Siam Global Stock Forecast - Simple Regression

GLOBAL Stock  THB 15.70  0.10  0.64%   
The Simple Regression forecasted value of Siam Global House on the next trading day is expected to be 16.25 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 20.81. Siam Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Siam Global stock prices and determine the direction of Siam Global House's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Siam Global'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 Siam Global 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.

Siam Global Simple Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Regression forecasted value of Siam Global House on the next trading day is expected to be 16.25 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.18, and the sum of the absolute errors of 20.81.
Please note that although there have been many attempts to predict Siam 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 Siam Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Siam Global Stock Forecast Pattern

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Siam Global Forecasted Value

In the context of forecasting Siam Global'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. Siam Global's downside and upside margins for the forecasting period are 14.56 and 17.95, respectively. We have considered Siam Global'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
15.70
16.25
Expected Value
17.95
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 Siam Global stock data series using in forecasting. Note that when a statistical model is used to represent Siam Global 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 Criteria116.4075
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3412
MAPEMean absolute percentage error0.0215
SAESum of the absolute errors20.812
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 Siam Global House 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 Siam Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Siam Global House. 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
13.9115.6017.29
Details
Intrinsic
Valuation
LowRealHigh
13.9615.6517.34
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.4715.9116.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Siam Global. Your research has to be compared to or analyzed against Siam Global's peers to derive any actionable benefits. When done correctly, Siam Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Siam Global House.

Other Forecasting Options for Siam Global

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

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

Siam Global House 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 Siam Global'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 Siam Global's current price.

Siam Global Market Strength Events

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

Siam Global Risk Indicators

The analysis of Siam Global'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 Siam Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting siam 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 Siam Stock

Siam Global financial ratios help investors to determine whether Siam 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 Siam with respect to the benefits of owning Siam Global security.