Icahn Enterprises Stock Forward View - Simple Exponential Smoothing
| IEP Stock | USD 7.55 -0.08 -1.05% |
This page provides Simple Exponential Smoothing reference data for Icahn Enterprises LP, calculated from historical daily prices. The forecast output and associated deviation metrics are shown for informational use.
The Simple Exponential Smoothing forecasted value of Icahn Enterprises LP on the next trading day is expected to be 7.55 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 5.10.This simple exponential smoothing model begins by setting Icahn Enterprises LP forecast for the second period equal to the observation of the first period. In other words, recent Icahn Enterprises observations are given relatively more weight in forecasting than the older observations. Icahn Enterprises'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 22nd of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Icahn Enterprises LP on the next trading day is expected to be 7.55 with a mean absolute deviation of 0.08 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 5.10 .Please note that although there have been many attempts to predict Icahn 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 Icahn Enterprises' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Icahn Enterprises | Icahn Enterprises Price Prediction | Research Analysis |
Forecasted Value
Forecasting Icahn Enterprises LP for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. 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 Icahn Enterprises stock data series using in forecasting. Note that when a statistical model is used to represent Icahn Enterprises 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 | 113.6897 |
| Bias | Arithmetic mean of the errors | -0.0126 |
| MAD | Mean absolute deviation | 0.0836 |
| MAPE | Mean absolute percentage error | 0.0113 |
| SAE | Sum of the absolute errors | 5.0972 |
Other Forecasting Options for Icahn Enterprises
The price movement of Icahn is a central concern for all potential investors, regardless of their level of expertise. Icahn Stock price charts can be difficult to interpret due to the noise present in the data.Icahn Enterprises Related Equities
The following equities are related to Icahn Enterprises within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Icahn Enterprises 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 |
Icahn Enterprises Market Strength Events
Market strength indicators applied to Icahn Enterprises stock help investors assess the relative momentum and resilience of the security in different market environments. By using these indicators, traders can make more informed decisions about when to buy or sell Icahn Enterprises LP.
| Accumulation Distribution | 33321.72 | |||
| Daily Balance Of Power | -0.57 | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 7.56 | |||
| Day Typical Price | 7.56 | |||
| Price Action Indicator | -0.05 | |||
| Period Momentum Indicator | -0.08 |
Icahn Enterprises Risk Indicators
Risk indicator analysis for Icahn Enterprises is essential for accurately projecting its future price trajectory. By identifying the level of risk embedded in Icahn Enterprises' investment, investors can make informed decisions about position sizing and risk mitigation.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.38 | |||
| Standard Deviation | 1.58 | |||
| Variance | 2.48 | |||
| Downside Variance | 2.15 | |||
| Semi Variance | 1.9 | |||
| Expected Short fall | -1.34 |
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 Icahn Enterprises
A coverage review of Icahn Enterprises LP 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.
Contributor Headline
Latest Perspective From Macroaxis
Icahn Enterprises Short Properties
Short-interest signals around Icahn Enterprises LP can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 575 M | |
| Cash And Short Term Investments | 5.7 B |
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