Asian Phytoceuticals Stock Forecast - 8 Period Moving Average

APCO Stock  THB 4.96  0.02  0.40%   
The 8 Period Moving Average forecasted value of Asian Phytoceuticals Public on the next trading day is expected to be 4.99 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 5.28. Asian Stock Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Asian Phytoceuticals is based on an artificially constructed time series of Asian Phytoceuticals daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Asian Phytoceuticals 8 Period Moving Average Price Forecast For the 23rd of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Asian Phytoceuticals Public on the next trading day is expected to be 4.99 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.28.
Please note that although there have been many attempts to predict Asian 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 Asian Phytoceuticals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Asian Phytoceuticals Stock Forecast Pattern

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Asian Phytoceuticals Forecasted Value

In the context of forecasting Asian Phytoceuticals' 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. Asian Phytoceuticals' downside and upside margins for the forecasting period are 3.20 and 6.77, respectively. We have considered Asian Phytoceuticals' 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
4.96
4.99
Expected Value
6.77
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Asian Phytoceuticals stock data series using in forecasting. Note that when a statistical model is used to represent Asian Phytoceuticals 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 Criteria99.1439
BiasArithmetic mean of the errors 0.0658
MADMean absolute deviation0.0996
MAPEMean absolute percentage error0.0184
SAESum of the absolute errors5.2775
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Asian Phytoceuticals Public 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Asian Phytoceuticals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asian Phytoceuticals. 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
3.184.986.78
Details
Intrinsic
Valuation
LowRealHigh
2.904.706.50
Details

Other Forecasting Options for Asian Phytoceuticals

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

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

Asian Phytoceuticals 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 Asian Phytoceuticals' 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 Asian Phytoceuticals' current price.

Asian Phytoceuticals Market Strength Events

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

Asian Phytoceuticals Risk Indicators

The analysis of Asian Phytoceuticals' 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 Asian Phytoceuticals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asian 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 Asian Stock

Asian Phytoceuticals financial ratios help investors to determine whether Asian 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 Asian with respect to the benefits of owning Asian Phytoceuticals security.