Asia Aviation Stock Forecast - 4 Period Moving Average

AAV Stock  THB 2.88  0.02  0.69%   
The 4 Period Moving Average forecasted value of Asia Aviation Public on the next trading day is expected to be 2.88 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 5.44. Asia Stock Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Asia Aviation Public 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.

Asia Aviation 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Asia Aviation Public on the next trading day is expected to be 2.88 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.03, and the sum of the absolute errors of 5.44.
Please note that although there have been many attempts to predict Asia 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 Asia Aviation's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Asia Aviation Stock Forecast Pattern

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Asia Aviation Forecasted Value

In the context of forecasting Asia Aviation'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. Asia Aviation's downside and upside margins for the forecasting period are 0.03 and 128.68, respectively. We have considered Asia Aviation'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
2.88
2.88
Expected Value
128.68
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 Asia Aviation stock data series using in forecasting. Note that when a statistical model is used to represent Asia Aviation 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 Criteria107.357
BiasArithmetic mean of the errors -0.0635
MADMean absolute deviation0.0954
MAPEMean absolute percentage error0.037
SAESum of the absolute errors5.44
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 Asia Aviation. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Asia Aviation Public and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Asia Aviation

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asia Aviation Public. 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
0.142.88290.88
Details
Intrinsic
Valuation
LowRealHigh
0.152.94290.94
Details

Other Forecasting Options for Asia Aviation

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

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

Asia Aviation Public 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 Asia Aviation'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 Asia Aviation's current price.

Asia Aviation Market Strength Events

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

Asia Aviation Risk Indicators

The analysis of Asia Aviation'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 Asia Aviation's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asia 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 Asia Stock

Asia Aviation financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Aviation security.