Barito Pacific Stock Forecast - Polynomial Regression
| BRPT Stock | IDR 800.00 40.00 4.76% |
The Polynomial Regression forecasted value of Barito Pacific Tbk on the next trading day is expected to be 791.06 with a mean absolute deviation of 25.17 and the sum of the absolute errors of 1,536. Barito Stock Forecast is based on your current time horizon.
Barito |
Barito Pacific Polynomial Regression Price Forecast For the 26th of November
Given 90 days horizon, the Polynomial Regression forecasted value of Barito Pacific Tbk on the next trading day is expected to be 791.06 with a mean absolute deviation of 25.17, mean absolute percentage error of 989.10, and the sum of the absolute errors of 1,536.Please note that although there have been many attempts to predict Barito 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 Barito Pacific's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Barito Pacific Stock Forecast Pattern
| Backtest Barito Pacific | Barito Pacific Price Prediction | Buy or Sell Advice |
Barito Pacific Forecasted Value
In the context of forecasting Barito Pacific'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. Barito Pacific's downside and upside margins for the forecasting period are 788.26 and 793.87, respectively. We have considered Barito Pacific'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Barito Pacific stock data series using in forecasting. Note that when a statistical model is used to represent Barito Pacific 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 | 125.0073 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 25.1749 |
| MAPE | Mean absolute percentage error | 0.0242 |
| SAE | Sum of the absolute errors | 1535.6707 |
Predictive Modules for Barito Pacific
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Barito Pacific 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.Other Forecasting Options for Barito Pacific
For every potential investor in Barito, whether a beginner or expert, Barito Pacific's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Barito Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Barito. Basic forecasting techniques help filter out the noise by identifying Barito Pacific's price trends.Barito Pacific 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 Barito Pacific stock to make a market-neutral strategy. Peer analysis of Barito Pacific could also be used in its relative valuation, which is a method of valuing Barito Pacific by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Barito Pacific 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 Barito Pacific'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 Barito Pacific's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Barito Pacific Market Strength Events
Market strength indicators help investors to evaluate how Barito Pacific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Barito Pacific shares will generate the highest return on investment. By undertsting and applying Barito Pacific stock market strength indicators, traders can identify Barito Pacific Tbk entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0427 | |||
| Daily Balance Of Power | (1.14) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 802.5 | |||
| Day Typical Price | 801.67 | |||
| Market Facilitation Index | 35.0 | |||
| Price Action Indicator | (22.50) | |||
| Period Momentum Indicator | (40.00) | |||
| Relative Strength Index | 19.99 |
Barito Pacific Risk Indicators
The analysis of Barito Pacific'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 Barito Pacific's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting barito 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 | 1.81 | |||
| Standard Deviation | 2.78 | |||
| Variance | 7.72 |
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 Barito Stock
Barito Pacific financial ratios help investors to determine whether Barito 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 Barito with respect to the benefits of owning Barito Pacific security.