FUJIFILM Holdings Pink Sheet Forward View - Simple Exponential Smoothing
| FUJIF Stock | USD 19.66 1.03 5.53% |
The Simple Exponential Smoothing forecast shown here for FUJIFILM Holdings is reference data produced from its historical price series. The projected value and error measures below serve as reference information. This data is provided for reference and analytical review. The Simple Exponential Smoothing output serves as one input among many for analytical review.
The Simple Exponential Smoothing forecasted value of FUJIFILM Holdings on the next trading day is expected to be 19.66 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.84.This simple exponential smoothing model begins by setting FUJIFILM Holdings forecast for the second period equal to the observation of the first period. In other words, recent FUJIFILM Holdings observations are given relatively more weight in forecasting than the older observations. This Simple Exponential Smoothing reference page for FUJIFILM Holdings presents model-generated projections from historical price data for informational purposes. Simple Exponential Smoothing Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of FUJIFILM Holdings on the next trading day is expected to be 19.66 with a mean absolute deviation of 0.13 , mean absolute percentage error of 0.18 , and the sum of the absolute errors of 7.84 .Please note that although there have been many attempts to predict FUJIFILM 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 FUJIFILM Holdings' 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
For the next trading day, Macroaxis evaluates FUJIFILM Holdings' 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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of FUJIFILM Holdings pink sheet data series using in forecasting. Note that when a statistical model is used to represent FUJIFILM Holdings 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 | 114.5628 |
| Bias | Arithmetic mean of the errors | 0.02 |
| MAD | Mean absolute deviation | 0.1307 |
| MAPE | Mean absolute percentage error | 0.0067 |
| SAE | Sum of the absolute errors | 7.84 |
Other Forecasting Options for FUJIFILM Holdings
The distribution of FUJIFILM Holdings' daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in FUJIFILM Holdings' chart that simple price charts miss. The slope of FUJIFILM Holdings' linear regression channel quantifies trend direction and strength over a chosen lookback period. Divergences between OBV and price can foreshadow trend changes in FUJIFILM.FUJIFILM Holdings Related Equities
FUJIFILM Holdings's market space within the Business Equipment & Supplies space is best grasped by looking at the firms listed below. Looking at FUJIFILM Holdings' pricing multiples next to these peers shows if the stock trades at a premium or discount.
| Risk & Return | Correlation |
FUJIFILM Holdings Market Strength Events
Market strength indicators for FUJIFILM Holdings give insight into the pink sheet's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in FUJIFILM Holdings. Market strength analysis for FUJIFILM Holdings works best when combined with volume and volatility data. For FUJIFILM Holdings, strength indicators are a practical complement to price and fundamental analysis.
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 19.66 | |||
| Day Typical Price | 19.66 | |||
| Price Action Indicator | 0.52 | |||
| Period Momentum Indicator | 1.03 | |||
| Relative Strength Index | 50.8 |
FUJIFILM Holdings Risk Indicators
A thorough review of FUJIFILM Holdings' risk indicators is an important first step in forecasting its price. Quantifying the risk involved in FUJIFILM Holdings' allows investors to make better decisions about entry, sizing, and hedging. The assessment of FUJIFILM Holdings' risk indicators plays a key role in managing investment exposure. Identifying the magnitude of risk in FUJIFILM Holdings' provides context to choose between accepting or hedging exposure.
| Mean Deviation | 0.7193 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.99 |
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 FUJIFILM Holdings
A coverage review of FUJIFILM Holdings shows when the security is attracting above-average attention from contributors and market observers. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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Other Information on Investing in FUJIFILM Pink Sheet
The ratio set for FUJIFILM Holdings connects key financial figures across reports. This helps frame how profit and cash flow relate to overall value.