TechPrecision Common Stock Forward View - Simple Exponential Smoothing
| TPCS Stock | USD 3.35 0.03 0.90% |
TechPrecision Common's Simple Exponential Smoothing reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use. The model is fitted to available historical daily prices for TechPrecision Common. This page is updated as new daily closing prices become available for TechPrecision Common.
The Simple Exponential Smoothing forecasted value of TechPrecision Common on the next trading day is expected to be 3.35 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.59.This simple exponential smoothing model begins by setting TechPrecision Common forecast for the second period equal to the observation of the first period. In other words, recent TechPrecision Common observations are given relatively more weight in forecasting than the older observations. All Simple Exponential Smoothing forecast figures shown for TechPrecision Common are reference data reflecting model output based on available historical prices. Simple Exponential Smoothing Price Forecast For the 28th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of TechPrecision Common on the next trading day is expected to be 3.35 with a mean absolute deviation of 0.09 , mean absolute percentage error of 0.02 , and the sum of the absolute errors of 5.59 .Please note that although there have been many attempts to predict TechPrecision 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 TechPrecision Common's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest TechPrecision Common | TechPrecision Common Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates TechPrecision Common's predictive range by looking for statistically meaningful downside and upside boundaries. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 TechPrecision Common stock data series using in forecasting. Note that when a statistical model is used to represent TechPrecision Common 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 | 112.1401 |
| Bias | Arithmetic mean of the errors | 0.0245 |
| MAD | Mean absolute deviation | 0.0932 |
| MAPE | Mean absolute percentage error | 0.0217 |
| SAE | Sum of the absolute errors | 5.59 |
Other Forecasting Options for TechPrecision Common
Bollinger Bands applied to TechPrecision Stock price data measure how far TechPrecision has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to TechPrecision Common's price data. On-balance volume for TechPrecision Stock creates a running indicator of buying versus selling pressure in TechPrecision. Price departures from the channel boundary often mean-revert, offering tactical signals for TechPrecision Common's.TechPrecision Common Related Equities
The stocks listed below are peers of TechPrecision Common within the Industrials space and offer context for ranking and strength. Peer review on balance sheet metrics shows how TechPrecision Common's capital structure stacks up against similar firms.
| Risk & Return | Correlation |
TechPrecision Common Market Strength Events
For investors tracking TechPrecision Common, market strength indicators offer quantitative evaluation of stock behavior. These indicators add context to timing decisions around TechPrecision Common positions. These indicators capture shifts in momentum that may precede significant price moves in TechPrecision Common. These metrics provide actionable context for both entry and risk management decisions around TechPrecision Common.
TechPrecision Common Risk Indicators
Analyzing TechPrecision Common's basic risk indicators provides investors with a structured view of the risk-return trade-off for techprecision stock. By identifying the level of risk embedded in TechPrecision Common's investment, investors can make informed decisions about position sizing. Analyzing TechPrecision Common's risk indicators gives investors important context for price forecasting. Understanding the risk in TechPrecision Common's investment allows investors to make informed choices about mitigating exposure.
| Mean Deviation | 2.07 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.84 |
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 TechPrecision Common
A coverage review of TechPrecision Common shows when the security is attracting above-average attention from contributors and market observers. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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TechPrecision Common Short Properties
Short sentiment tied to TechPrecision Common matters because heavier bearish pressure can change how quickly future price expectations become unstable. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 9.5 M | |
| Cash And Short Term Investments | 195 K |
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