SLR Investment Stock Forward View - Double Exponential Smoothing

ZSL Stock  EUR 12.32  -0.10  -0.81%   
This reference page presents Double Exponential Smoothing forecast data for SLR Investment Corp. The projected values and error metrics are presented below as reference information. The output values and deviation metrics are provided for informational reference.
The Double Exponential Smoothing forecasted value of SLR Investment Corp on the next trading day is expected to be 12.35 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.73.When SLR Investment Corp 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 SLR Investment Corp 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 SLR Investment observations are given relatively more weight in forecasting than the older observations. This Double Exponential Smoothing forecast data for SLR Investment Corp is sourced from the most recent available trading data and is intended solely as reference information.
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 SLR Investment works best with periods where there are trends or seasonality.

Double Exponential Smoothing Price Forecast For the 24th of March

Given 90 days horizon, the Double Exponential Smoothing forecasted value of SLR Investment Corp on the next trading day is expected to be 12.35 with a mean absolute deviation of 0.15 , mean absolute percentage error of 0.04 , and the sum of the absolute errors of 8.73 .
Please note that although there have been many attempts to predict SLR 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 SLR Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Stock Forecast Pattern

Backtest SLR Investment  SLR Investment Price Prediction  Research Analysis  

Forecasted Value

This next-day forecast for SLR Investment Corp uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 10.72 and upside near 13.97.
Market Value
12.32
12.35
Expected Value
13.97
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 SLR Investment stock data series using in forecasting. Note that when a statistical model is used to represent SLR Investment 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 0.0189
MADMean absolute deviation0.1479
MAPEMean absolute percentage error0.012
SAESum of the absolute errors8.7265
When SLR Investment Corp 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 SLR Investment Corp 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 SLR Investment observations are given relatively more weight in forecasting than the older observations.

Other Forecasting Options for SLR Investment

SLR Investment's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in SLR often signals an upcoming reversal or acceleration. Gap analysis of SLR Stock data examines overnight jumps between SLR Investment's closing and opening prices.

SLR Investment Related Equities

The peer firms below within the Financials space can help frame SLR Investment's pricing and running costs in context. Looking at SLR Investment's pricing multiples next to these peers shows if the stock trades at a premium or discount. A stock that beats its peers on many metrics often deserves a closer look from value-focused investors.
 Risk & Return  Correlation

SLR Investment Market Strength Events

Market strength indicators help investors evaluate how SLR Investment stock reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading SLR Investment Corp. These indicators can identify periods when trading SLR Investment Corp may offer more favorable risk-reward conditions.

SLR Investment Risk Indicators

The analysis of SLR Investment's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding SLR Investment's allows investors to make informed decisions about their exposure. The analysis of SLR Investment's basic risk metrics provides a foundation for managing investment risk.
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 SLR Investment

Story coverage around SLR Investment Corp 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.

SLR Investment Short Properties

A short-interest review of SLR Investment Corp 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 Outstanding54.6 M
Dividends Paid-89.5 M
Forward Annual Dividend Rate1.43

More Resources for SLR Stock Analysis

A full view of SLR Investment Corp is built from its financial statements and trend data. Financial ratios summarize performance across earnings and efficiency.
SLR Investment's projection data benefits from cross-verification using Historical Fundamental Analysis of SLR Investment.
With SLR Investment showing P/E 10.44 and ROE 9.31%, investors get more value when this analysis is combined with the diversification and construction tools below. Those return and profitability levels shape the investment picture - the supplemental tools help investors decide if they are sustainable. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Distinguishing between SLR Investment's value and market price helps frame analytical expectations. For SLR Investment, key inputs include a P/E ratio of 10.44, a P/B ratio of 0.78, a profit margin of 42.34%, and ROE of 9.31%.