Emerald Expositions Stock Forward View - Simple Exponential Smoothing
| EEX Stock | USD 4.53 0.03 0.67% |
Emerald Expositions's Simple Exponential Smoothing reference data is generated by applying the model to available daily closing prices. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Exponential Smoothing forecasted value of Emerald Expositions Events on the next trading day is expected to be 4.53 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.79.This simple exponential smoothing model begins by setting Emerald Expositions Events forecast for the second period equal to the observation of the first period. In other words, recent Emerald Expositions observations are given relatively more weight in forecasting than the older observations. Emerald Expositions's Simple Exponential Smoothing reference data is provided for informational and analytical purposes and does not constitute a trading recommendation. Simple Exponential Smoothing Price Forecast For the 27th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Emerald Expositions Events on the next trading day is expected to be 4.53 with a mean absolute deviation of 0.11 , mean absolute percentage error of 0.02 , and the sum of the absolute errors of 6.79 .Please note that although there have been many attempts to predict Emerald 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 Emerald Expositions' 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 Emerald Expositions' predictive range by looking for statistically meaningful downside and upside boundaries. No forecasting approach has been shown to beat all others over time. Investors should treat any model output as a guide, not a guarantee.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Emerald Expositions stock data series using in forecasting. Note that when a statistical model is used to represent Emerald Expositions 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 | 112.5814 |
| Bias | Arithmetic mean of the errors | -0.0023 |
| MAD | Mean absolute deviation | 0.1132 |
| MAPE | Mean absolute percentage error | 0.0246 |
| SAE | Sum of the absolute errors | 6.7894 |
Other Forecasting Options for Emerald Expositions
Analyzing Emerald Expositions' price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Emerald Expositions' chart can signal overbought or oversold conditions.Emerald Expositions Related Equities
These related stocks within the Communication Services space give benchmarks for judging Emerald Expositions' results, margins, and growth trend. Growth rate gaps between Emerald Expositions and its peers often explain pricing differences in the market. Persistent outperformance or underperformance by specific peers relative to Emerald Expositions often signals structural advantages or weaknesses.
| Risk & Return | Correlation |
Emerald Expositions Market Strength Events
Market strength indicators for Emerald Expositions stock provide a framework for assessing security responsiveness. These metrics are widely used to refine market timing and identify favorable moments to trade Emerald Expositions.
Emerald Expositions Risk Indicators
Assessing Emerald Expositions' risk indicators is a critical component of any rigorous approach to forecasting its future price. Forecasting Emerald Expositions' future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 2.41 | |||
| Semi Deviation | 3.29 | |||
| Standard Deviation | 3.39 | |||
| Variance | 11.47 | |||
| Downside Variance | 13.0 | |||
| Semi Variance | 10.82 | |||
| Expected Short fall | -2.75 |
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 Emerald Expositions
A coverage review of Emerald Expositions Events shows when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage separates durable relevance from temporary noise.
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Emerald Expositions Short Properties
Short sentiment tied to Emerald Expositions Events 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 | 198.7 M | |
| Cash And Short Term Investments | 7.2 M |