Baramulti Suksessarana Stock Forecast - Simple Exponential Smoothing

BSSR Stock  IDR 4,210  40.00  0.94%   
The Simple Exponential Smoothing forecasted value of Baramulti Suksessarana Tbk on the next trading day is expected to be 4,210 with a mean absolute deviation of 37.94 and the sum of the absolute errors of 2,276. Baramulti Stock Forecast is based on your current time horizon.
  
Baramulti Suksessarana simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Baramulti Suksessarana Tbk are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Baramulti Suksessarana prices get older.

Baramulti Suksessarana Simple Exponential Smoothing Price Forecast For the 29th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Baramulti Suksessarana Tbk on the next trading day is expected to be 4,210 with a mean absolute deviation of 37.94, mean absolute percentage error of 2,974, and the sum of the absolute errors of 2,276.
Please note that although there have been many attempts to predict Baramulti 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 Baramulti Suksessarana's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Baramulti Suksessarana Stock Forecast Pattern

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Baramulti Suksessarana Forecasted Value

In the context of forecasting Baramulti Suksessarana'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. Baramulti Suksessarana's downside and upside margins for the forecasting period are 4,209 and 4,211, respectively. We have considered Baramulti Suksessarana'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
4,210
4,210
Expected Value
4,211
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Baramulti Suksessarana stock data series using in forecasting. Note that when a statistical model is used to represent Baramulti Suksessarana 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 Criteria124.2703
BiasArithmetic mean of the errors 10.3633
MADMean absolute deviation37.9407
MAPEMean absolute percentage error0.0086
SAESum of the absolute errors2276.44
This simple exponential smoothing model begins by setting Baramulti Suksessarana Tbk forecast for the second period equal to the observation of the first period. In other words, recent Baramulti Suksessarana observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Baramulti Suksessarana

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baramulti Suksessarana. 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
4,2094,2104,211
Details
Intrinsic
Valuation
LowRealHigh
4,1684,1694,631
Details
Bollinger
Band Projection (param)
LowMiddleHigh
4,1484,2514,353
Details

Other Forecasting Options for Baramulti Suksessarana

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

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

Baramulti Suksessarana 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 Baramulti Suksessarana'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 Baramulti Suksessarana's current price.

Baramulti Suksessarana Market Strength Events

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

Baramulti Suksessarana Risk Indicators

The analysis of Baramulti Suksessarana'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 Baramulti Suksessarana's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting baramulti 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 Baramulti Stock

Baramulti Suksessarana financial ratios help investors to determine whether Baramulti 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 Baramulti with respect to the benefits of owning Baramulti Suksessarana security.