Diebold Nixdorf Stock Forward View - Triple Exponential Smoothing
| DBD Stock | USD 71.49 -0.21 -0.29% |
Diebold Nixdorf's Triple Exponential Smoothing reference data is generated by applying the model to available daily closing prices. The projected values and error metrics are presented below as reference information.
The Triple Exponential Smoothing forecasted value of Diebold Nixdorf Incorporated on the next trading day is expected to be 71.78 with a mean absolute deviation of 1.18 and the sum of the absolute errors of 69.63.As with simple exponential smoothing, in triple exponential smoothing models past Diebold Nixdorf observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Diebold Nixdorf Incorporated observations. The Triple Exponential Smoothing reference values for Diebold Nixdorf are derived from publicly available price data and should be used for informational purposes only. Triple Exponential Smoothing Price Forecast For the 21st of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Diebold Nixdorf Incorporated on the next trading day is expected to be 71.78 with a mean absolute deviation of 1.18 , mean absolute percentage error of 2.36 , and the sum of the absolute errors of 69.63 .Please note that although there have been many attempts to predict Diebold 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 Diebold Nixdorf'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
For the next trading day, Macroaxis evaluates Diebold Nixdorf's predictive range by looking for statistically meaningful downside and upside boundaries. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Diebold Nixdorf stock data series using in forecasting. Note that when a statistical model is used to represent Diebold Nixdorf 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 | 0.2367 |
| MAD | Mean absolute deviation | 1.1801 |
| MAPE | Mean absolute percentage error | 0.0162 |
| SAE | Sum of the absolute errors | 69.625 |
Other Forecasting Options for Diebold Nixdorf
For investors of all experience levels considering Diebold, understanding Diebold Nixdorf's price movement is fundamental to making sound investment decisions. Diebold Stock price charts contain significant noise that can obscure meaningful trends.Diebold Nixdorf Related Equities
The following equities are related to Diebold Nixdorf within the Information Technology space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Diebold Nixdorf 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 |
Diebold Nixdorf Market Strength Events
Market strength indicators for Diebold Nixdorf stock provide investors with a framework for assessing how the security responds to changing market conditions. These indicators help determine optimal entry and exit points for trading Diebold Nixdorf.
Diebold Nixdorf Risk Indicators
Assessing Diebold Nixdorf's risk indicators is a critical component of any rigorous approach to forecasting its future price. Understanding the risk involved in holding Diebold Nixdorf's allows investors to make an informed decision about whether to accept or mitigate that exposure.
| Mean Deviation | 1.51 | |||
| Semi Deviation | 1.86 | |||
| Standard Deviation | 2.0 | |||
| Variance | 3.99 | |||
| Downside Variance | 3.8 | |||
| Semi Variance | 3.45 | |||
| Expected Short fall | -1.57 |
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 Diebold Nixdorf
The amount of media and story coverage tied to Diebold Nixdorf Incorporated can signal where market attention is concentrating at the moment. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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Diebold Nixdorf Short Properties
Reviewing short-oriented indicators for Diebold Nixdorf Incorporated is useful because long and short participants often create very different signals for timing and volatility. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 37.2 M | |
| Cash And Short Term Investments | 416.4 M |