NWS Holdings Pink Sheet Forward View - Simple Exponential Smoothing
| NWSGY Stock | USD 9.60 -1.85 -16.16% |
NWS Holdings's Simple Exponential Smoothing reference data is generated by applying the model to available daily closing prices. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Exponential Smoothing forecasted value of NWS Holdings Ltd on the next trading day is expected to be 9.60 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.16.This simple exponential smoothing model begins by setting NWS Holdings Ltd forecast for the second period equal to the observation of the first period. In other words, recent NWS Holdings observations are given relatively more weight in forecasting than the older observations. NWS Holdings'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 23rd of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of NWS Holdings Ltd on the next trading day is expected to be 9.60 with a mean absolute deviation of 0.14 , mean absolute percentage error of 0.10 , and the sum of the absolute errors of 8.16 .Please note that although there have been many attempts to predict NWS Pink Sheet 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 NWS Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
| Backtest NWS Holdings | NWS Holdings Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates NWS Holdings' predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 6.68 on the downside to about 12.52 on the upside.
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 NWS Holdings pink sheet data series using in forecasting. Note that when a statistical model is used to represent NWS Holdings pink sheet, 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 | 114.0142 |
| Bias | Arithmetic mean of the errors | -0.0173 |
| MAD | Mean absolute deviation | 0.136 |
| MAPE | Mean absolute percentage error | 0.0129 |
| SAE | Sum of the absolute errors | 8.16 |
Other Forecasting Options for NWS Holdings
Analyzing NWS Holdings' price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in NWS Holdings' chart can signal overbought or oversold conditions.NWS Holdings Related Equities
The stocks listed below are peers of NWS Holdings within the Engineering & Construction space and offer context for ranking and strength. Looking at NWS Holdings' pricing multiples next to these peers shows if the stock trades at a premium or discount. Peer review is most useful when paired with absolute pricing and trend checks.
| Risk & Return | Correlation |
NWS Holdings Market Strength Events
Market strength indicators for NWS Holdings pink sheet provide a framework for assessing security responsiveness. These metrics are widely used to refine market timing and identify favorable moments to trade NWS Holdings.
NWS Holdings Risk Indicators
Assessing NWS Holdings' risk indicators is a critical component of any rigorous approach to forecasting its future price. Forecasting NWS Holdings' future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 1.36 | |||
| Semi Deviation | 2.58 | |||
| Standard Deviation | 2.92 | |||
| Variance | 8.5 | |||
| Downside Variance | 65.15 | |||
| Semi Variance | 6.67 | |||
| Expected Short fall | -3.12 |
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 NWS Holdings
A coverage review of NWS Holdings Ltd shows when the security is attracting above-average attention from contributors and market observers. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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NWS Holdings ratios capture relationships across its reported financial data. They outline how earnings and cash flow connect to company value.