NanoXplore Stock Forward View - Simple Exponential Smoothing
| GRA Stock | 1.79 0.02 1.13% |
This reference page presents Simple Exponential Smoothing forecast data for NanoXplore. The model output shown here is derived from NanoXplore's historical price series and is provided for informational purposes.
The Simple Exponential Smoothing forecasted value of NanoXplore on the next trading day is expected to be 1.79 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.83.This simple exponential smoothing model begins by setting NanoXplore forecast for the second period equal to the observation of the first period. In other words, recent NanoXplore observations are given relatively more weight in forecasting than the older observations. This Simple Exponential Smoothing forecast data for NanoXplore is sourced from the most recent available trading data and is intended solely as reference information. Simple Exponential Smoothing Price Forecast For the 22nd of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of NanoXplore on the next trading day is expected to be 1.79 with a mean absolute deviation of 0.05 , mean absolute percentage error of 0.0038 , and the sum of the absolute errors of 2.83 .Please note that although there have been many attempts to predict NanoXplore 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 NanoXplore's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest NanoXplore | NanoXplore Price Prediction | Research Analysis |
Forecasted Value
Forecasting NanoXplore for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. At the moment, the model places downside around 0.02 and upside around 4.44 for the forecasting period.
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 NanoXplore stock data series using in forecasting. Note that when a statistical model is used to represent NanoXplore 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 | 112.5476 |
| Bias | Arithmetic mean of the errors | 0.0097 |
| MAD | Mean absolute deviation | 0.0464 |
| MAPE | Mean absolute percentage error | 0.0203 |
| SAE | Sum of the absolute errors | 2.83 |
Other Forecasting Options for NanoXplore
For every potential investor in NanoXplore, whether a beginner or expert, NanoXplore's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better.NanoXplore Related Equities
The following equities are related to NanoXplore within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing NanoXplore 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 |
NanoXplore Market Strength Events
Market strength indicators help investors to evaluate how NanoXplore stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NanoXplore shares will generate the highest return on.
| Accumulation Distribution | 5400.23 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 1.76 | |||
| Day Typical Price | 1.77 | |||
| Price Action Indicator | 0.04 | |||
| Period Momentum Indicator | 0.02 |
NanoXplore Risk Indicators
The analysis of NanoXplore'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 NanoXplore's investment and either accepting that risk or mitigating it.
| Mean Deviation | 1.97 | |||
| Standard Deviation | 2.71 | |||
| Variance | 7.36 |
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 NanoXplore
Coverage intensity for NanoXplore matters because narrative visibility can influence sentiment, participation, and volatility around the name. A disciplined read of coverage separates durable relevance from temporary noise.
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NanoXplore Short Properties
A short-interest review of NanoXplore provides context for understanding whether skepticism in the market is becoming more influential. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 170.6 M | |
| Cash And Short Term Investments | 18.6 M |
More Resources for NanoXplore Stock Analysis
Other Information on Investing in NanoXplore Stock
NanoXplore financial ratios describe how key financial values relate to each other. These metrics connect profitability and cash flow with broader valuation context. The structure supports consistent evaluation across periods. All information reflects the latest available financial data and is presented for reference purposes.