DMY Squared Stock Forward View - Triple Exponential Smoothing
| DMYY Stock | 13.00 -0.25 -1.89% |
This reference page presents Triple Exponential Smoothing forecast data for dMY Squared Technology. The model output shown here is derived from DMY Squared's historical price series and is provided for informational purposes.
The Triple Exponential Smoothing forecasted value of dMY Squared Technology on the next trading day is expected to be 13.13 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.92.As with simple exponential smoothing, in triple exponential smoothing models past DMY Squared 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 dMY Squared Technology observations. This Triple Exponential Smoothing forecast data for dMY Squared Technology is sourced from the most recent available trading data and is intended solely as reference information. Triple Exponential Smoothing Price Forecast For the 20th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of dMY Squared Technology on the next trading day is expected to be 13.13 with a mean absolute deviation of 0.13 , mean absolute percentage error of 0.05 , and the sum of the absolute errors of 7.92 .Please note that although there have been many attempts to predict DMY 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 DMY Squared'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 dMY Squared Technology focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The projected forecast band currently runs from roughly 11.40 on the downside to about 14.87 on the upside.
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 DMY Squared stock data series using in forecasting. Note that when a statistical model is used to represent DMY Squared 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 | 0.0112 |
| MAD | Mean absolute deviation | 0.1343 |
| MAPE | Mean absolute percentage error | 0.0107 |
| SAE | Sum of the absolute errors | 7.9215 |
Other Forecasting Options for DMY Squared
For every potential investor in DMY, whether a beginner or expert, DMY Squared's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better.DMY Squared Related Equities
The following equities are related to DMY Squared within the Financials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing DMY Squared 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 |
DMY Squared Market Strength Events
Market strength indicators help investors to evaluate how DMY Squared stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DMY Squared shares will generate the highest return on.
DMY Squared Risk Indicators
The analysis of DMY Squared'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 DMY Squared's investment and either accepting that risk or mitigating it.
| Mean Deviation | 1.13 | |||
| Standard Deviation | 2.0 | |||
| Variance | 4.02 |
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 DMY Squared
Story coverage around dMY Squared Technology often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage helps investors separate durable relevance from temporary noise.
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DMY Squared Short Properties
Reviewing short-oriented indicators for dMY Squared Technology is useful because long and short participants often create very different signals for timing and volatility. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 2.4 M | |
| Cash And Short Term Investments | 309.4 K |