Index International Stock Forward View - Simple Exponential Smoothing

IND Stock  THB 1.22  0.02  1.61%   
Index Stock outlook is based on your current time horizon.
As of now, The value of RSI of Index International's share price is at 50. This usually indicates 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 Index International, making its price go up or down.

Momentum 50

 Impartial

 
Oversold
 
Overbought
The successful prediction of Index International's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Index International Group, which may create opportunities for some arbitrage if properly timed.
Using Index International hype-based prediction, you can estimate the value of Index International Group from the perspective of Index International response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Index International Group on the next trading day is expected to be 1.22 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.53.

Index International after-hype prediction price

    
  THB 1.24  
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.
  
Check out Historical Fundamental Analysis of Index International to cross-verify your projections.

Index International Additional Predictive Modules

Most predictive techniques to examine Index price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Index using various technical indicators. When you analyze Index 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.
Index International 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 Index International Group are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Index International prices get older.

Index International Simple Exponential Smoothing Price Forecast For the 24th of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Index International Group on the next trading day is expected to be 1.22 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.53.
Please note that although there have been many attempts to predict Index 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 Index International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Index International Stock Forecast Pattern

Backtest Index International  Index International Price Prediction  Research Analysis  

Index International Forecasted Value

In the context of forecasting Index International'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. Index International's downside and upside margins for the forecasting period are 0.01 and 5.66, respectively. We have considered Index International'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
1.22
1.22
Expected Value
5.66
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 Index International stock data series using in forecasting. Note that when a statistical model is used to represent Index International 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 Criteria110.5384
BiasArithmetic mean of the errors -0.0032
MADMean absolute deviation0.0255
MAPEMean absolute percentage error0.0199
SAESum of the absolute errors1.5287
This simple exponential smoothing model begins by setting Index International Group forecast for the second period equal to the observation of the first period. In other words, recent Index International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Index International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Index International. 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
0.061.245.70
Details
Intrinsic
Valuation
LowRealHigh
0.061.255.71
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.791.293.37
Details

Index International After-Hype Price Density Analysis

As far as predicting the price of Index International 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 Index International 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 Index International, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Index International Estimiated After-Hype Price Volatility

In the context of predicting Index International's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Index International's historical news coverage. Index International's after-hype downside and upside margins for the prediction period are 0.06 and 5.70, respectively. We have considered Index International'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
1.22
1.24
After-hype Price
5.70
Upside
Index International is dangerous at this time. Analysis and calculation of next after-hype price of Index International is based on 3 months time horizon.

Index International Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Index International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Index International 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 Index International, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.33 
4.43
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.22
1.24
0.00 
0.00  
Notes

Index International Hype Timeline

Index International is currently traded for 1.22on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Index 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 0.33%. %. The volatility of related hype on Index International is about 0.0%, with the expected price after the next announcement by competition of 1.22. About 60.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.24. Some equities with similar Price to Book (P/B) outperform the market in the long run. Index International had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be uncertain.
Check out Historical Fundamental Analysis of Index International to cross-verify your projections.

Index International Related Hype Analysis

Having access to credible news sources related to Index International's direct competition is more important than ever and may enhance your ability to predict Index International's future price movements. Getting to know how Index International'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 Index International may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Index International

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

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

Index International Market Strength Events

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

Index International Risk Indicators

The analysis of Index International'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 Index International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting index 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.

Story Coverage note for Index International

The number of cover stories for Index International depends on current market conditions and Index International's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Index International 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 Index International's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Index International Short Properties

Index International's future price predictability will typically decrease when Index International's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Index International Group often depends not only on the future outlook of the potential Index International's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Index International's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding350 M
Shares Float169.1 M

Other Information on Investing in Index Stock

Index International financial ratios help investors to determine whether Index 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 Index with respect to the benefits of owning Index International security.