Inoue Rubber Stock Forecast - Simple Exponential Smoothing
| IRC Stock | THB 11.80 0.10 0.85% |
The Simple Exponential Smoothing forecasted value of Inoue Rubber Public on the next trading day is expected to be 11.80 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.26. Inoue Stock Forecast is based on your current time horizon.
As of now the value of rsi of Inoue Rubber's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Inoue Rubber hype-based prediction, you can estimate the value of Inoue Rubber Public from the perspective of Inoue Rubber response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Inoue Rubber Public on the next trading day is expected to be 11.80 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.26. Inoue Rubber after-hype prediction price | THB 11.8 |
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.
Inoue |
Inoue Rubber Additional Predictive Modules
Most predictive techniques to examine Inoue price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Inoue using various technical indicators. When you analyze Inoue 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.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Inoue Rubber Simple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Inoue Rubber Public on the next trading day is expected to be 11.80 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.26.Please note that although there have been many attempts to predict Inoue 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 Inoue Rubber's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Inoue Rubber Stock Forecast Pattern
| Backtest Inoue Rubber | Inoue Rubber Price Prediction | Buy or Sell Advice |
Inoue Rubber Forecasted Value
In the context of forecasting Inoue Rubber'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. Inoue Rubber's downside and upside margins for the forecasting period are 10.65 and 12.95, respectively. We have considered Inoue Rubber'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.
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 Inoue Rubber stock data series using in forecasting. Note that when a statistical model is used to represent Inoue Rubber 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 | 112.0661 |
| Bias | Arithmetic mean of the errors | -0.0133 |
| MAD | Mean absolute deviation | 0.0877 |
| MAPE | Mean absolute percentage error | 0.0076 |
| SAE | Sum of the absolute errors | 5.262 |
Predictive Modules for Inoue Rubber
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inoue Rubber 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.Inoue Rubber After-Hype Price Prediction Density Analysis
As far as predicting the price of Inoue Rubber 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 Inoue Rubber 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 Inoue Rubber, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Inoue Rubber Estimiated After-Hype Price Volatility
In the context of predicting Inoue Rubber's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Inoue Rubber's historical news coverage. Inoue Rubber's after-hype downside and upside margins for the prediction period are 10.65 and 12.95, respectively. We have considered Inoue Rubber'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Inoue Rubber is not too volatile at this time. Analysis and calculation of next after-hype price of Inoue Rubber Public is based on 3 months time horizon.
Inoue Rubber Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Inoue Rubber is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Inoue Rubber 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 Inoue Rubber, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.10 | 1.15 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
11.80 | 11.80 | 0.00 |
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Inoue Rubber Hype Timeline
Inoue Rubber Public is currently traded for 11.80on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Inoue 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 0.1%. %. The volatility of related hype on Inoue Rubber is about 0.0%, with the expected price after the next announcement by competition of 11.80. About 76.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.71. Some equities with similar Price to Book (P/B) outperform the market in the long run. Inoue Rubber Public last dividend was issued on the 8th of February 2023. The entity had 10:1 split on the 12th of February 2004. Assuming the 90 days trading horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Inoue Rubber to cross-verify your projections.Inoue Rubber Related Hype Analysis
Having access to credible news sources related to Inoue Rubber's direct competition is more important than ever and may enhance your ability to predict Inoue Rubber's future price movements. Getting to know how Inoue Rubber'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 Inoue Rubber may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HFT | Hwa Fong Rubber | 0.00 | 0 per month | 1.34 | (0.02) | 2.99 | (2.43) | 6.49 | |
| FPI | Fortune Parts Industry | 0.00 | 0 per month | 0.61 | 0.04 | 1.97 | (1.29) | 5.00 | |
| TRU | Thai Rung Union | 0.00 | 0 per month | 0.00 | (0.20) | 1.01 | (1.03) | 3.65 | |
| THIP | Thantawan Industry Public | 0.00 | 0 per month | 0.00 | (0.15) | 1.33 | (1.79) | 9.79 | |
| CSC | Crown Seal Public | 0.00 | 0 per month | 0.00 | (0.22) | 1.12 | (1.11) | 2.23 | |
| PACO | President Automobile Industries | 0.00 | 0 per month | 0.00 | (0.20) | 1.59 | (2.33) | 6.33 | |
| SFLEX | Starflex Public | 0.00 | 0 per month | 0.66 | 0.13 | 2.05 | (1.54) | 14.50 | |
| GYT | Goodyear Public | 0.00 | 0 per month | 1.11 | 0.04 | 2.60 | (2.31) | 7.08 | |
| TPAC | Thai Plaspac Public | 0.00 | 0 per month | 0.88 | 0.10 | 2.47 | (1.84) | 10.74 |
Other Forecasting Options for Inoue Rubber
For every potential investor in Inoue, whether a beginner or expert, Inoue Rubber's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Inoue Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Inoue. Basic forecasting techniques help filter out the noise by identifying Inoue Rubber's price trends.Inoue Rubber 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 Inoue Rubber stock to make a market-neutral strategy. Peer analysis of Inoue Rubber could also be used in its relative valuation, which is a method of valuing Inoue Rubber by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Inoue Rubber Market Strength Events
Market strength indicators help investors to evaluate how Inoue Rubber stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Inoue Rubber shares will generate the highest return on investment. By undertsting and applying Inoue Rubber stock market strength indicators, traders can identify Inoue Rubber Public entry and exit signals to maximize returns.
Inoue Rubber Risk Indicators
The analysis of Inoue Rubber'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 Inoue Rubber's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inoue 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 | 0.8019 | |||
| Semi Deviation | 0.9259 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.3 | |||
| Downside Variance | 2.22 | |||
| Semi Variance | 0.8573 | |||
| Expected Short fall | (1.27) |
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 Inoue Rubber
The number of cover stories for Inoue Rubber depends on current market conditions and Inoue Rubber's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Inoue Rubber 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 Inoue Rubber's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Inoue Rubber Short Properties
Inoue Rubber's future price predictability will typically decrease when Inoue Rubber's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Inoue Rubber Public often depends not only on the future outlook of the potential Inoue Rubber'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. Inoue Rubber's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 192.2 M | |
| Dividends Paid | 170 M | |
| Forward Annual Dividend Rate | 0.29 |
Other Information on Investing in Inoue Stock
Inoue Rubber financial ratios help investors to determine whether Inoue 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 Inoue with respect to the benefits of owning Inoue Rubber security.