Dana Stock Forward View - Double Exponential Smoothing
| DAN Stock | USD 31.83 0.45 1.43% |
This reference page presents Double Exponential Smoothing forecast data for Dana Inc. The model output shown here is derived from Dana's historical price series and is provided for informational purposes.
The Double Exponential Smoothing forecasted value of Dana Inc on the next trading day is expected to be 31.73 with a mean absolute deviation of 0.58 and the sum of the absolute errors of 34.17.When Dana Inc prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Dana Inc trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Dana observations are given relatively more weight in forecasting than the older observations. This Double Exponential Smoothing forecast data for Dana Inc is sourced from the most recent available trading data and is intended solely as reference information. Double Exponential Smoothing Price Forecast For the 18th of March 2026
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Dana Inc on the next trading day is expected to be 31.73 with a mean absolute deviation of 0.58 , mean absolute percentage error of 0.54 , and the sum of the absolute errors of 34.17 .Please note that although there have been many attempts to predict Dana 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 Dana'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
The next-day forecast for Dana Inc focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The projected forecast band currently runs from roughly 29.36 on the downside to about 34.11 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Dana stock data series using in forecasting. Note that when a statistical model is used to represent Dana 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 | 0.1444 |
| MAD | Mean absolute deviation | 0.5792 |
| MAPE | Mean absolute percentage error | 0.0195 |
| SAE | Sum of the absolute errors | 34.1727 |
Other Forecasting Options for Dana
For every potential investor in Dana, whether a beginner or expert, Dana's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better.Dana Related Equities
The following equities are related to Dana within the Consumer Discretionary space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Dana 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 |
Dana Market Strength Events
Market strength indicators help investors to evaluate how Dana stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dana shares will generate the highest return on.
Dana Risk Indicators
The analysis of Dana's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dana's investment and either accepting that risk or mitigating it.
| Mean Deviation | 1.72 | |||
| Semi Deviation | 1.05 | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.63 | |||
| Downside Variance | 2.64 | |||
| Semi Variance | 1.1 | |||
| Expected Short fall | -2.06 |
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 Dana
Coverage intensity for Dana Inc matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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Dana Short Properties
Short sentiment tied to Dana Inc matters because heavier bearish pressure can change how quickly future price expectations become unstable. 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 Outstanding | 139.2 M | |
| Cash And Short Term Investments | 476 M |