Thai Energy Stock Forecast - 4 Period Moving Average

3K-BAT Stock  THB 53.75  0.25  0.46%   
The 4 Period Moving Average forecasted value of Thai Energy Storage on the next trading day is expected to be 53.75 with a mean absolute deviation of 1.03 and the sum of the absolute errors of 58.44. Thai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Thai Energy stock prices and determine the direction of Thai Energy Storage's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Thai Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Thai Energy Storage is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Thai Energy 4 Period Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Thai Energy Storage on the next trading day is expected to be 53.75 with a mean absolute deviation of 1.03, mean absolute percentage error of 12.37, and the sum of the absolute errors of 58.44.
Please note that although there have been many attempts to predict Thai Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Thai Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Thai Energy Stock Forecast Pattern

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Thai Energy Forecasted Value

In the context of forecasting Thai Energy'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. Thai Energy's downside and upside margins for the forecasting period are 0.54 and 181.59, respectively. We have considered Thai Energy'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
53.75
53.75
Expected Value
181.59
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Thai Energy stock data series using in forecasting. Note that when a statistical model is used to represent Thai Energy 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 Criteria113.2743
BiasArithmetic mean of the errors -0.9638
MADMean absolute deviation1.0252
MAPEMean absolute percentage error0.0193
SAESum of the absolute errors58.4375
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Thai Energy. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Thai Energy Storage and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Thai Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Energy Storage. 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
2.6953.755,429
Details
Intrinsic
Valuation
LowRealHigh
2.0240.385,415
Details
Bollinger
Band Projection (param)
LowMiddleHigh
53.4353.7153.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thai Energy. Your research has to be compared to or analyzed against Thai Energy's peers to derive any actionable benefits. When done correctly, Thai Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Thai Energy Storage.

Other Forecasting Options for Thai Energy

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

Thai Energy 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 Thai Energy stock to make a market-neutral strategy. Peer analysis of Thai Energy could also be used in its relative valuation, which is a method of valuing Thai Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Thai Energy Storage Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Thai Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Thai Energy's current price.

Thai Energy Market Strength Events

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

Thai Energy Risk Indicators

The analysis of Thai Energy'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 Thai Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thai 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.

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Other Information on Investing in Thai Stock

Thai Energy financial ratios help investors to determine whether Thai Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thai with respect to the benefits of owning Thai Energy security.