smoothing model begins by setting Compagnie de Saint Gobain forecast for the second period equal to the observation of the first period. In other words, recent Compagnie observations are given relatively more weight in forecasting than the older observations. Compagnie's Simple Exponential Smoothing reference data is provided for informational and analytical purposes and does not constitute a trading recommendation. Simple Exponential Smoothing Price Forecast For the 28th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Compagnie de Saint Gobain on the next trading day is expected to be 81.30 with a mean absolute deviation of 1.06 , mean absolute percentage error of 4.26 , and the sum of the absolute errors of 64.46 .Please note that although there have been many attempts to predict Compagnie Pink Sheet 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 Compagnie's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
| Backtest Compagnie | Compagnie Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Compagnie de Saint Gobain uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 79.22 and upside near 83.38.
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 Compagnie pink sheet data series using in forecasting. Note that when a statistical model is used to represent Compagnie pink sheet, 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 | 119.5597 |
| Bias | Arithmetic mean of the errors | 0.3197 |
| MAD | Mean absolute deviation | 1.0567 |
| MAPE | Mean absolute percentage error | 0.0113 |
| SAE | Sum of the absolute errors | 64.46 |
Other Forecasting Options for Compagnie
Analyzing Compagnie's price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Compagnie's chart can signal overbought or oversold conditions.Compagnie Related Equities
Investors studying Compagnie often look at related stocks within the Building Products & Equipment space to gauge pricing and results. Key comparison metrics include price-to-earnings, profit margin, and revenue growth across Compagnie's peer group. How Compagnie ranks within this group can shift over time as the competitive picture changes.
| Risk & Return | Correlation |
Compagnie Market Strength Events
Market strength indicators for Compagnie pink sheet provide a framework for assessing security responsiveness. These metrics are widely used to refine market timing and identify favorable moments to trade Compagnie.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 81.3 | |||
| Day Typical Price | 81.3 | |||
| Price Action Indicator | -0.10 | |||
| Period Momentum Indicator | -0.20 | |||
| Relative Strength Index | 28.34 |
Compagnie Risk Indicators
Assessing Compagnie's risk indicators is a critical component of any rigorous approach to forecasting its future price. Forecasting Compagnie's future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 1.23 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.1 |
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 Compagnie
Story coverage around Compagnie de Saint Gobain often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
Story Categories
Currently Trending Categories
More Resources for Compagnie Pink Sheet Analysis
Other Information on Investing in Compagnie Pink Sheet
At Compagnie, financial ratios outline links between core financial data. Values are aligned with the most recent reporting period available to us.