Indomobil Sukses Stock Forecast - Triple Exponential Smoothing
| IMAS Stock | IDR 975.00 20.00 2.01% |
The Triple Exponential Smoothing forecasted value of Indomobil Sukses Internasional on the next trading day is expected to be 965.86 with a mean absolute deviation of 14.19 and the sum of the absolute errors of 837.33. Indomobil Stock Forecast is based on your current time horizon.
Indomobil |
Indomobil Sukses Triple Exponential Smoothing Price Forecast For the 30th of November
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Indomobil Sukses Internasional on the next trading day is expected to be 965.86 with a mean absolute deviation of 14.19, mean absolute percentage error of 484.03, and the sum of the absolute errors of 837.33.Please note that although there have been many attempts to predict Indomobil 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 Indomobil Sukses' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Indomobil Sukses Stock Forecast Pattern
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Indomobil Sukses Forecasted Value
In the context of forecasting Indomobil Sukses' 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. Indomobil Sukses' downside and upside margins for the forecasting period are 963.96 and 967.75, respectively. We have considered Indomobil Sukses' 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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Indomobil Sukses stock data series using in forecasting. Note that when a statistical model is used to represent Indomobil Sukses 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 | Huge |
| Bias | Arithmetic mean of the errors | 4.0465 |
| MAD | Mean absolute deviation | 14.192 |
| MAPE | Mean absolute percentage error | 0.0121 |
| SAE | Sum of the absolute errors | 837.3305 |
Predictive Modules for Indomobil Sukses
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indomobil Sukses Int. 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.Other Forecasting Options for Indomobil Sukses
For every potential investor in Indomobil, whether a beginner or expert, Indomobil Sukses' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Indomobil Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Indomobil. Basic forecasting techniques help filter out the noise by identifying Indomobil Sukses' price trends.Indomobil Sukses 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 Indomobil Sukses stock to make a market-neutral strategy. Peer analysis of Indomobil Sukses could also be used in its relative valuation, which is a method of valuing Indomobil Sukses by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Indomobil Sukses Int 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 Indomobil Sukses' 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 Indomobil Sukses' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Indomobil Sukses Market Strength Events
Market strength indicators help investors to evaluate how Indomobil Sukses stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indomobil Sukses shares will generate the highest return on investment. By undertsting and applying Indomobil Sukses stock market strength indicators, traders can identify Indomobil Sukses Internasional entry and exit signals to maximize returns.
| Accumulation Distribution | 27180.4 | |||
| Daily Balance Of Power | (0.57) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 977.5 | |||
| Day Typical Price | 976.67 | |||
| Price Action Indicator | (12.50) | |||
| Period Momentum Indicator | (20.00) |
Indomobil Sukses Risk Indicators
The analysis of Indomobil Sukses' 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 Indomobil Sukses' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting indomobil 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 | 1.23 | |||
| Standard Deviation | 1.91 | |||
| Variance | 3.64 |
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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Indomobil Sukses financial ratios help investors to determine whether Indomobil 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 Indomobil with respect to the benefits of owning Indomobil Sukses security.