Alakasa Industrindo Stock Forecast - Simple Moving Average

A two period moving average forecast for Alakasa Industrindo is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Alakasa Industrindo Simple Moving Average Price Forecast For the 1st of December

Given 90 days horizon, the Simple Moving Average forecasted value of Alakasa Industrindo Tbk on the next trading day is expected to be 376.00 with a mean absolute deviation of 10.52, mean absolute percentage error of 534.82, and the sum of the absolute errors of 631.00.

Alakasa Industrindo Stock Forecast Pattern

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Alakasa Industrindo Price Prediction

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Alakasa Industrindo Forecasted Value

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 Alakasa Industrindo stock data series using in forecasting. Note that when a statistical model is used to represent Alakasa Industrindo 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. The simple moving average model is conceptually a linear regression of the current value of Alakasa Industrindo Tbk price series against current and previous (unobserved) value of Alakasa Industrindo. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Alakasa Industrindo

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alakasa Industrindo Tbk. 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 Low Estimated High 369.93 376.00 382.07 Details

Intrinsic Valuation Low Real High 316.07 322.14 413.60 Details

Bollinger Band Projection (param) Low Middle High 363.95 378.20 392.45 Details

Other Forecasting Options for Alakasa Industrindo

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

Alakasa Industrindo Related Equities

Risk & Return

Correlation

Alakasa Industrindo Tbk 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 Alakasa Industrindo'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 Alakasa Industrindo's current price.

Alakasa Industrindo Market Strength Events

Alakasa Industrindo Risk Indicators

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