Anugerah Kagum Stock Forecast - Simple Regression

AKKU Stock  IDR 14.00  1.00  7.69%   
The Simple Regression forecasted value of Anugerah Kagum Karya on the next trading day is expected to be 14.72 with a mean absolute deviation of 0.98 and the sum of the absolute errors of 59.82. Anugerah Stock Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Anugerah Kagum price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Anugerah Kagum Simple Regression Price Forecast For the 28th of November

Given 90 days horizon, the Simple Regression forecasted value of Anugerah Kagum Karya on the next trading day is expected to be 14.72 with a mean absolute deviation of 0.98, mean absolute percentage error of 1.35, and the sum of the absolute errors of 59.82.
Please note that although there have been many attempts to predict Anugerah 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 Anugerah Kagum's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Anugerah Kagum Stock Forecast Pattern

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Anugerah Kagum Forecasted Value

In the context of forecasting Anugerah Kagum'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. Anugerah Kagum's downside and upside margins for the forecasting period are 10.66 and 18.78, respectively. We have considered Anugerah Kagum'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
14.00
14.72
Expected Value
18.78
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Anugerah Kagum stock data series using in forecasting. Note that when a statistical model is used to represent Anugerah Kagum 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 Criteria118.4105
BiasArithmetic mean of the errors None
MADMean absolute deviation0.9807
MAPEMean absolute percentage error0.0674
SAESum of the absolute errors59.8232
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Anugerah Kagum Karya historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Anugerah Kagum

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anugerah Kagum Karya. 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
9.9414.0018.06
Details
Intrinsic
Valuation
LowRealHigh
7.9111.9716.03
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.4315.0417.65
Details

Other Forecasting Options for Anugerah Kagum

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

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

Anugerah Kagum Karya 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 Anugerah Kagum'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 Anugerah Kagum's current price.

Anugerah Kagum Market Strength Events

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

Anugerah Kagum Risk Indicators

The analysis of Anugerah Kagum'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 Anugerah Kagum's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anugerah 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 Anugerah Stock

Anugerah Kagum financial ratios help investors to determine whether Anugerah 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 Anugerah with respect to the benefits of owning Anugerah Kagum security.