Tertiary Minerals Stock Forward View - Double Exponential Smoothing
| TYM Stock | 0.09 -0.01 -5.56% |
This page provides Double Exponential Smoothing reference data for Tertiary Minerals Plc, calculated from historical daily prices. The forecast output and associated deviation metrics are shown for informational use.
The Double Exponential Smoothing forecasted value of Tertiary Minerals Plc on the next trading day is expected to be 0.09 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.42.When Tertiary Minerals Plc 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 Tertiary Minerals Plc 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 Tertiary Minerals observations are given relatively more weight in forecasting than the older observations. Tertiary Minerals's Double Exponential Smoothing reference data is provided for informational and analytical purposes and does not constitute a trading recommendation. Double Exponential Smoothing Price Forecast For the 18th of March 2026
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Tertiary Minerals Plc on the next trading day is expected to be 0.09 with a mean absolute deviation of 0.01 , mean absolute percentage error of 0.0001 , and the sum of the absolute errors of 0.42 .Please note that although there have been many attempts to predict Tertiary 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 Tertiary Minerals' 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
This next-day forecast for Tertiary Minerals Plc uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Investors should still remember that no empirical framework consistently proves that one family of forecasting models will outperform all other approaches in live markets.
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 Tertiary Minerals stock data series using in forecasting. Note that when a statistical model is used to represent Tertiary Minerals 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 | 0.0019 |
| MAD | Mean absolute deviation | 0.0072 |
| MAPE | Mean absolute percentage error | 0.0773 |
| SAE | Sum of the absolute errors | 0.425 |
Other Forecasting Options for Tertiary Minerals
The price movement of Tertiary is a central concern for all potential investors, regardless of their level of expertise. Tertiary Stock price charts can be difficult to interpret due to the noise present in the data.Tertiary Minerals Related Equities
The following equities are related to Tertiary Minerals within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Tertiary Minerals 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 |
Tertiary Minerals Market Strength Events
Market strength indicators applied to Tertiary Minerals 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 Tertiary Minerals Plc.
| Accumulation Distribution | 0.0756 | |||
| Daily Balance Of Power | -0.74 | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.0866 | |||
| Day Typical Price | 0.0861 | |||
| Market Facilitation Index | 0.0068 | |||
| Price Action Indicator | -0.0041 | |||
| Period Momentum Indicator | -0.01 | |||
| Relative Strength Index | 50.17 |
Tertiary Minerals Risk Indicators
Risk indicator analysis for Tertiary Minerals is essential for accurately projecting its future price trajectory. By identifying the level of risk embedded in Tertiary Minerals' investment, investors can make informed decisions about position sizing and risk mitigation.
| Mean Deviation | 7.19 | |||
| Semi Deviation | 6.86 | |||
| Standard Deviation | 10.2 | |||
| Variance | 104.08 | |||
| Downside Variance | 105.04 | |||
| Semi Variance | 47.09 | |||
| Expected Short fall | -11.81 |
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 Tertiary Minerals
Coverage intensity for Tertiary Minerals Plc 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.
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Tertiary Minerals Short Properties
Short sentiment tied to Tertiary Minerals Plc 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 | 4.1 B | |
| Cash And Short Term Investments | 70.8 K |
More Resources for Tertiary Stock Analysis
Other Information on Investing in Tertiary Stock
Financial ratios for Tertiary Minerals provide valuation context across profits, cash flow, and enterprise value. They help compare Tertiary across valuation measures.