Pesona Metro Stock Forecast - Simple Moving Average
| 8311 Stock | 0.27 0.01 3.85% |
The Simple Moving Average forecasted value of Pesona Metro Holdings on the next trading day is expected to be 0.27 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.38. Pesona Stock Forecast is based on your current time horizon.
Pesona |
Pesona Metro Simple Moving Average Price Forecast For the 1st of December
Given 90 days horizon, the Simple Moving Average forecasted value of Pesona Metro Holdings on the next trading day is expected to be 0.27 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000075, and the sum of the absolute errors of 0.38.Please note that although there have been many attempts to predict Pesona 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 Pesona Metro's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pesona Metro Stock Forecast Pattern
| Backtest Pesona Metro | Pesona Metro Price Prediction | Buy or Sell Advice |
Pesona Metro Forecasted Value
In the context of forecasting Pesona Metro'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. Pesona Metro's downside and upside margins for the forecasting period are 0 and 3.78, respectively. We have considered Pesona Metro'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Pesona Metro stock data series using in forecasting. Note that when a statistical model is used to represent Pesona Metro 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.| AIC | Akaike Information Criteria | 106.7801 |
| Bias | Arithmetic mean of the errors | -4.0E-4 |
| MAD | Mean absolute deviation | 0.0063 |
| MAPE | Mean absolute percentage error | 0.0253 |
| SAE | Sum of the absolute errors | 0.375 |
Predictive Modules for Pesona Metro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pesona Metro Holdings. 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.Other Forecasting Options for Pesona Metro
For every potential investor in Pesona, whether a beginner or expert, Pesona Metro's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pesona Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pesona. Basic forecasting techniques help filter out the noise by identifying Pesona Metro's price trends.Pesona Metro 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 Pesona Metro stock to make a market-neutral strategy. Peer analysis of Pesona Metro could also be used in its relative valuation, which is a method of valuing Pesona Metro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pesona Metro Holdings 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 Pesona Metro'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 Pesona Metro's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pesona Metro Market Strength Events
Market strength indicators help investors to evaluate how Pesona Metro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pesona Metro shares will generate the highest return on investment. By undertsting and applying Pesona Metro stock market strength indicators, traders can identify Pesona Metro Holdings entry and exit signals to maximize returns.
Pesona Metro Risk Indicators
The analysis of Pesona Metro'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 Pesona Metro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pesona 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.
| Mean Deviation | 2.25 | |||
| Semi Deviation | 2.87 | |||
| Standard Deviation | 3.51 | |||
| Variance | 12.31 | |||
| Downside Variance | 34.04 | |||
| Semi Variance | 8.26 | |||
| Expected Short fall | (4.60) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Pesona Stock
Pesona Metro financial ratios help investors to determine whether Pesona 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 Pesona with respect to the benefits of owning Pesona Metro security.