Asia Plus Stock Forecast - Simple Regression
| ASP Stock | THB 2.08 0.02 0.97% |
Asia Stock outlook is based on your current time horizon.
As of now, The value of RSI of Asia Plus' share price is at 51. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Asia Plus, making its price go up or down. Momentum 51
Impartial
Oversold | Overbought |
Using Asia Plus hype-based prediction, you can estimate the value of Asia Plus Group from the perspective of Asia Plus response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Asia Plus Group on the next trading day is expected to be 1.98 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.00. Asia Plus after-hype prediction price | THB 2.08 |
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.
Asia |
Asia Plus 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Asia Plus Simple Regression Price Forecast For the 29th of January
Given 90 days horizon, the Simple Regression forecasted value of Asia Plus Group on the next trading day is expected to be 1.98 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 3.00.Please note that although there have been many attempts to predict Asia 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 Asia Plus' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Asia Plus Stock Forecast Pattern
| Backtest Asia Plus | Asia Plus Price Prediction | Buy or Sell Advice |
Asia Plus Forecasted Value
In the context of forecasting Asia Plus' 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 Plus' downside and upside margins for the forecasting period are 0.43 and 3.53, respectively. We have considered Asia Plus' 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.
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 Asia Plus stock data series using in forecasting. Note that when a statistical model is used to represent Asia Plus 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.| AIC | Akaike Information Criteria | 114.2028 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0483 |
| MAPE | Mean absolute percentage error | 0.0234 |
| SAE | Sum of the absolute errors | 2.9971 |
Predictive Modules for Asia Plus
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 Plus Group. 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.Asia Plus After-Hype Price Density Analysis
As far as predicting the price of Asia Plus 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 Plus 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 Plus, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Asia Plus Estimiated After-Hype Price Volatility
In the context of predicting Asia Plus' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Asia Plus' historical news coverage. Asia Plus' after-hype downside and upside margins for the prediction period are 0.54 and 3.62, respectively. We have considered Asia Plus' 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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Asia Plus is relatively risky at this time. Analysis and calculation of next after-hype price of Asia Plus Group is based on 3 months time horizon.
Asia Plus Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Asia Plus is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Asia Plus 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 Plus, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.10 | 1.55 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
2.08 | 2.08 | 0.00 |
|
Asia Plus Hype Timeline
Asia Plus Group is presently traded for 2.08on 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 projected 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 projected to be very small, whereas the daily expected return is presently at -0.1%. %. The volatility of related hype on Asia Plus is about 0.0%, with the expected price after the next announcement by competition of 2.08. About 21.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.34. Some equities with similar Price to Book (P/B) outperform the market in the long run. Asia Plus Group last dividend was issued on the 24th of August 2022. The entity had 10:1 split on the 18th of April 2005. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Asia Plus to cross-verify your projections.Asia Plus Related Hype Analysis
Having access to credible news sources related to Asia Plus' direct competition is more important than ever and may enhance your ability to predict Asia Plus' future price movements. Getting to know how Asia Plus' 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 Plus may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| XPG | XSpring Capital Public | 0.00 | 0 per month | 0.00 | (0.06) | 4.55 | (2.38) | 9.13 | |
| MST | Maybank Securities PCL | 0.00 | 0 per month | 0.00 | (0.19) | 0.75 | (1.44) | 3.58 | |
| NCAP | Next Capital Public | 0.00 | 0 per month | 0.00 | (0.06) | 3.80 | (4.14) | 18.34 | |
| BYD | Beyond Securities PCL | 0.00 | 0 per month | 0.00 | (0.07) | 9.43 | (6.45) | 23.43 | |
| HENG | Heng Leasing Capital | 0.00 | 0 per month | 0.00 | (0.06) | 1.98 | (3.03) | 14.27 | |
| SINGER | Singer Thailand Public | 0.00 | 0 per month | 0.00 | (0.18) | 2.94 | (3.90) | 8.35 | |
| ASK | Asia Sermkij Leasing | 0.00 | 0 per month | 0.00 | (0.12) | 2.10 | (2.60) | 5.37 | |
| CGH | Country Group Holdings | 0.00 | 0 per month | 0.00 | (0.17) | 2.08 | (3.70) | 8.34 | |
| SGC | SG Capital PCL | 0.00 | 0 per month | 0.00 | (0.10) | 5.00 | (5.00) | 13.30 | |
| KGI | KGI Securities Public | 0.00 | 0 per month | 0.49 | 0.01 | 1.47 | (0.53) | 3.62 |
Other Forecasting Options for Asia Plus
For every potential investor in Asia, whether a beginner or expert, Asia Plus' 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 Plus' price trends.Asia Plus 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 Plus stock to make a market-neutral strategy. Peer analysis of Asia Plus could also be used in its relative valuation, which is a method of valuing Asia Plus by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Asia Plus Market Strength Events
Market strength indicators help investors to evaluate how Asia Plus 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 Plus shares will generate the highest return on investment. By undertsting and applying Asia Plus stock market strength indicators, traders can identify Asia Plus Group entry and exit signals to maximize returns.
| Accumulation Distribution | 32728.98 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 2.09 | |||
| Day Typical Price | 2.09 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 51.69 |
Asia Plus Risk Indicators
The analysis of Asia Plus' 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 Plus' 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.
| Mean Deviation | 0.9631 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.29 |
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 Plus
The number of cover stories for Asia Plus depends on current market conditions and Asia Plus' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Asia Plus 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 Plus' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Other Information on Investing in Asia Stock
Asia Plus 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 Plus security.