Waystream Holding Stock Forward View - Triple Exponential Smoothing
| WAYS Stock | SEK 44.20 0.10 0.23% |
The Triple Exponential Smoothing forecast reference data for Waystream Holding AB is based on the equity's recent trading history. Forecast values and accuracy indicators are summarized on this page for reference. This reference information is provided for analytical context.
The Triple Exponential Smoothing forecasted value of Waystream Holding AB on the next trading day is expected to be 45.17 with a mean absolute deviation of 0.65 and the sum of the absolute errors of 38.59.As with simple exponential smoothing, in triple exponential smoothing models past Waystream Holding 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 Waystream Holding AB observations. The Triple Exponential Smoothing projections for Waystream Holding AB are reference data based on historical daily prices and are provided as informational context. Triple Exponential Smoothing Price Forecast For the 24th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Waystream Holding AB on the next trading day is expected to be 45.17 with a mean absolute deviation of 0.65 , mean absolute percentage error of 0.76 , and the sum of the absolute errors of 38.59 .Please note that although there have been many attempts to predict Waystream 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 Waystream Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Waystream Holding | Waystream Holding Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Waystream Holding AB uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. At the moment, the model places downside around 43.32 and upside around 47.02 for the forecasting period.
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 Waystream Holding stock data series using in forecasting. Note that when a statistical model is used to represent Waystream Holding 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 | 0.0598 |
| MAD | Mean absolute deviation | 0.654 |
| MAPE | Mean absolute percentage error | 0.0161 |
| SAE | Sum of the absolute errors | 38.588 |
Other Forecasting Options for Waystream Holding
Volatility clustering is a well-documented feature of Waystream Stock price data where periods of large moves tend to follow other large moves. When Waystream Holding's RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in Waystream Holding's returns can persist when driven by structural factors like earnings calendars or index rebalancing.Waystream Holding Related Equities
Waystream Holding's market space within the Communication Equipment space is best grasped by looking at the firms listed below. Key comparison metrics include price-to-earnings, profit margin, and revenue growth across Waystream Holding's peer group.
| Risk & Return | Correlation |
Waystream Holding Market Strength Events
Analyzing market strength indicators for Waystream Holding enables investors to understand relative stock momentum. Investors use these tools to determine the best times to initiate or close positions in Waystream Holding AB. Market strength indicators support more precise timing of Waystream Holding AB positions across market cycles.
Waystream Holding Risk Indicators
Identifying and analyzing Waystream Holding's key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in Waystream Holding's and determining how best to manage it. Studying Waystream Holding's risk indicators helps investors understand the risk level of waystream stock.
| Mean Deviation | 1.65 | |||
| Semi Deviation | 1.46 | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.59 | |||
| Downside Variance | 3.8 | |||
| Semi Variance | 2.14 | |||
| Expected Short fall | -2.25 |
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 Waystream Holding
Story coverage around Waystream Holding AB 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.
Story Categories
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Waystream Holding Short Properties
A short-interest review of Waystream Holding AB provides context for understanding whether skepticism in the market is becoming more influential. 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 | 8.1 M | |
| Cash And Short Term Investments | 26.2 M |
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