Repsol SA OTC Stock Forward View - Double Exponential Smoothing
| REPYF Stock | USD 26.78 0.34 1.29% |
This reference page presents Double Exponential Smoothing forecast data for Repsol SA. The projected values and error metrics are presented below as reference information.
The Double Exponential Smoothing forecasted value of Repsol SA on the next trading day is expected to be 26.99 with a mean absolute deviation of 0.45 and the sum of the absolute errors of 26.31.When Repsol SA prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Repsol SA trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Repsol SA observations are given relatively more weight in forecasting than the older observations. This Double Exponential Smoothing forecast data for Repsol SA is sourced from the most recent available trading data and is intended solely as reference information. Double Exponential Smoothing Price Forecast For the 27th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Repsol SA on the next trading day is expected to be 26.99 with a mean absolute deviation of 0.45 , mean absolute percentage error of 0.60 , and the sum of the absolute errors of 26.31 .Please note that although there have been many attempts to predict Repsol OTC 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 Repsol SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
OTC Stock Forecast Pattern
| Backtest Repsol SA | Repsol SA Price Prediction | Research Analysis |
Forecasted Value
Forecasting Repsol SA for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The projected forecast band currently runs from roughly 23.46 on the downside to about 30.52 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Repsol SA otc stock data series using in forecasting. Note that when a statistical model is used to represent Repsol SA otc 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 | -0.1115 |
| MAD | Mean absolute deviation | 0.4459 |
| MAPE | Mean absolute percentage error | 0.0199 |
| SAE | Sum of the absolute errors | 26.3088 |
Other Forecasting Options for Repsol SA
Repsol SA's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Repsol often signals an upcoming reversal or acceleration.Repsol SA Related Equities
These firms work in a similar space as Repsol SA within the Oil & Gas Integrated space and serve as useful points for comparison. Key comparison metrics include price-to-earnings, profit margin, and revenue growth across Repsol SA's peer group.
| Risk & Return | Correlation |
Repsol SA Market Strength Events
Market strength indicators help investors evaluate how Repsol SA otc stock reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Repsol SA.
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 26.78 | |||
| Day Typical Price | 26.78 | |||
| Price Action Indicator | 0.17 | |||
| Period Momentum Indicator | 0.34 | |||
| Relative Strength Index | 85.68 |
Repsol SA Risk Indicators
The analysis of Repsol SA's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding Repsol SA's allows investors to make informed decisions about their exposure.
| Mean Deviation | 2.18 | |||
| Semi Deviation | 1.63 | |||
| Standard Deviation | 3.46 | |||
| Variance | 11.94 | |||
| Downside Variance | 16.79 | |||
| Semi Variance | 2.65 | |||
| Expected Short fall | -5.27 |
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 Repsol SA
The amount of media and story coverage tied to Repsol SA can signal where market attention is concentrating at the moment. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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Other Information on Investing in Repsol OTC Stock
Repsol SA financial ratios describe how key financial values relate to each other. This information is derived from the most recent year, quarter, or monthly reporting available.