smoothing is making smooth.
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a tool for smoothing or rubbing
There are many ways one might use Exponential Smoothing. Basically, Exponential Smoothing is a simple calculation one uses to collect data that allows one to predict future events.
With selections, it will try to smooth out jagged edges.
When implemented digitally, exponential smoothing is easier to implement and more efficient to compute, as it does not require maintaining a history of previous input data values. Furthermore, there are no sudden effects in the output as occurs with a moving average when an outlying data point passes out of the interval over which you are averaging. With exponential smoothing, the effect of the unusual data fades uniformly. (It still has a big impact when it first appears.)
It is when you keep your dividends relative to your Earnings per share. Not too high dividends and not too low.