Salmon Evolution Stock Forward View - Double Exponential Smoothing
| SALME Stock | NOK 4.54 -0.06 -1.30% |
Salmon Evolution's Double Exponential Smoothing reference data reflects the model's output when applied to available daily price observations. This page summarizes the model output and key accuracy metrics for reference. The projected value and error metrics are calculated from available daily price observations. This information is intended as reference material for analytical purposes.
The Double Exponential Smoothing forecasted value of Salmon Evolution Holding on the next trading day is expected to be 4.54 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.66.When Salmon Evolution Holding 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 Salmon Evolution Holding 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 Salmon Evolution observations are given relatively more weight in forecasting than the older observations. The Double Exponential Smoothing reference values for Salmon Evolution are derived from publicly available price data and should be used for informational purposes only. Double Exponential Smoothing Price Forecast For the 24th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Salmon Evolution Holding on the next trading day is expected to be 4.54 with a mean absolute deviation of 0.06 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 3.66 .Please note that although there have been many attempts to predict Salmon 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 Salmon Evolution's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Salmon Evolution | Salmon Evolution Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Salmon Evolution Holding uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. At the moment, the model places downside around 2.83 and upside around 6.24 for the forecasting period.
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 Salmon Evolution stock data series using in forecasting. Note that when a statistical model is used to represent Salmon Evolution 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 | 0.0114 |
| MAD | Mean absolute deviation | 0.0621 |
| MAPE | Mean absolute percentage error | 0.0131 |
| SAE | Sum of the absolute errors | 3.6624 |
Other Forecasting Options for Salmon Evolution
Relative Strength Index values for Salmon measure the speed and magnitude of recent price changes. Recognizing these clusters in Salmon Evolution's returns helps calibrate position size and stop-loss levels. Candlestick pattern analysis of Salmon Stock daily data can reveal short-term reversal or continuation signals. Identifying these patterns in Salmon Stock data supports better trade timing.Salmon Evolution Related Equities
These related stocks within the Farm Products space give benchmarks for judging Salmon Evolution's results, margins, and growth trend. Peer review on balance sheet metrics shows how Salmon Evolution's capital structure stacks up against similar firms. Investors should look for peers that steadily beat or lag Salmon Evolution across many periods. This type of review is most useful when done often to track how positions shift over time.
| Risk & Return | Correlation |
Salmon Evolution Market Strength Events
Market strength indicators provide a structured view of how Salmon Evolution stock is positioned relative to trends. These indicators are valuable tools for identifying when to enter or exit positions in Salmon Evolution Holding. Investors tracking Salmon Evolution can use these signals to validate or adjust their position timing. Review these indicators alongside Salmon Evolution's fundamental data for a complete analytical picture.
Salmon Evolution Risk Indicators
The analysis of Salmon Evolution's risk metrics is one of the most important steps in projecting its future price. This process quantifies the risk associated with Salmon Evolution's and helps determine how to manage it. A structured analysis of Salmon Evolution's risk indicators is one of the most reliable ways to improve forecast accuracy. Investors who carefully evaluate the risks in Salmon Evolution's are better positioned to make informed decisions.
| Mean Deviation | 1.22 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.82 |
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 Salmon Evolution
Coverage intensity for Salmon Evolution Holding matters because narrative visibility can influence sentiment, participation, and volatility around the name. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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Salmon Evolution Short Properties
Reviewing short-oriented indicators for Salmon Evolution Holding is useful because long and short participants often create very different signals for timing and volatility. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 310.8 M | |
| Cash And Short Term Investments | 503.8 M |
More Resources for Salmon Stock Analysis
Other Information on Investing in Salmon Stock
At Salmon Evolution, financial ratios outline links between core financial data. It keeps financial comparisons aligned across time frames.