MK Restaurant Stock Forward View - Simple Regression
| M Stock | THB 24.10 0.20 0.82% |
MK Restaurant Stock outlook is based on your current time horizon.
The value of RSI of MK Restaurant's stock price is about 69. This indicates that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling MK Restaurant, making its price go up or down. Momentum 69
Buy Stretched
Oversold | Overbought |
Using MK Restaurant hype-based prediction, you can estimate the value of MK Restaurant Group from the perspective of MK Restaurant response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of MK Restaurant Group on the next trading day is expected to be 20.42 with a mean absolute deviation of 1.26 and the sum of the absolute errors of 76.59. MK Restaurant after-hype prediction price | THB 24.1 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
MK Restaurant |
MK Restaurant Additional Predictive Modules
Most predictive techniques to examine MK Restaurant price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MK Restaurant using various technical indicators. When you analyze MK Restaurant charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MK Restaurant Simple Regression Price Forecast For the 22nd of February
Given 90 days horizon, the Simple Regression forecasted value of MK Restaurant Group on the next trading day is expected to be 20.42 with a mean absolute deviation of 1.26, mean absolute percentage error of 2.61, and the sum of the absolute errors of 76.59.Please note that although there have been many attempts to predict MK Restaurant Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that MK Restaurant's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
MK Restaurant Stock Forecast Pattern
| Backtest MK Restaurant | MK Restaurant Price Prediction | Research Analysis |
MK Restaurant Forecasted Value
In the context of forecasting MK Restaurant'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. MK Restaurant's downside and upside margins for the forecasting period are 17.71 and 23.12, respectively. We have considered MK Restaurant'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of MK Restaurant stock data series using in forecasting. Note that when a statistical model is used to represent MK Restaurant 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.| AIC | Akaike Information Criteria | 119.0683 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.2555 |
| MAPE | Mean absolute percentage error | 0.0622 |
| SAE | Sum of the absolute errors | 76.5856 |
Predictive Modules for MK Restaurant
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MK Restaurant Group. 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.MK Restaurant After-Hype Price Density Analysis
As far as predicting the price of MK Restaurant at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in MK Restaurant or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of MK Restaurant, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
MK Restaurant Estimiated After-Hype Price Volatility
In the context of predicting MK Restaurant's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MK Restaurant's historical news coverage. MK Restaurant's after-hype downside and upside margins for the prediction period are 21.40 and 26.80, respectively. We have considered MK Restaurant's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
MK Restaurant is not too volatile at this time. Analysis and calculation of next after-hype price of MK Restaurant Group is based on 3 months time horizon.
MK Restaurant Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as MK Restaurant is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MK Restaurant backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with MK Restaurant, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.13 | 2.70 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
24.10 | 24.10 | 0.00 |
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MK Restaurant Hype Timeline
MK Restaurant Group is now traded for 24.10on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. MK Restaurant is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.13%. %. The volatility of related hype on MK Restaurant is about 0.0%, with the expected price after the next announcement by competition of 24.10. About 72.0% of the company outstanding shares are owned by corporate insiders. The book value of MK Restaurant was now reported as 14.25. The company last dividend was issued on the 23rd of August 2022. Given the investment horizon of 90 days the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of MK Restaurant to cross-verify your projections.MK Restaurant Related Hype Analysis
Having access to credible news sources related to MK Restaurant's direct competition is more important than ever and may enhance your ability to predict MK Restaurant's future price movements. Getting to know how MK Restaurant's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how MK Restaurant may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ACG | Autocorp Holding Public | 0.00 | 0 per month | 2.70 | (0.01) | 3.64 | (4.92) | 18.31 | |
| TNPC | Thai Nam Plastic | 0.00 | 0 per month | 0.00 | (0.06) | 3.90 | (3.57) | 17.00 | |
| SANKO | Sanko Diecasting Public | 0.00 | 0 per month | 1.02 | 0.04 | 2.44 | (2.35) | 5.91 | |
| SPACK | S Pack Print | 0.00 | 0 per month | 2.65 | (0.01) | 4.35 | (3.94) | 16.01 | |
| TRV | TRV Rubber Products | 0.00 | 0 per month | 0.00 | (0.02) | 9.93 | (10.22) | 44.68 | |
| UP | Union Plastic Public | 0.00 | 0 per month | 0.73 | (0.01) | 1.43 | (1.41) | 3.34 | |
| WFX | World Flex PCL | 0.00 | 0 per month | 2.37 | 0.03 | 4.35 | (4.71) | 24.42 | |
| CHIC | Chic Republic PCL | 0.00 | 0 per month | 4.23 | (0.01) | 8.70 | (8.00) | 25.00 | |
| PAF | Pan Asia Footwear | 0.00 | 0 per month | 2.66 | 0.01 | 5.56 | (5.56) | 18.44 |
Other Forecasting Options for MK Restaurant
For every potential investor in MK Restaurant, whether a beginner or expert, MK Restaurant's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MK Restaurant Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MK Restaurant. Basic forecasting techniques help filter out the noise by identifying MK Restaurant's price trends.MK Restaurant 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 MK Restaurant stock to make a market-neutral strategy. Peer analysis of MK Restaurant could also be used in its relative valuation, which is a method of valuing MK Restaurant by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MK Restaurant Market Strength Events
Market strength indicators help investors to evaluate how MK Restaurant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MK Restaurant shares will generate the highest return on investment. By undertsting and applying MK Restaurant stock market strength indicators, traders can identify MK Restaurant Group entry and exit signals to maximize returns.
MK Restaurant Risk Indicators
The analysis of MK Restaurant'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 MK Restaurant's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mk restaurant 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.
| Mean Deviation | 1.94 | |||
| Semi Deviation | 1.95 | |||
| Standard Deviation | 2.75 | |||
| Variance | 7.55 | |||
| Downside Variance | 5.15 | |||
| Semi Variance | 3.81 | |||
| Expected Short fall | (2.93) |
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.
Story Coverage note for MK Restaurant
The number of cover stories for MK Restaurant depends on current market conditions and MK Restaurant's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that MK Restaurant is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about MK Restaurant's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in MK Restaurant Stock
MK Restaurant financial ratios help investors to determine whether MK Restaurant 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 MK Restaurant with respect to the benefits of owning MK Restaurant security.