Generation Essentials Stock Forward View - Simple Exponential Smoothing
| TGE Stock | USD 1.20 -0.07 -5.51% |
This page provides Simple Exponential Smoothing reference data for The Generation Essentials, calculated from historical daily prices. The forecast output and associated deviation metrics are shown for informational use.
The Simple Exponential Smoothing forecasted value of The Generation Essentials on the next trading day is expected to be 1.20 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.41.This simple exponential smoothing model begins by setting The Generation Essentials forecast for the second period equal to the observation of the first period. In other words, recent Generation Essentials observations are given relatively more weight in forecasting than the older observations. Generation Essentials'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 22nd of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of The Generation Essentials on the next trading day is expected to be 1.20 with a mean absolute deviation of 0.06 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 3.41 .Please note that although there have been many attempts to predict Generation 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 Generation Essentials' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
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Forecasted Value
For the next trading day, Macroaxis evaluates Generation Essentials' predictive range by looking for statistically meaningful downside and upside boundaries. The current forecast range spans downside near 0.01 and upside near 6.90.
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 Generation Essentials stock data series using in forecasting. Note that when a statistical model is used to represent Generation Essentials 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 | 112.9069 |
| Bias | Arithmetic mean of the errors | -0.0025 |
| MAD | Mean absolute deviation | 0.0559 |
| MAPE | Mean absolute percentage error | 0.0409 |
| SAE | Sum of the absolute errors | 3.41 |
Other Forecasting Options for Generation Essentials
The price movement of Generation is a central concern for all potential investors, regardless of their level of expertise. Generation Stock price charts can be difficult to interpret due to the noise present in the data.Generation Essentials Related Equities
The following equities are related to Generation Essentials within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Generation Essentials 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 |
Generation Essentials Market Strength Events
Market strength indicators applied to Generation Essentials stock help investors assess the relative momentum and resilience of the security in different market environments. By using these indicators, traders can make more informed decisions about when to buy or sell The Generation Essentials.
| Accumulation Distribution | 3021.04 | |||
| Daily Balance Of Power | -0.64 | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 1.19 | |||
| Day Typical Price | 1.2 | |||
| Price Action Indicator | -0.03 | |||
| Period Momentum Indicator | -0.07 |
Generation Essentials Risk Indicators
Risk indicator analysis for Generation Essentials is essential for accurately projecting its future price trajectory. By identifying the level of risk embedded in Generation Essentials' investment, investors can make informed decisions about position sizing and risk mitigation.
| Mean Deviation | 4.36 | |||
| Semi Deviation | 3.48 | |||
| Standard Deviation | 5.75 | |||
| Variance | 33.05 | |||
| Downside Variance | 12.9 | |||
| Semi Variance | 12.14 | |||
| Expected Short fall | -6.70 |
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 Generation Essentials
The amount of media and story coverage tied to The Generation Essentials 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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Generation Essentials Short Properties
Reviewing short-oriented indicators for The Generation Essentials is useful because long and short participants often create very different signals for timing and volatility. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 48.5 M | |
| Cash And Short Term Investments | 45.2 M |