ING Group Stock Forward View - Simple Exponential Smoothing
| ING Stock | USD 25.12 -0.63 -2.45% |
This reference page presents Simple Exponential Smoothing forecast data for ING Group NV. The projected values and error metrics are presented below as reference information. The output values and deviation metrics are provided for informational reference.
The Simple Exponential Smoothing forecasted value of ING Group NV on the next trading day is expected to be 25.12 with a mean absolute deviation of 0.45 and the sum of the absolute errors of 27.57.This simple exponential smoothing model begins by setting ING Group NV forecast for the second period equal to the observation of the first period. In other words, recent ING Group observations are given relatively more weight in forecasting than the older observations. This Simple Exponential Smoothing forecast data for ING Group NV is sourced from the most recent available trading data and is intended solely as reference information. Simple Exponential Smoothing Price Forecast For the 28th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of ING Group NV on the next trading day is expected to be 25.12 with a mean absolute deviation of 0.45 , mean absolute percentage error of 0.30 , and the sum of the absolute errors of 27.57 .Please note that although there have been many attempts to predict ING 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 ING Group'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
Forecasting ING Group NV for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The current forecast range spans downside near 23.19 and upside near 27.05.
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 ING Group stock data series using in forecasting. Note that when a statistical model is used to represent ING Group 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 | 116.8935 |
| Bias | Arithmetic mean of the errors | 0.0431 |
| MAD | Mean absolute deviation | 0.452 |
| MAPE | Mean absolute percentage error | 0.0161 |
| SAE | Sum of the absolute errors | 27.57 |
Other Forecasting Options for ING Group
ING Group's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in ING often signals an upcoming reversal or acceleration. Gap analysis of ING Stock data examines overnight jumps between ING Group's closing and opening prices.ING Group Related Equities
The stocks listed below are peers of ING Group within the Financials space and offer context for ranking and strength. Looking at ING Group's pricing multiples next to these peers shows if the stock trades at a premium or discount.
| Risk & Return | Correlation |
ING Group Market Strength Events
Market strength indicators help investors evaluate how ING Group stock reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading ING Group NV. These indicators can identify periods when trading ING Group NV may offer more favorable risk-reward conditions.
ING Group Risk Indicators
The analysis of ING Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding ING Group's allows investors to make informed decisions about their exposure. The analysis of ING Group's basic risk metrics provides a foundation for managing investment risk.
| Mean Deviation | 1.54 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.46 |
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 ING Group
The amount of media and story coverage tied to ING Group NV can signal where market attention is concentrating at the moment. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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ING Group Short Properties
Short-interest signals around ING Group NV can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 3 B | |
| Cash And Short Term Investments | 106.3 B |