Dcon Products Stock Forecast - Simple Moving Average

DCON Stock  THB 0.30  0.01  3.23%   
The Simple Moving Average forecasted value of Dcon Products Public on the next trading day is expected to be 0.30 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.08. Dcon Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for Dcon Products is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Dcon Products Simple Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Dcon Products Public on the next trading day is expected to be 0.30 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.08.
Please note that although there have been many attempts to predict Dcon 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 Dcon Products' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dcon Products Stock Forecast Pattern

Backtest Dcon ProductsDcon Products Price PredictionBuy or Sell Advice 

Dcon Products Forecasted Value

In the context of forecasting Dcon Products' 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. Dcon Products' downside and upside margins for the forecasting period are 0 and 128.18, respectively. We have considered Dcon Products' 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
0.30
0.30
Expected Value
128.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Dcon Products stock data series using in forecasting. Note that when a statistical model is used to represent Dcon Products 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 Criteria108.5959
BiasArithmetic mean of the errors 9.0E-4
MADMean absolute deviation0.0182
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors1.075
The simple moving average model is conceptually a linear regression of the current value of Dcon Products Public price series against current and previous (unobserved) value of Dcon Products. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Dcon Products

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dcon Products 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
0.020.3165.81
Details
Intrinsic
Valuation
LowRealHigh
0.010.2165.71
Details

Other Forecasting Options for Dcon Products

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

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

Dcon Products 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 Dcon Products' 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 Dcon Products' current price.

Dcon Products Market Strength Events

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

Dcon Products Risk Indicators

The analysis of Dcon Products' 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 Dcon Products' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dcon 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.

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 Architect

Other Information on Investing in Dcon Stock

Dcon Products financial ratios help investors to determine whether Dcon 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 Dcon with respect to the benefits of owning Dcon Products security.