Asia Plus Stock Forecast - Simple Regression
ASP Stock | THB 2.46 0.04 1.65% |
The Simple Regression forecasted value of Asia Plus Group on the next trading day is expected to be 2.50 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.06. Asia Stock Forecast is based on your current time horizon.
Asia |
Asia Plus Simple Regression Price Forecast For the 28th of November
Given 90 days horizon, the Simple Regression forecasted value of Asia Plus Group on the next trading day is expected to be 2.50 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.06.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 0.83 and 4.17, 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 | 112.899 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0502 |
MAPE | Mean absolute percentage error | 0.0204 |
SAE | Sum of the absolute errors | 3.065 |
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.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 Group 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 Asia Plus' 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 Asia Plus' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
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 | 1.04 | |||
Semi Deviation | 1.0 | |||
Standard Deviation | 1.66 | |||
Variance | 2.76 | |||
Downside Variance | 1.71 | |||
Semi Variance | 1.0 | |||
Expected Short fall | (1.68) |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther 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.