McKesson Stock Forward View - Simple Exponential Smoothing
| MCK Stock | USD 941.89 -1.36 -0.14% |
The Simple Exponential Smoothing forecast reference data for McKesson is based on the equity's recent trading history. This page summarizes the model output and key accuracy metrics for reference.
The Simple Exponential Smoothing forecasted value of McKesson on the next trading day is expected to be 942.08 with a mean absolute deviation of 11.46 and the sum of the absolute errors of 687.55.This simple exponential smoothing model begins by setting McKesson forecast for the second period equal to the observation of the first period. In other words, recent McKesson observations are given relatively more weight in forecasting than the older observations. All Simple Exponential Smoothing forecast figures shown for McKesson are reference data reflecting model output based on available historical prices. Simple Exponential Smoothing Price Forecast For the 18th of March 2026
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of McKesson on the next trading day is expected to be 942.08 with a mean absolute deviation of 11.46 , mean absolute percentage error of 448.91 , and the sum of the absolute errors of 687.55 .Please note that although there have been many attempts to predict McKesson 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 McKesson'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 McKesson's predictive range by looking for statistically meaningful downside and upside boundaries. At the moment, the model places downside around 939.55 and upside around 944.61 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 McKesson stock data series using in forecasting. Note that when a statistical model is used to represent McKesson 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 | 122.3794 |
| Bias | Arithmetic mean of the errors | -2.8524 |
| MAD | Mean absolute deviation | 11.4591 |
| MAPE | Mean absolute percentage error | 0.0126 |
| SAE | Sum of the absolute errors | 687.5465 |
Other Forecasting Options for McKesson
Whether a novice or experienced investor, anyone considering McKesson needs to understand the dynamics of McKesson's price movement. Price charts for McKesson Stock contain a significant amount of noise that can distort investment decisions.McKesson Related Equities
The following equities are related to McKesson within the Health Care space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing McKesson 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 |
McKesson Market Strength Events
Analyzing market strength indicators for McKesson enables investors to understand how the stock performs relative to overall market momentum. These indicators are valuable tools for identifying when to enter or exit positions in McKesson.
McKesson Risk Indicators
Identifying and analyzing McKesson's key risk indicators is a foundational step in projecting how its price may evolve. This process helps investors quantify the risk associated with McKesson's and decide how to manage it.
| Mean Deviation | 1.19 | |||
| Semi Deviation | 1.44 | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.97 | |||
| Downside Variance | 3.29 | |||
| Semi Variance | 2.07 | |||
| Expected Short fall | -1.22 |
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 McKesson
The amount of media and story coverage tied to McKesson can signal where market attention is concentrating at the moment. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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McKesson Short Properties
Reviewing short-oriented indicators for McKesson is useful because long and short participants often create very different signals for timing and volatility. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 128.1 M | |
| Cash And Short Term Investments | 5.7 B |