Graha Andrasentra Stock Forecast - Simple Exponential Smoothing

JGLE Stock  IDR 8.00  1.00  14.29%   
The Simple Exponential Smoothing forecasted value of Graha Andrasentra Propertindo on the next trading day is expected to be 8.00 with a mean absolute deviation of 0.42 and the sum of the absolute errors of 25.00. Graha Stock Forecast is based on your current time horizon.
  
Graha Andrasentra 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 Graha Andrasentra Propertindo are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Graha Andrasentra prices get older.

Graha Andrasentra Simple Exponential Smoothing Price Forecast For the 26th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Graha Andrasentra Propertindo on the next trading day is expected to be 8.00 with a mean absolute deviation of 0.42, mean absolute percentage error of 0.42, and the sum of the absolute errors of 25.00.
Please note that although there have been many attempts to predict Graha 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 Graha Andrasentra's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Graha Andrasentra Stock Forecast Pattern

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Graha Andrasentra Forecasted Value

In the context of forecasting Graha Andrasentra'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. Graha Andrasentra's downside and upside margins for the forecasting period are 0.66 and 15.34, respectively. We have considered Graha Andrasentra'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
8.00
8.00
Expected Value
15.34
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 Graha Andrasentra stock data series using in forecasting. Note that when a statistical model is used to represent Graha Andrasentra 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 Criteria115.3972
BiasArithmetic mean of the errors 0.0167
MADMean absolute deviation0.4167
MAPEMean absolute percentage error0.047
SAESum of the absolute errors25.0
This simple exponential smoothing model begins by setting Graha Andrasentra Propertindo forecast for the second period equal to the observation of the first period. In other words, recent Graha Andrasentra observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Graha Andrasentra

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Graha Andrasentra. 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
0.728.0015.28
Details
Intrinsic
Valuation
LowRealHigh
0.367.1414.42
Details

Other Forecasting Options for Graha Andrasentra

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

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

Graha Andrasentra 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 Graha Andrasentra'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 Graha Andrasentra's current price.

Graha Andrasentra Market Strength Events

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

Graha Andrasentra Risk Indicators

The analysis of Graha Andrasentra'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 Graha Andrasentra's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting graha 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 Graha Stock

Graha Andrasentra financial ratios help investors to determine whether Graha 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 Graha with respect to the benefits of owning Graha Andrasentra security.