Infraset Public Stock Forecast - Naive Prediction

INSET Stock  THB 3.32  0.10  2.92%   
The Naive Prediction forecasted value of Infraset Public on the next trading day is expected to be 3.44 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 10.00. Infraset Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Infraset Public stock prices and determine the direction of Infraset Public's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Infraset Public's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Infraset Public is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Infraset Public value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Infraset Public Naive Prediction Price Forecast For the 27th of November

Given 90 days horizon, the Naive Prediction forecasted value of Infraset Public on the next trading day is expected to be 3.44 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.09, and the sum of the absolute errors of 10.00.
Please note that although there have been many attempts to predict Infraset 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 Infraset Public's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Infraset Public Stock Forecast Pattern

Backtest Infraset PublicInfraset Public Price PredictionBuy or Sell Advice 

Infraset Public Forecasted Value

In the context of forecasting Infraset Public'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. Infraset Public's downside and upside margins for the forecasting period are 0.03 and 130.26, respectively. We have considered Infraset Public'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
3.32
3.44
Expected Value
130.26
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Infraset Public stock data series using in forecasting. Note that when a statistical model is used to represent Infraset Public 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 Criteria115.7139
BiasArithmetic mean of the errors None
MADMean absolute deviation0.164
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors10.0047
This model is not at all useful as a medium-long range forecasting tool of Infraset Public. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Infraset Public. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Infraset Public

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Infraset 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Infraset Public's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.173.32335.32
Details
Intrinsic
Valuation
LowRealHigh
0.112.13334.13
Details

Other Forecasting Options for Infraset Public

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

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

Infraset 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 Infraset Public'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 Infraset Public's current price.

Infraset Public Market Strength Events

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

Infraset Public Risk Indicators

The analysis of Infraset Public'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 Infraset Public's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting infraset 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 Infraset Stock

Infraset Public financial ratios help investors to determine whether Infraset 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 Infraset with respect to the benefits of owning Infraset Public security.