Advanced Info Stock Forecast - Naive Prediction

ADVANC-R  THB 289.00  0.00  0.00%   
The Naive Prediction forecasted value of Advanced Info Service on the next trading day is expected to be 223.17 with a mean absolute deviation of 14.25 and the sum of the absolute errors of 869.15. Advanced Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Advanced Info stock prices and determine the direction of Advanced Info Service's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Advanced Info's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Advanced Info is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Advanced Info Service value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Advanced Info Naive Prediction Price Forecast For the 27th of November

Given 90 days horizon, the Naive Prediction forecasted value of Advanced Info Service on the next trading day is expected to be 223.17 with a mean absolute deviation of 14.25, mean absolute percentage error of 1,727, and the sum of the absolute errors of 869.15.
Please note that although there have been many attempts to predict Advanced 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 Advanced Info's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Advanced Info Stock Forecast Pattern

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Advanced Info Forecasted Value

In the context of forecasting Advanced Info'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. Advanced Info's downside and upside margins for the forecasting period are 43.56 and 402.77, respectively. We have considered Advanced Info'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
289.00
223.17
Expected Value
402.77
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Advanced Info stock data series using in forecasting. Note that when a statistical model is used to represent Advanced Info 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 Criteria125.5645
BiasArithmetic mean of the errors None
MADMean absolute deviation14.2484
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors869.1542
This model is not at all useful as a medium-long range forecasting tool of Advanced Info Service. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Advanced Info. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Advanced Info

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Advanced Info Service. 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
14.45289.0029,189
Details
Intrinsic
Valuation
LowRealHigh
12.43248.5429,149
Details
Bollinger
Band Projection (param)
LowMiddleHigh
76.18214.79353.40
Details

Other Forecasting Options for Advanced Info

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

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

Advanced Info Service 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 Advanced Info'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 Advanced Info's current price.

Advanced Info Market Strength Events

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

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Other Information on Investing in Advanced Stock

Advanced Info financial ratios help investors to determine whether Advanced 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 Advanced with respect to the benefits of owning Advanced Info security.