Westinghouse Air Stock Forward View - Double Exponential Smoothing

WB2 Stock  EUR 192.55  0.95  0.49%   
Westinghouse Stock outlook is based on your current time horizon. We suggest always using this module together with an analysis of Westinghouse Air's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 2nd of February 2026, The value of relative strength index of Westinghouse Air's share price is at 56. This entails that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Westinghouse Air, making its price go up or down.

Momentum 56

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Westinghouse Air's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Westinghouse Air and does not consider all of the tangible or intangible factors available from Westinghouse Air's fundamental data. We analyze noise-free headlines and recent hype associated with Westinghouse Air Brake, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Westinghouse Air's stock price prediction:
Quarterly Earnings Growth
0.11
Wall Street Target Price
93.89
Quarterly Revenue Growth
0.084
Using Westinghouse Air hype-based prediction, you can estimate the value of Westinghouse Air Brake from the perspective of Westinghouse Air response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Westinghouse Air Brake on the next trading day is expected to be 192.73 with a mean absolute deviation of 2.08 and the sum of the absolute errors of 122.78.

Westinghouse Air after-hype prediction price

    
  EUR 192.58  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Westinghouse Air to cross-verify your projections.

Westinghouse Air Additional Predictive Modules

Most predictive techniques to examine Westinghouse price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Westinghouse using various technical indicators. When you analyze Westinghouse charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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 Westinghouse Air works best with periods where there are trends or seasonality.

Westinghouse Air Double Exponential Smoothing Price Forecast For the 3rd of February

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Westinghouse Air Brake on the next trading day is expected to be 192.73 with a mean absolute deviation of 2.08, mean absolute percentage error of 6.33, and the sum of the absolute errors of 122.78.
Please note that although there have been many attempts to predict Westinghouse 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 Westinghouse Air's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Westinghouse Air Stock Forecast Pattern

Backtest Westinghouse Air  Westinghouse Air Price Prediction  Research Analysis  

Westinghouse Air Forecasted Value

In the context of forecasting Westinghouse Air's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Westinghouse Air's downside and upside margins for the forecasting period are 191.45 and 194.02, respectively. We have considered Westinghouse Air's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
192.55
191.45
Downside
192.73
Expected Value
194.02
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 Westinghouse Air stock data series using in forecasting. Note that when a statistical model is used to represent Westinghouse Air 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 0.4015
MADMean absolute deviation2.081
MAPEMean absolute percentage error0.0114
SAESum of the absolute errors122.7772
When Westinghouse Air Brake 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 Westinghouse Air Brake 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 Westinghouse Air observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Westinghouse Air

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westinghouse Air Brake. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
191.30192.58193.86
Details
Intrinsic
Valuation
LowRealHigh
173.30222.13223.41
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.101.131.21
Details

Westinghouse Air After-Hype Price Density Analysis

As far as predicting the price of Westinghouse Air at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Westinghouse Air or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Westinghouse Air, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Westinghouse Air Estimiated After-Hype Price Volatility

In the context of predicting Westinghouse Air's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Westinghouse Air's historical news coverage. Westinghouse Air's after-hype downside and upside margins for the prediction period are 191.30 and 193.86, respectively. We have considered Westinghouse Air's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
192.55
191.30
Downside
192.58
After-hype Price
193.86
Upside
Westinghouse Air is very steady at this time. Analysis and calculation of next after-hype price of Westinghouse Air Brake is based on 3 months time horizon.

Westinghouse Air Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Westinghouse Air is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Westinghouse Air backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Westinghouse Air, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.14 
1.28
  0.03 
  0.02 
9 Events / Month
1 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
192.55
192.58
0.02 
640.00  
Notes

Westinghouse Air Hype Timeline

Westinghouse Air Brake is at this time traded for 192.55on Frankfurt Exchange of Germany. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of -0.02. Westinghouse is estimated to increase in value after the next headline, with the price projected to jump to 192.58 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is forecasted to be 0.02%, whereas the daily expected return is at this time at 0.14%. The volatility of related hype on Westinghouse Air is about 914.29%, with the expected price after the next announcement by competition of 192.53. The company reported the revenue of 10.39 B. Net Income was 1.06 B with profit before overhead, payroll, taxes, and interest of 3.69 B. Assuming the 90 days horizon the next estimated press release will be in about 9 days.
Check out Historical Fundamental Analysis of Westinghouse Air to cross-verify your projections.

Westinghouse Air Related Hype Analysis

Having access to credible news sources related to Westinghouse Air's direct competition is more important than ever and may enhance your ability to predict Westinghouse Air's future price movements. Getting to know how Westinghouse Air's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Westinghouse Air may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Westinghouse Air

For every potential investor in Westinghouse, whether a beginner or expert, Westinghouse Air's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Westinghouse Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Westinghouse. Basic forecasting techniques help filter out the noise by identifying Westinghouse Air's price trends.

Westinghouse Air Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Westinghouse Air stock to make a market-neutral strategy. Peer analysis of Westinghouse Air could also be used in its relative valuation, which is a method of valuing Westinghouse Air by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Westinghouse Air Market Strength Events

Market strength indicators help investors to evaluate how Westinghouse Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westinghouse Air shares will generate the highest return on investment. By undertsting and applying Westinghouse Air stock market strength indicators, traders can identify Westinghouse Air Brake entry and exit signals to maximize returns.

Westinghouse Air Risk Indicators

The analysis of Westinghouse Air's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Westinghouse Air's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting westinghouse stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
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 Westinghouse Air

The number of cover stories for Westinghouse Air depends on current market conditions and Westinghouse Air's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Westinghouse Air is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Westinghouse Air's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:
Check out Historical Fundamental Analysis of Westinghouse Air to cross-verify your projections.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Please note, there is a significant difference between Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Westinghouse Air's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.