Eastern Star Stock Forward View - Simple Exponential Smoothing
| ESTAR Stock | THB 0.21 0.01 5.00% |
Eastern Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Eastern Star stock prices and determine the direction of Eastern Star Real's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Eastern Star's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of now, The value of RSI of Eastern Star's share price is at 51 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Eastern Star, making its price go up or down. Momentum 51
Impartial
Oversold | Overbought |
Using Eastern Star hype-based prediction, you can estimate the value of Eastern Star Real from the perspective of Eastern Star response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Eastern Star Real on the next trading day is expected to be 0.21 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.23. Eastern Star after-hype prediction price | THB 0.21 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Eastern |
Eastern Star Additional Predictive Modules
Most predictive techniques to examine Eastern price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eastern using various technical indicators. When you analyze Eastern charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eastern Star Simple Exponential Smoothing Price Forecast For the 5th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Eastern Star Real on the next trading day is expected to be 0.21 with a mean absolute deviation of 0, mean absolute percentage error of 0.00004, and the sum of the absolute errors of 0.23.Please note that although there have been many attempts to predict Eastern Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Eastern Star's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Eastern Star Stock Forecast Pattern
| Backtest Eastern Star | Eastern Star Price Prediction | Research Analysis |
Eastern Star Forecasted Value
In the context of forecasting Eastern Star'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. Eastern Star's downside and upside margins for the forecasting period are 0 and 3.74, respectively. We have considered Eastern Star'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Eastern Star stock data series using in forecasting. Note that when a statistical model is used to represent Eastern Star 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 | 106.1567 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0039 |
| MAPE | Mean absolute percentage error | 0.0194 |
| SAE | Sum of the absolute errors | 0.2336 |
Predictive Modules for Eastern Star
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eastern Star Real. 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.Eastern Star After-Hype Price Density Analysis
As far as predicting the price of Eastern Star at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Eastern Star or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Eastern Star, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Eastern Star Estimiated After-Hype Price Volatility
In the context of predicting Eastern Star's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eastern Star's historical news coverage. Eastern Star's after-hype downside and upside margins for the prediction period are 0.01 and 3.77, respectively. We have considered Eastern Star's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Eastern Star is out of control at this time. Analysis and calculation of next after-hype price of Eastern Star Real is based on 3 months time horizon.
Eastern Star Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Eastern Star is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eastern Star backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Eastern Star, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.14 | 3.53 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.21 | 0.21 | 0.00 |
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Eastern Star Hype Timeline
Eastern Star Real is currently traded for 0.21on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Eastern is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.14%. %. The volatility of related hype on Eastern Star is about 0.0%, with the expected price after the next announcement by competition of 0.21. About 67.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.36. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eastern Star Real last dividend was issued on the 7th of May 2021. The entity had 4:1 split on the 10th of March 2004. Assuming the 90 days trading horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Eastern Star to cross-verify your projections.Eastern Star Related Hype Analysis
Having access to credible news sources related to Eastern Star's direct competition is more important than ever and may enhance your ability to predict Eastern Star's future price movements. Getting to know how Eastern Star's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Eastern Star may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PEACE | Peace Living PCL | 0.00 | 0 per month | 0.00 | (0.10) | 2.63 | (2.56) | 9.32 | |
| MDX | MDX Public | 0.00 | 0 per month | 1.36 | 0.0008 | 1.68 | (2.52) | 13.83 | |
| MK | MK Real Estate | 0.00 | 0 per month | 0.00 | (0.11) | 5.45 | (5.56) | 34.08 | |
| CGD | Country Group Development | 0.00 | 0 per month | 5.40 | 0.03 | 10.00 | (9.09) | 41.67 | |
| J | JAS Asset PCL | 0.00 | 0 per month | 0.00 | (0.20) | 1.47 | (2.86) | 6.12 | |
| RML | Raimon Land Public | 0.00 | 0 per month | 0.00 | (0.03) | 9.09 | (8.33) | 30.95 | |
| VRANDA | Veranda Resort Public | 0.00 | 0 per month | 0.00 | (0.10) | 0.91 | (0.91) | 3.17 | |
| KUN | Villa Kunalai Public | 0.00 | 0 per month | 0.00 | (0.07) | 4.65 | (4.71) | 10.75 | |
| PROUD | Proud Real Estate | 0.00 | 0 per month | 0.00 | (0.20) | 4.17 | (5.00) | 15.65 | |
| WHABT | WHA Business Complex | 0.00 | 0 per month | 0.00 | (0.1) | 0.86 | (0.86) | 3.45 |
Other Forecasting Options for Eastern Star
For every potential investor in Eastern, whether a beginner or expert, Eastern Star's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eastern Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eastern. Basic forecasting techniques help filter out the noise by identifying Eastern Star's price trends.Eastern Star 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 Eastern Star stock to make a market-neutral strategy. Peer analysis of Eastern Star could also be used in its relative valuation, which is a method of valuing Eastern Star by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eastern Star Market Strength Events
Market strength indicators help investors to evaluate how Eastern Star stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastern Star shares will generate the highest return on investment. By undertsting and applying Eastern Star stock market strength indicators, traders can identify Eastern Star Real entry and exit signals to maximize returns.
Eastern Star Risk Indicators
The analysis of Eastern Star'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 Eastern Star's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eastern 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 | 2.27 | |||
| Standard Deviation | 3.75 | |||
| Variance | 14.06 |
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.
Story Coverage note for Eastern Star
The number of cover stories for Eastern Star depends on current market conditions and Eastern Star's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Eastern Star is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Eastern Star's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Eastern Stock
Eastern Star financial ratios help investors to determine whether Eastern 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 Eastern with respect to the benefits of owning Eastern Star security.