Fusion Fuel Stock Forward View - Triple Exponential Smoothing

HTOO Stock  USD 2.74  0.02  0.74%   
Fusion Fuel's Triple Exponential Smoothing reference data reflects the model's output when applied to available daily price observations. This page summarizes the model output and key accuracy metrics for reference. The projected value and error metrics are calculated from available daily price observations. This information is intended as reference material for analytical purposes.
The Triple Exponential Smoothing forecasted value of Fusion Fuel Green on the next trading day is expected to be 2.74 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.54.As with simple exponential smoothing, in triple exponential smoothing models past Fusion Fuel 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 Fusion Fuel Green observations. The Triple Exponential Smoothing reference values for Fusion Fuel are derived from publicly available price data and should be used for informational purposes only.
Triple exponential smoothing for Fusion Fuel - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Fusion Fuel prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Fusion Fuel price movement. However, neither of these exponential smoothing models address any seasonality of Fusion Fuel Green.

Triple Exponential Smoothing Price Forecast For the 27th of March

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Fusion Fuel Green on the next trading day is expected to be 2.74 with a mean absolute deviation of 0.13 , mean absolute percentage error of 0.03 , and the sum of the absolute errors of 7.54 .
Please note that although there have been many attempts to predict Fusion 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 Fusion Fuel'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

For the next trading day, Macroaxis evaluates Fusion Fuel's predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 0.03 on the downside to about 7.15 on the upside.
Market Value
2.74
2.74
Expected Value
7.15
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 Fusion Fuel stock data series using in forecasting. Note that when a statistical model is used to represent Fusion Fuel 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0093
MADMean absolute deviation0.1278
MAPEMean absolute percentage error0.036
SAESum of the absolute errors7.5391
As with simple exponential smoothing, in triple exponential smoothing models past Fusion Fuel 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 Fusion Fuel Green observations.

Other Forecasting Options for Fusion Fuel

Relative Strength Index values for Fusion measure the speed and magnitude of recent price changes. Recognizing these clusters in Fusion Fuel's returns helps calibrate position size and stop-loss levels. Candlestick pattern analysis of Fusion Stock daily data can reveal short-term reversal or continuation signals. Identifying these patterns in Fusion Stock data supports better trade timing.

Fusion Fuel Related Equities

Investors studying Fusion Fuel often look at related stocks within the Utilities space to gauge pricing and results. Looking at Fusion Fuel's pricing multiples next to these peers shows if the stock trades at a premium or discount. When Fusion Fuel breaks from its peer group on a key metric, it often signals a firm-level change worth exploring.
 Risk & Return  Correlation

Fusion Fuel Market Strength Events

Market strength indicators provide a structured view of how Fusion Fuel stock is positioned relative to trends. These indicators are valuable tools for identifying when to enter or exit positions in Fusion Fuel Green. These signals help validate or refine position timing for Fusion Fuel. Review these indicators alongside Fusion Fuel's fundamental data for a complete analytical picture.

Fusion Fuel Risk Indicators

The analysis of Fusion Fuel's risk metrics is one of the most important steps in projecting its future price. This process quantifies the risk associated with Fusion Fuel's and helps determine how to manage it. A structured analysis of Fusion Fuel's risk indicators is one of the most reliable ways to improve forecast accuracy. Investors who carefully evaluate the risks in Fusion Fuel's are better positioned to make informed decisions.
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 Fusion Fuel

A coverage review of Fusion Fuel Green shows when the security is attracting above-average attention from contributors and market observers. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.

Fusion Fuel Short Properties

Short sentiment tied to Fusion Fuel Green matters because heavier bearish pressure can change how quickly future price expectations become unstable. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
Common Stock Shares Outstanding18.5 M
Cash And Short Term Investments214 K

More Resources for Fusion Stock Analysis

A broader look at Fusion Fuel Green comes from its financial reports and historical data. Highlighted below are reports that provide context for Fusion Fuel Green Stock: