NN Group Stock Forward View - Triple Exponential Smoothing
| NN Stock | EUR 65.70 -0.64 -0.96% |
This reference page presents Triple Exponential Smoothing forecast data for NN Group NV. The model output shown here is derived from NN Group's historical price series and is provided for informational purposes.
The Triple Exponential Smoothing forecasted value of NN Group NV on the next trading day is expected to be 65.75 with a mean absolute deviation of 0.69 and the sum of the absolute errors of 41.11.As with simple exponential smoothing, in triple exponential smoothing models past NN Group 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 NN Group NV observations. This Triple Exponential Smoothing forecast data for NN Group NV is sourced from the most recent available trading data and is intended solely as reference information. Triple Exponential Smoothing Price Forecast For the 22nd of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of NN Group NV on the next trading day is expected to be 65.75 with a mean absolute deviation of 0.69 , mean absolute percentage error of 0.79 , and the sum of the absolute errors of 41.11 .Please note that although there have been many attempts to predict NN Group 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 NN Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest NN Group | NN Group Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates NN Group's predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 64.46 on the downside to about 67.04 on the 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 NN Group stock data series using in forecasting. Note that when a statistical model is used to represent NN 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.1387 |
| MAD | Mean absolute deviation | 0.6851 |
| MAPE | Mean absolute percentage error | 0.0102 |
| SAE | Sum of the absolute errors | 41.1074 |
Other Forecasting Options for NN Group
For every potential investor in NN Group, whether a beginner or expert, NN Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better.NN Group Related Equities
The following equities are related to NN Group within the Financials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing NN Group 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 |
NN Group Market Strength Events
Market strength indicators help investors to evaluate how NN Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NN Group shares will generate the highest return on.
| Accumulation Distribution | 64197.09 | |||
| Daily Balance Of Power | -0.35 | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 66.29 | |||
| Day Typical Price | 66.09 | |||
| Price Action Indicator | -0.91 | |||
| Period Momentum Indicator | -0.64 |
NN Group Risk Indicators
The analysis of NN Group'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 NN Group's investment and either accepting that risk or mitigating it.
| Mean Deviation | 0.9667 | |||
| Semi Deviation | 1.47 | |||
| Standard Deviation | 1.26 | |||
| Variance | 1.59 | |||
| Downside Variance | 2.47 | |||
| Semi Variance | 2.15 | |||
| Expected Short fall | -0.86 |
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 NN Group
Story coverage around NN Group NV often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.
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NN Group Short Properties
Short-interest signals around NN 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 | 285.1 M | |
| Cash And Short Term Investments | 6.4 B |
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