Dusit Thani Stock Forecast - Simple Regression

DREIT Stock  THB 4.98  0.02  0.40%   
The Simple Regression forecasted value of Dusit Thani Freehold on the next trading day is expected to be 5.21 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 14.71. Dusit Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dusit Thani stock prices and determine the direction of Dusit Thani Freehold's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dusit Thani's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Dusit Thani price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Dusit Thani Simple Regression Price Forecast For the 28th of November

Given 90 days horizon, the Simple Regression forecasted value of Dusit Thani Freehold on the next trading day is expected to be 5.21 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.42, and the sum of the absolute errors of 14.71.
Please note that although there have been many attempts to predict Dusit 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 Dusit Thani's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dusit Thani Stock Forecast Pattern

Backtest Dusit ThaniDusit Thani Price PredictionBuy or Sell Advice 

Dusit Thani Forecasted Value

In the context of forecasting Dusit Thani'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. Dusit Thani's downside and upside margins for the forecasting period are 0.05 and 132.04, respectively. We have considered Dusit Thani'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
4.98
5.21
Expected Value
132.04
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Dusit Thani stock data series using in forecasting. Note that when a statistical model is used to represent Dusit Thani 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 Criteria117.2545
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2412
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors14.714
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Dusit Thani Freehold historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Dusit Thani

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dusit Thani Freehold. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dusit Thani's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.254.98502.98
Details
Intrinsic
Valuation
LowRealHigh
0.163.24501.24
Details

Other Forecasting Options for Dusit Thani

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

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

Dusit Thani Freehold 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 Dusit Thani'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 Dusit Thani's current price.

Dusit Thani Market Strength Events

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

Dusit Thani Risk Indicators

The analysis of Dusit Thani'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 Dusit Thani's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dusit 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 Dusit Stock

Dusit Thani financial ratios help investors to determine whether Dusit 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 Dusit with respect to the benefits of owning Dusit Thani security.