Dassault Systemes Pink Sheet Forward View - Double Exponential Smoothing
| DASTY Stock | USD 19.70 -0.77 -3.76% |
The Double Exponential Smoothing forecast reference data for Dassault Systemes 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 Double Exponential Smoothing forecasted value of Dassault Systemes SA on the next trading day is expected to be 19.65 with a mean absolute deviation of 0.45 and the sum of the absolute errors of 26.51.When Dassault Systemes SA 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 Dassault Systemes SA 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 Dassault Systemes observations are given relatively more weight in forecasting than the older observations. The Double Exponential Smoothing projections for Dassault Systemes SA are reference data based on historical daily prices and are provided as informational context. Double Exponential Smoothing Price Forecast For the 24th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Dassault Systemes SA on the next trading day is expected to be 19.65 with a mean absolute deviation of 0.45 , mean absolute percentage error of 0.73 , and the sum of the absolute errors of 26.51 .Please note that although there have been many attempts to predict Dassault 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 Dassault Systemes' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
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Forecasted Value
This next-day forecast for Dassault Systemes SA uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. At the moment, the model places downside around 16.40 and upside around 22.90 for the forecasting period.
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 Dassault Systemes pink sheet data series using in forecasting. Note that when a statistical model is used to represent Dassault Systemes 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0869 |
| MAD | Mean absolute deviation | 0.4493 |
| MAPE | Mean absolute percentage error | 0.0192 |
| SAE | Sum of the absolute errors | 26.51 |
Other Forecasting Options for Dassault Systemes
Volatility clustering is a well-documented feature of Dassault Pink Sheet price data where periods of large moves tend to follow other large moves. When Dassault Systemes' RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in Dassault Systemes' returns can persist when driven by structural factors like earnings calendars or index rebalancing.Dassault Systemes Related Equities
The stocks listed below are peers of Dassault Systemes within the Information Technology space and offer context for ranking and strength. Checking Dassault Systemes against peers on P/E, margins, and return on equity helps put its position in context. When Dassault Systemes breaks from its peer group on a key metric, it often signals a firm-level change worth exploring.
| Risk & Return | Correlation |
Dassault Systemes Market Strength Events
Analyzing market strength indicators for Dassault Systemes enables investors to understand relative pink sheet momentum. Investors use these tools to determine the best times to initiate or close positions in Dassault Systemes SA. Market strength indicators support more precise timing of Dassault Systemes SA positions across market cycles.
Dassault Systemes Risk Indicators
Identifying and analyzing Dassault Systemes' key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in Dassault Systemes' and determining how best to manage it. Studying Dassault Systemes' risk indicators helps investors understand the risk level of dassault pink sheet.
| Mean Deviation | 1.72 | |||
| Standard Deviation | 3.13 | |||
| Variance | 9.81 |
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 Dassault Systemes
Story coverage around Dassault Systemes SA 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.
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Dassault Systemes Short Properties
Reviewing short-oriented indicators for Dassault Systemes SA is useful because long and short participants often create very different signals for timing and volatility. 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 | 1.3 B | |
| Cash And Short Term Investments | 3 B |
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Other Information on Investing in Dassault Pink Sheet
Financial ratios for Dassault Systemes organize key financial data into structured relationships. Values are aligned with the most recent reporting period available to us.