Voss Veksel Stock Forward View - Double Exponential Smoothing

VVL Stock  NOK 426.00  -2.00  -0.47%   
The Double Exponential Smoothing reference data for Voss Veksel is derived from the equity's published trading history. Forecast values and accuracy indicators are summarized on this page for reference.
The Double Exponential Smoothing forecasted value of Voss Veksel og on the next trading day is expected to be 426.79 with a mean absolute deviation of 4.36 and the sum of the absolute errors of 261.61.When Voss Veksel og 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 Voss Veksel og 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 Voss Veksel observations are given relatively more weight in forecasting than the older observations. All forecast values on this page for Voss Veksel og are Double Exponential Smoothing reference data derived from historical price series.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Voss Veksel works best with periods where there are trends or seasonality.

Double Exponential Smoothing Price Forecast For the 22nd of March

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Voss Veksel og on the next trading day is expected to be 426.79 with a mean absolute deviation of 4.36 , mean absolute percentage error of 29.78 , and the sum of the absolute errors of 261.61 .
Please note that although there have been many attempts to predict Voss 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 Voss Veksel's 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 Voss Veksel og uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 425.52 and upside near 428.07.
Market Value
426.00
425.52
Downside
426.79
Expected Value
428.07
Upside

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 Voss Veksel stock data series using in forecasting. Note that when a statistical model is used to represent Voss Veksel 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors 0.8483
MADMean absolute deviation4.3602
MAPEMean absolute percentage error0.0107
SAESum of the absolute errors261.613
When Voss Veksel og 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 Voss Veksel og 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 Voss Veksel observations are given relatively more weight in forecasting than the older observations.

Other Forecasting Options for Voss Veksel

For both new and experienced investors in Voss, the ability to analyze Voss Veksel's price movement is a fundamental investment skill. Price chart noise in Voss Stock can create false signals and mislead investment decisions.

Voss Veksel Related Equities

The following equities are related to Voss Veksel within the Financials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Voss Veksel 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

Voss Veksel Market Strength Events

Tracking market strength indicators for Voss Veksel provides context for understanding the momentum dynamics of the stock in real time. These signals support informed decisions about when to enter or exit positions in Voss Veksel og for maximum return potential.

Voss Veksel Risk Indicators

Properly assessing Voss Veksel's risk indicators is a prerequisite for building reliable price forecasts. Identifying and quantifying the risks associated with Voss Veksel's allows investors to make better-informed decisions about accepting or hedging their exposure.
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 Voss Veksel

Coverage intensity for Voss Veksel og matters because narrative visibility can influence sentiment, participation, and volatility around the name. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.

Other Macroaxis Stories

Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.

Voss Veksel Short Properties

Short sentiment tied to Voss Veksel og matters because heavier bearish pressure can change how quickly future price expectations become unstable. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
Common Stock Shares Outstanding79.9 M
Cash And Short Term Investments11.7 M

More Resources for Voss Stock Analysis

Other Information on Investing in Voss Stock

Financial ratios for Voss Veksel organize key financial data into structured relationships. They reflect how financial results tie into valuation measures.