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Effective Forecasting
The process of predicting future trends, demand, and events accurately using historical data, statistical models, and market analysis to inform decision-making.
Moving Average
A statistical technique used to analyze data points by creating a series of averages of different subsets of the full data set, commonly used in stock market analysis.
Simple Exponential Smoothing
A time series forecasting method for univariate data that applies smoothing factors to make projections, giving more weight to recent observations while considering trends in historical data.
Holt's Method
A forecasting technique that extends exponential smoothing to allow forecasting of data with trends, accommodating changes over time.
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