Asia Green Stock Forward View - Simple Exponential Smoothing

AGE Stock  THB 1.46  0.02  1.39%   
Asia Stock outlook is based on your current time horizon.
As of now, the value of RSI of Asia Green's share price is approaching 47. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Asia Green, making its price go up or down.

Momentum 47

 Impartial

 
Oversold
 
Overbought
The successful prediction of Asia Green's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Asia Green Energy, which may create opportunities for some arbitrage if properly timed.
Using Asia Green hype-based prediction, you can estimate the value of Asia Green Energy from the perspective of Asia Green response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Asia Green Energy on the next trading day is expected to be 1.46 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.68.

Asia Green after-hype prediction price

    
  THB 1.46  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Asia Green to cross-verify your projections.

Asia Green Additional Predictive Modules

Most predictive techniques to examine Asia price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Asia using various technical indicators. When you analyze Asia charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Asia Green simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Asia Green Energy are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Asia Green Energy prices get older.

Asia Green Simple Exponential Smoothing Price Forecast For the 21st of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Asia Green Energy on the next trading day is expected to be 1.46 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.68.
Please note that although there have been many attempts to predict Asia Stock prices using its time series forecasting, we generally do not suggest 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 Green's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Asia Green Stock Forecast Pattern

Backtest Asia Green  Asia Green Price Prediction  Research Analysis  

Asia Green Forecasted Value

In the context of forecasting Asia Green'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 Green's downside and upside margins for the forecasting period are 0.25 and 2.67, respectively. We have considered Asia Green'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
1.46
1.46
Expected Value
2.67
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Asia Green stock data series using in forecasting. Note that when a statistical model is used to represent Asia Green 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 Criteria109.8519
BiasArithmetic mean of the errors -0.0046
MADMean absolute deviation0.0111
MAPEMean absolute percentage error0.0088
SAESum of the absolute errors0.68
This simple exponential smoothing model begins by setting Asia Green Energy forecast for the second period equal to the observation of the first period. In other words, recent Asia Green observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Asia Green

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 Green Energy. 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
0.251.462.67
Details
Intrinsic
Valuation
LowRealHigh
0.181.392.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.121.342.80
Details

Asia Green After-Hype Price Density Analysis

As far as predicting the price of Asia Green at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Asia Green or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Asia Green, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Asia Green Estimiated After-Hype Price Volatility

In the context of predicting Asia Green's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Asia Green's historical news coverage. Asia Green's after-hype downside and upside margins for the prediction period are 0.25 and 2.67, respectively. We have considered Asia Green's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
1.46
1.46
After-hype Price
2.67
Upside
Asia Green is relatively risky at this time. Analysis and calculation of next after-hype price of Asia Green Energy is based on 3 months time horizon.

Asia Green Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Asia Green is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Asia Green backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Asia Green, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.38 
1.21
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.46
1.46
0.00 
0.00  
Notes

Asia Green Hype Timeline

Asia Green Energy is presently traded for 1.46on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Asia is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.38%. %. The volatility of related hype on Asia Green is about 0.0%, with the expected price after the next announcement by competition of 1.46. About 54.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.46. Some equities with similar Price to Book (P/B) outperform the market in the long run. Asia Green Energy last dividend was issued on the 13th of December 2022. The entity had 10:11 split on the 12th of March 2023. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Asia Green to cross-verify your projections.

Asia Green Related Hype Analysis

Having access to credible news sources related to Asia Green's direct competition is more important than ever and may enhance your ability to predict Asia Green's future price movements. Getting to know how Asia Green's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Asia Green may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Asia Green

For every potential investor in Asia, whether a beginner or expert, Asia Green'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 Green's price trends.

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

Asia Green Market Strength Events

Market strength indicators help investors to evaluate how Asia Green 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 Green shares will generate the highest return on investment. By undertsting and applying Asia Green stock market strength indicators, traders can identify Asia Green Energy entry and exit signals to maximize returns.

Asia Green Risk Indicators

The analysis of Asia Green'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 Green'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.

Story Coverage note for Asia Green

The number of cover stories for Asia Green depends on current market conditions and Asia Green's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Asia Green is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Asia Green's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in Asia Stock

Asia Green 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 Green security.