Forecasting Stock Prices using Exponential Smoothing
Published in
9 min readSep 25, 2019
Exponential smoothing is a family of forecasting methods which computes a weighted average of past observations as the forecast. The weights are decaying exponentially as the observations get older. As a result, the more recent the observation, the higher its weight in the forecast. The family of exponential smoothing methods models three aspects of time series: the trend level, trend slope, and a…
