Via Renewables Preferred Stock Forward View - Triple Exponential Smoothing
| VIASP Preferred Stock | USD 25.56 0.05 0.20% |
The Triple Exponential Smoothing forecast shown here for Via Renewables is reference data produced from its historical price series. The projected value and error measures below serve as reference information.
The Triple Exponential Smoothing forecasted value of Via Renewables on the next trading day is expected to be 25.57 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 3.99.As with simple exponential smoothing, in triple exponential smoothing models past Via Renewables 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 Via Renewables observations. This Triple Exponential Smoothing reference page for Via Renewables presents model-generated projections from historical price data for informational purposes. Triple Exponential Smoothing Price Forecast For the 24th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Via Renewables on the next trading day is expected to be 25.57 with a mean absolute deviation of 0.07 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 3.99 .Please note that although there have been many attempts to predict Via Preferred 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 Via Renewables' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Preferred Stock Forecast Pattern
| Backtest Via Renewables | Via Renewables Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Via Renewables focuses on identifying predictive downside and upside bands that can frame a realistic trading range. No forecasting approach has been shown to beat all others over time. Investors should treat any model output as a guide, not a guarantee.
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 Via Renewables preferred stock data series using in forecasting. Note that when a statistical model is used to represent Via Renewables preferred 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 | 0.0011 |
| MAD | Mean absolute deviation | 0.0676 |
| MAPE | Mean absolute percentage error | 0.0027 |
| SAE | Sum of the absolute errors | 3.9896 |
Other Forecasting Options for Via Renewables
The distribution of Via Renewables' daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in Via Renewables' chart that simple price charts miss.Via Renewables Related Equities
The stocks listed below are peers of Via Renewables within the Utilities—Regulated Electric space and offer context for ranking and strength. Checking cash flow across this peer set helps gauge Via Renewables' relative financial strength.
| Risk & Return | Correlation |
Via Renewables Market Strength Events
Market strength indicators for Via Renewables give insight into the preferred stock's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in Via Renewables.
Via Renewables Risk Indicators
A thorough review of Via Renewables' risk indicators is an important first step in forecasting its price. Quantifying the risk involved in Via Renewables' allows investors to make better decisions about entry, sizing, and hedging.
| Mean Deviation | 0.286 | |||
| Semi Deviation | 0.2609 | |||
| Standard Deviation | 0.3719 | |||
| Variance | 0.1383 | |||
| Downside Variance | 0.1523 | |||
| Semi Variance | 0.0681 | |||
| Expected Short fall | -0.32 |
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 Via Renewables
Story coverage around Via Renewables often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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Via Renewables Short Properties
Reviewing short-oriented indicators for Via Renewables is useful because long and short participants often create very different signals for timing and volatility. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 15.1 M | |
| Cash And Short Term Investments | 68.9 M |
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