Criteo Sa Stock Forward View - Simple Exponential Smoothing

CRTO Stock  USD 17.64  -0.08  -0.45%   
The Simple Exponential Smoothing forecast reference data for Criteo Sa is based on the equity's recent trading history. Forecast values and accuracy indicators are summarized on this page for reference. This reference information is provided for analytical context.
The Simple Exponential Smoothing forecasted value of Criteo Sa on the next trading day is expected to be 17.64 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 23.19.This simple exponential smoothing model begins by setting Criteo Sa forecast for the second period equal to the observation of the first period. In other words, recent Criteo Sa observations are given relatively more weight in forecasting than the older observations. The Simple Exponential Smoothing projections for Criteo Sa are reference data based on historical daily prices and are provided as informational context.
Criteo Sa 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 Criteo Sa are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Criteo Sa prices get older.

Simple Exponential Smoothing Price Forecast For the 28th of March

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Criteo Sa on the next trading day is expected to be 17.64 with a mean absolute deviation of 0.38 , mean absolute percentage error of 0.21 , and the sum of the absolute errors of 23.19 .
Please note that although there have been many attempts to predict Criteo 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 Criteo Sa'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

Forecasting Criteo Sa for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The current forecast range spans downside near 15.20 and upside near 20.08.
Market Value
17.64
17.64
Expected Value
20.08
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 Criteo Sa stock data series using in forecasting. Note that when a statistical model is used to represent Criteo Sa 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 Criteria116.5685
BiasArithmetic mean of the errors 0.0434
MADMean absolute deviation0.3802
MAPEMean absolute percentage error0.0202
SAESum of the absolute errors23.19
This simple exponential smoothing model begins by setting Criteo Sa forecast for the second period equal to the observation of the first period. In other words, recent Criteo Sa observations are given relatively more weight in forecasting than the older observations.

Other Forecasting Options for Criteo Sa

Volatility clustering is a well-documented feature of Criteo Stock price data where periods of large moves tend to follow other large moves. When Criteo Sa's RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in Criteo Sa's returns can persist when driven by structural factors like earnings calendars or index rebalancing.

Criteo Sa Related Equities

Investors studying Criteo Sa often look at related stocks within the Communication Services space to gauge pricing and results. Return on equity across these peers shows how well each firm turns capital into profit.
 Risk & Return  Correlation

Criteo Sa Market Strength Events

Analyzing market strength indicators for Criteo Sa enables investors to understand relative stock momentum. These tools help identify favorable windows for position changes in Criteo Sa. Market strength indicators support more precise timing of Criteo Sa positions across market cycles.

Criteo Sa Risk Indicators

Identifying and analyzing Criteo Sa's key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in Criteo Sa's and determining how best to manage it. Studying Criteo Sa's risk indicators helps investors understand the risk level of criteo stock.
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 Criteo Sa

The amount of media and story coverage tied to Criteo Sa can signal where market attention is concentrating at the moment. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.

Criteo Sa Short Properties

Short-interest signals around Criteo Sa can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
Common Stock Shares Outstanding53.1 M
Cash And Short Term Investments365.3 M

More Resources for Criteo Stock Analysis

A broader look at Criteo Sa comes from its financial reports and historical data. These indicators describe how financial results are generated.