Kinh Bac Stock Forecast - 4 Period Moving Average

KBC Stock   28,700  1,700  6.30%   
The 4 Period Moving Average forecasted value of Kinh Bac City on the next trading day is expected to be 27,375 with a mean absolute deviation of 650.22 and the sum of the absolute errors of 37,062. Kinh Stock Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Kinh Bac City is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Kinh Bac 4 Period Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Kinh Bac City on the next trading day is expected to be 27,375 with a mean absolute deviation of 650.22, mean absolute percentage error of 718,595, and the sum of the absolute errors of 37,062.
Please note that although there have been many attempts to predict Kinh 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 Kinh Bac's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kinh Bac Stock Forecast Pattern

Backtest Kinh BacKinh Bac Price PredictionBuy or Sell Advice 

Kinh Bac Forecasted Value

In the context of forecasting Kinh Bac'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. Kinh Bac's downside and upside margins for the forecasting period are 27,373 and 27,377, respectively. We have considered Kinh Bac'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
28,700
27,373
Downside
27,375
Expected Value
27,377
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Kinh Bac stock data series using in forecasting. Note that when a statistical model is used to represent Kinh Bac 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 Criteria124.244
BiasArithmetic mean of the errors -57.6754
MADMean absolute deviation650.2193
MAPEMean absolute percentage error0.0238
SAESum of the absolute errors37062.5
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Kinh Bac. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Kinh Bac City and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Kinh Bac

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kinh Bac City. 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
28,69828,70028,702
Details
Intrinsic
Valuation
LowRealHigh
23,44423,44631,570
Details
Bollinger
Band Projection (param)
LowMiddleHigh
25,88127,53329,185
Details

Other Forecasting Options for Kinh Bac

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

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

Kinh Bac City 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 Kinh Bac'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 Kinh Bac's current price.

Kinh Bac Market Strength Events

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

Kinh Bac Risk Indicators

The analysis of Kinh Bac'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 Kinh Bac's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kinh 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.

Pair Trading with Kinh Bac

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kinh Bac position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kinh Bac will appreciate offsetting losses from the drop in the long position's value.

Moving against Kinh Stock

  0.6FIT FIT INVEST JSCPairCorr
  0.52AME Alphanam MEPairCorr
  0.46ABS Binhthuan AgriculturePairCorr
  0.45AAA An Phat PlasticPairCorr
  0.38ADS Damsan JSCPairCorr
The ability to find closely correlated positions to Kinh Bac could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinh Bac when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kinh Bac - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kinh Bac City to buy it.
The correlation of Kinh Bac is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kinh Bac moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinh Bac City moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kinh Bac can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Kinh Stock

Kinh Bac financial ratios help investors to determine whether Kinh 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 Kinh with respect to the benefits of owning Kinh Bac security.