BGrimm Power Stock Forecast - 20 Period Moving Average

BGRIM Stock  THB 21.10  0.40  1.93%   
The 20 Period Moving Average forecasted value of BGrimm Power Public on the next trading day is expected to be 21.21 with a mean absolute deviation of 0.94 and the sum of the absolute errors of 38.57. BGrimm Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BGrimm Power stock prices and determine the direction of BGrimm Power Public's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BGrimm Power's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for BGrimm Power Public is based on a synthetically constructed BGrimm Powerdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

BGrimm Power 20 Period Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of BGrimm Power Public on the next trading day is expected to be 21.21 with a mean absolute deviation of 0.94, mean absolute percentage error of 1.23, and the sum of the absolute errors of 38.57.
Please note that although there have been many attempts to predict BGrimm 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 BGrimm Power's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

BGrimm Power Stock Forecast Pattern

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BGrimm Power Forecasted Value

In the context of forecasting BGrimm Power's 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. BGrimm Power's downside and upside margins for the forecasting period are 19.43 and 23.00, respectively. We have considered BGrimm Power's 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
21.10
21.21
Expected Value
23.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of BGrimm Power stock data series using in forecasting. Note that when a statistical model is used to represent BGrimm Power 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 Criteria81.5625
BiasArithmetic mean of the errors 0.5512
MADMean absolute deviation0.9407
MAPEMean absolute percentage error0.0431
SAESum of the absolute errors38.57
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. BGrimm Power Public 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for BGrimm Power

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BGrimm Power Public. 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
19.3221.1022.88
Details
Intrinsic
Valuation
LowRealHigh
16.5118.2923.21
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.0220.7121.39
Details

Other Forecasting Options for BGrimm Power

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

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

BGrimm Power Public 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 BGrimm Power'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 BGrimm Power's current price.

BGrimm Power Market Strength Events

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

BGrimm Power Risk Indicators

The analysis of BGrimm Power's 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 BGrimm Power's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bgrimm 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 BGrimm Stock

BGrimm Power financial ratios help investors to determine whether BGrimm 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 BGrimm with respect to the benefits of owning BGrimm Power security.