Kiattana Transport Stock Forecast - 20 Period Moving Average

KIAT Stock  THB 0.33  0.01  3.13%   
The 20 Period Moving Average forecasted value of Kiattana Transport Public on the next trading day is expected to be 0.33 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.43. Kiattana Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Kiattana Transport Public is based on a synthetically constructed Kiattana Transportdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Kiattana Transport 20 Period Moving Average Price Forecast For the 4th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of Kiattana Transport Public on the next trading day is expected to be 0.33 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.43.
Please note that although there have been many attempts to predict Kiattana 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 Kiattana Transport's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kiattana Transport Stock Forecast Pattern

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Kiattana Transport Forecasted Value

In the context of forecasting Kiattana Transport'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. Kiattana Transport's downside and upside margins for the forecasting period are 0 and 2.13, respectively. We have considered Kiattana Transport'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
0.33
0.33
Expected Value
2.13
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Kiattana Transport stock data series using in forecasting. Note that when a statistical model is used to represent Kiattana Transport 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 Criteria72.4779
BiasArithmetic mean of the errors 0.01
MADMean absolute deviation0.0104
MAPEMean absolute percentage error0.0308
SAESum of the absolute errors0.428
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. Kiattana Transport Public 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Kiattana Transport

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kiattana Transport 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.
Hype
Prediction
LowEstimatedHigh
0.020.3366.83
Details
Intrinsic
Valuation
LowRealHigh
0.010.2966.79
Details

Other Forecasting Options for Kiattana Transport

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

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

Kiattana Transport 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 Kiattana Transport'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 Kiattana Transport's current price.

Kiattana Transport Market Strength Events

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

Kiattana Transport Risk Indicators

The analysis of Kiattana Transport'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 Kiattana Transport's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kiattana 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 Kiattana Stock

Kiattana Transport financial ratios help investors to determine whether Kiattana 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 Kiattana with respect to the benefits of owning Kiattana Transport security.