Bank of Ayudhya Stock Forecast - 4 Period Moving Average

A four-period moving average forecast model for Bank of Ayudhya is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Bank of Ayudhya 4 Period Moving Average Price Forecast For the 23rd of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Bank of Ayudhya on the next trading day is expected to be 25.19 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.47, and the sum of the absolute errors of 23.21.

Bank of Ayudhya Stock Forecast Pattern

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Bank of Ayudhya Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Bank of Ayudhya stock data series using in forecasting. Note that when a statistical model is used to represent Bank of Ayudhya 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 four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Bank of Ayudhya. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Bank of Ayudhya and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Bank of Ayudhya

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of Ayudhya. 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 23.63 25.25 26.87 Details

Intrinsic Valuation Low Real High 24.15 25.77 27.39 Details

Bollinger Band Projection (param) Low Middle High 24.38 25.09 25.80 Details

Other Forecasting Options for Bank of Ayudhya

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

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Risk & Return

Correlation

Bank of Ayudhya 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 Bank of Ayudhya'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 Bank of Ayudhya's current price.

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