LH Hotel Stock Forecast - 20 Period Moving Average

LHHOTEL Stock  THB 13.50  0.20  1.50%   
The 20 Period Moving Average forecasted value of LH Hotel Leasehold on the next trading day is expected to be 12.88 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 15.73. LHHOTEL Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for LH Hotel Leasehold is based on a synthetically constructed LH Hoteldaily 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.

LH Hotel 20 Period Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of LH Hotel Leasehold on the next trading day is expected to be 12.88 with a mean absolute deviation of 0.37, mean absolute percentage error of 0.18, and the sum of the absolute errors of 15.73.
Please note that although there have been many attempts to predict LHHOTEL 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 LH Hotel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

LH Hotel Stock Forecast Pattern

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LH Hotel Forecasted Value

In the context of forecasting LH Hotel'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. LH Hotel's downside and upside margins for the forecasting period are 11.55 and 14.21, respectively. We have considered LH Hotel'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
13.50
12.88
Expected Value
14.21
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 LH Hotel stock data series using in forecasting. Note that when a statistical model is used to represent LH Hotel 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 Criteria81.4706
BiasArithmetic mean of the errors 0.0563
MADMean absolute deviation0.3746
MAPEMean absolute percentage error0.0286
SAESum of the absolute errors15.735
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. LH Hotel Leasehold 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for LH Hotel

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LH Hotel Leasehold. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LH Hotel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
11.9613.3014.64
Details
Intrinsic
Valuation
LowRealHigh
12.8914.2315.57
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.4012.9513.50
Details

Other Forecasting Options for LH Hotel

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

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

LH Hotel Leasehold 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 LH Hotel'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 LH Hotel's current price.

LH Hotel Market Strength Events

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

LH Hotel Risk Indicators

The analysis of LH Hotel'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 LH Hotel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lhhotel 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 LHHOTEL Stock

LH Hotel financial ratios help investors to determine whether LHHOTEL 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 LHHOTEL with respect to the benefits of owning LH Hotel security.