International Tower Stock Forward View - Triple Exponential Smoothing
| THM Stock | USD 1.98 -0.07 -3.41% |
International Tower Hill's Triple Exponential Smoothing reference page covers the model's projected value and error measures derived from recent price data. This information is intended as reference material for analytical purposes.
The Triple Exponential Smoothing forecasted value of International Tower Hill on the next trading day is expected to be 1.92 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.89.As with simple exponential smoothing, in triple exponential smoothing models past International Tower 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 International Tower Hill observations. The forecast reference data presented here for International Tower Hill reflects Triple Exponential Smoothing model output and is intended as reference material for analytical use. Triple Exponential Smoothing Price Forecast For the 22nd of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of International Tower Hill on the next trading day is expected to be 1.92 with a mean absolute deviation of 0.13 , mean absolute percentage error of 0.03 , and the sum of the absolute errors of 7.89 .Please note that although there have been many attempts to predict International 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 International Tower's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest International Tower | International Tower Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for International Tower Hill focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The projected forecast band currently runs from roughly 0.02 on the downside to about 8.30 on the upside.
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 International Tower stock data series using in forecasting. Note that when a statistical model is used to represent International Tower 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 | 0.0316 |
| MAD | Mean absolute deviation | 0.1314 |
| MAPE | Mean absolute percentage error | 0.0516 |
| SAE | Sum of the absolute errors | 7.8865 |
Other Forecasting Options for International Tower
Investors evaluating International at any level of experience must contend with the challenge of understanding International Tower's price movement. The presence of noise in International Stock price charts can significantly complicate investment decisions.International Tower Related Equities
The following equities are related to International Tower within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing International Tower 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 |
International Tower Market Strength Events
For investors tracking International Tower Hill, market strength indicators offer a quantitative way to evaluate how the stock behaves under varying market conditions. These metrics are widely used to refine market timing and identify the most favorable moments to trade International Tower.
| Accumulation Distribution | 178131.0 | |||
| Daily Balance Of Power | -0.47 | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 1.97 | |||
| Day Typical Price | 1.97 | |||
| Price Action Indicator | -0.02 | |||
| Period Momentum Indicator | -0.07 |
International Tower Risk Indicators
Analyzing International Tower's basic risk indicators provides investors with a structured view of the risk-return trade-off associated with international stock. Forecasting International Tower's future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 4.86 | |||
| Semi Deviation | 5.84 | |||
| Standard Deviation | 6.24 | |||
| Variance | 38.92 | |||
| Downside Variance | 37.69 | |||
| Semi Variance | 34.12 | |||
| Expected Short fall | -5.41 |
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 International Tower
Coverage intensity for International Tower Hill 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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International Tower Short Properties
Short sentiment tied to International Tower Hill matters because heavier bearish pressure can change how quickly future price expectations become unstable. 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 | 207.9 M | |
| Cash And Short Term Investments | 1.4 M |