Slate Grocery Stock Forward View - Triple Exponential Smoothing
| SGR-UN Stock | CAD 14.98 -0.19 -1.25% |
The reference data on this page reflects Triple Exponential Smoothing output applied to Slate Grocery REIT's historical daily closing prices. Forecast values and accuracy statistics are presented for informational purposes.
The Triple Exponential Smoothing forecasted value of Slate Grocery REIT on the next trading day is expected to be 14.93 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.73.As with simple exponential smoothing, in triple exponential smoothing models past Slate Grocery 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 Slate Grocery REIT observations. The forecast reference data presented here for Slate Grocery REIT reflects Triple Exponential Smoothing model output and is intended as reference material for analytical use. Triple Exponential Smoothing Price Forecast For the 23rd of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Slate Grocery REIT on the next trading day is expected to be 14.93 with a mean absolute deviation of 0.13 , mean absolute percentage error of 0.03 , and the sum of the absolute errors of 7.73 .Please note that although there have been many attempts to predict Slate 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 Slate Grocery's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Slate Grocery | Slate Grocery Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Slate Grocery REIT uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 13.94 and upside near 15.93.
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 Slate Grocery stock data series using in forecasting. Note that when a statistical model is used to represent Slate Grocery 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 | 0.131 |
| MAPE | Mean absolute percentage error | 0.0084 |
| SAE | Sum of the absolute errors | 7.729 |
Other Forecasting Options for Slate Grocery
Understanding Slate Grocery's price movement is a prerequisite for any investor considering Slate as a position. Slate Stock price charts are frequently cluttered with noise that can interfere with accurate interpretation.Slate Grocery Related Equities
The following equities are related to Slate Grocery within the Real Estate space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Slate Grocery 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 |
Slate Grocery Market Strength Events
For traders and investors in Slate Grocery REIT, market strength indicators offer a quantitative framework for evaluating the stock's responsiveness to market conditions. These tools help identify when trading Slate Grocery shares is most likely to generate favorable returns.
Slate Grocery Risk Indicators
Analyzing Slate Grocery's risk indicators provides a critical input for price forecasting and investment risk management. By quantifying the risk in Slate Grocery's investment, investors can make more informed decisions about their exposure and hedging strategies.
| Mean Deviation | 0.7712 | |||
| Semi Deviation | 1.02 | |||
| Standard Deviation | 1.0 | |||
| Variance | 1.01 | |||
| Downside Variance | 1.26 | |||
| Semi Variance | 1.05 | |||
| Expected Short fall | -0.82 |
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 Slate Grocery
Coverage intensity for Slate Grocery REIT matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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Slate Grocery Short Properties
Short sentiment tied to Slate Grocery REIT matters because heavier bearish pressure can change how quickly future price expectations become unstable. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 60.4 M | |
| Cash And Short Term Investments | 21.8 M |
More Resources for Slate Stock Analysis
Other Information on Investing in Slate Stock
These ratios describe connections between financial data points for Slate Grocery. This helps frame how profit and cash flow relate to overall value. The format ensures data can be compared on a consistent basis.