Dexterra Stock Forecast - Triple Exponential Smoothing
| DXT Stock | CAD 13.01 0.05 0.38% |
The Triple Exponential Smoothing forecasted value of Dexterra Group on the next trading day is expected to be 13.09 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.10. Dexterra Stock Forecast is based on your current time horizon. Although Dexterra's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Dexterra's systematic risk associated with finding meaningful patterns of Dexterra fundamentals over time.
As of today the relative strength index (rsi) of Dexterra's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.729 | EPS Estimate Next Quarter 0.1767 | EPS Estimate Current Year 0.74 | EPS Estimate Next Year 0.89 | Wall Street Target Price 13.8571 |
Using Dexterra hype-based prediction, you can estimate the value of Dexterra Group from the perspective of Dexterra response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Dexterra Group on the next trading day is expected to be 13.09 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.10. Dexterra after-hype prediction price | CAD 13.01 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Dexterra |
Dexterra Additional Predictive Modules
Most predictive techniques to examine Dexterra price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dexterra using various technical indicators. When you analyze Dexterra charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Dexterra Triple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Dexterra Group on the next trading day is expected to be 13.09 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.10.Please note that although there have been many attempts to predict Dexterra Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Dexterra's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Dexterra Stock Forecast Pattern
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Dexterra Forecasted Value
In the context of forecasting Dexterra's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Dexterra's downside and upside margins for the forecasting period are 11.71 and 14.47, respectively. We have considered Dexterra's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
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 Dexterra stock data series using in forecasting. Note that when a statistical model is used to represent Dexterra 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 | 0.0383 |
| MAD | Mean absolute deviation | 0.135 |
| MAPE | Mean absolute percentage error | 0.0115 |
| SAE | Sum of the absolute errors | 8.1 |
Predictive Modules for Dexterra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dexterra Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Dexterra After-Hype Price Prediction Density Analysis
As far as predicting the price of Dexterra at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Dexterra or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Dexterra, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Dexterra Estimiated After-Hype Price Volatility
In the context of predicting Dexterra's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Dexterra's historical news coverage. Dexterra's after-hype downside and upside margins for the prediction period are 11.63 and 14.39, respectively. We have considered Dexterra's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Dexterra is very steady at this time. Analysis and calculation of next after-hype price of Dexterra Group is based on 3 months time horizon.
Dexterra Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Dexterra is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dexterra backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Dexterra, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.36 | 1.38 | 0.02 | 0.01 | 8 Events / Month | 2 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
13.01 | 13.01 | 0.00 |
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Dexterra Hype Timeline
Dexterra Group is currently traded for 13.01on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.01. Dexterra is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.36%. %. The volatility of related hype on Dexterra is about 4312.5%, with the expected price after the next announcement by competition of 13.02. About 53.0% of the company shares are held by company insiders. The book value of Dexterra was currently reported as 4.57. The company has Price/Earnings To Growth (PEG) ratio of 0.61. Dexterra Group last dividend was issued on the 31st of December 2025. The entity had 1:5 split on the 16th of July 2020. Assuming the 90 days trading horizon the next anticipated press release will be in about 8 days. Check out Historical Fundamental Analysis of Dexterra to cross-verify your projections.Dexterra Related Hype Analysis
Having access to credible news sources related to Dexterra's direct competition is more important than ever and may enhance your ability to predict Dexterra's future price movements. Getting to know how Dexterra's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Dexterra may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GDI | GDI Integrated | (0.21) | 6 per month | 0.64 | 0.11 | 2.83 | (2.24) | 24.02 | |
| KBL | K Bro Linen | 0.65 | 8 per month | 0.00 | (0.20) | 1.70 | (1.54) | 4.39 | |
| CGY | Calian Technologies | (0.78) | 8 per month | 1.66 | 0.11 | 3.17 | (3.12) | 15.15 | |
| CHR | Chorus Aviation | (0.29) | 8 per month | 0.00 | (0.06) | 2.20 | (1.74) | 11.55 | |
| ALC | Algoma Central | (0.19) | 7 per month | 0.80 | 0.07 | 2.19 | (1.29) | 5.96 | |
| DIV | Diversified Royalty Corp | 0.02 | 8 per month | 0.84 | 0.11 | 1.47 | (1.17) | 8.51 | |
| AFN | Ag Growth International | 0.52 | 8 per month | 7.55 | 0 | 5.56 | (4.87) | 42.95 | |
| WJX | Wajax | 0.33 | 5 per month | 0.66 | 0.15 | 2.08 | (1.50) | 10.71 | |
| ZDC | Zedcor Energy | 0.31 | 2 per month | 4.23 | (0.0009) | 4.94 | (4.31) | 23.80 | |
| ADEN | ADENTRA | (0.04) | 2 per month | 1.41 | 0.09 | 3.03 | (2.54) | 9.95 |
Other Forecasting Options for Dexterra
For every potential investor in Dexterra, whether a beginner or expert, Dexterra's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dexterra Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dexterra. Basic forecasting techniques help filter out the noise by identifying Dexterra's price trends.Dexterra Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dexterra stock to make a market-neutral strategy. Peer analysis of Dexterra could also be used in its relative valuation, which is a method of valuing Dexterra by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Dexterra Market Strength Events
Market strength indicators help investors to evaluate how Dexterra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dexterra shares will generate the highest return on investment. By undertsting and applying Dexterra stock market strength indicators, traders can identify Dexterra Group entry and exit signals to maximize returns.
| Accumulation Distribution | 770.27 | |||
| Daily Balance Of Power | (0.26) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 13.04 | |||
| Day Typical Price | 13.03 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.05) |
Dexterra Risk Indicators
The analysis of Dexterra'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 Dexterra's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dexterra stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.14 | |||
| Semi Deviation | 0.7756 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.15 | |||
| Downside Variance | 1.69 | |||
| Semi Variance | 0.6016 | |||
| Expected Short fall | (1.42) |
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 Dexterra
The number of cover stories for Dexterra depends on current market conditions and Dexterra's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Dexterra is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Dexterra's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Dexterra Stock
Dexterra financial ratios help investors to determine whether Dexterra Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dexterra with respect to the benefits of owning Dexterra security.