Haad Thip Stock Forecast - Simple Exponential Smoothing

HTC Stock  THB 16.30  0.10  0.61%   
The Simple Exponential Smoothing forecasted value of Haad Thip Public on the next trading day is expected to be 16.31 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.20. Haad Stock Forecast is based on your current time horizon.
  
Haad Thip 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 Haad Thip Public are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Haad Thip Public prices get older.

Haad Thip Simple Exponential Smoothing Price Forecast For the 27th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Haad Thip Public on the next trading day is expected to be 16.31 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.20.
Please note that although there have been many attempts to predict Haad 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 Haad Thip's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Haad Thip Stock Forecast Pattern

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Haad Thip Forecasted Value

In the context of forecasting Haad Thip'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. Haad Thip's downside and upside margins for the forecasting period are 14.89 and 17.73, respectively. We have considered Haad Thip'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
16.30
16.31
Expected Value
17.73
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 Haad Thip stock data series using in forecasting. Note that when a statistical model is used to represent Haad Thip 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 Criteria115.1341
BiasArithmetic mean of the errors -0.0206
MADMean absolute deviation0.1672
MAPEMean absolute percentage error0.0102
SAESum of the absolute errors10.1997
This simple exponential smoothing model begins by setting Haad Thip Public forecast for the second period equal to the observation of the first period. In other words, recent Haad Thip observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Haad Thip

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Haad Thip 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
14.8916.3017.71
Details
Intrinsic
Valuation
LowRealHigh
14.9216.3317.74
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.0416.5317.03
Details

Other Forecasting Options for Haad Thip

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

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

Haad Thip 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 Haad Thip'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 Haad Thip's current price.

Haad Thip Market Strength Events

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

Haad Thip Risk Indicators

The analysis of Haad Thip'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 Haad Thip's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting haad 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 Haad Stock

Haad Thip financial ratios help investors to determine whether Haad 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 Haad with respect to the benefits of owning Haad Thip security.