First Media Stock Forecast - 8 Period Moving Average

An 8-period moving average forecast model for First Media is based on an artificially constructed time series of First Media daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

First Media 8 Period Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of First Media Tbk on the next trading day is expected to be 100.25 with a mean absolute deviation of 4.41, mean absolute percentage error of 43.28, and the sum of the absolute errors of 233.62.

First Media Stock Forecast Pattern

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First Media Price Prediction

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First Media Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of First Media stock data series using in forecasting. Note that when a statistical model is used to represent First Media 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. The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. First Media Tbk 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for First Media

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Media Tbk. 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 Low Estimated High 96.98 100.00 103.02 Details

Intrinsic Valuation Low Real High 70.27 73.29 110.00 Details

Bollinger Band Projection (param) Low Middle High 98.04 99.83 101.63 Details

Other Forecasting Options for First Media

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

First Media Related Equities

Risk & Return

Correlation

First Media Tbk 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 First Media'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 First Media's current price.

First Media Market Strength Events

First Media Risk Indicators

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