Garuda Metalindo Stock Forecast - 20 Period Moving Average

A commonly used 20-period moving average forecast model for Garuda Metalindo Tbk is based on a synthetically constructed Garuda Metalindodaily 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.

Garuda Metalindo 20 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of Garuda Metalindo Tbk on the next trading day is expected to be 1,120 with a mean absolute deviation of 44.70, mean absolute percentage error of 2,467, and the sum of the absolute errors of 1,878.

Garuda Metalindo Stock Forecast Pattern

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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 Garuda Metalindo stock data series using in forecasting. Note that when a statistical model is used to represent Garuda Metalindo 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 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. Garuda Metalindo Tbk 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Garuda Metalindo

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Garuda Metalindo Tbk. 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 1,198 1,200 1,202 Details

Intrinsic Valuation Low Real High 967.33 969.15 1,320 Details

Bollinger Band Projection (param) Low Middle High 1,063 1,143 1,223 Details

Other Forecasting Options for Garuda Metalindo

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

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Correlation

Garuda Metalindo Tbk 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 Garuda Metalindo'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 Garuda Metalindo's current price.

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