Metropolitan Kentjana Stock Forecast - 4 Period Moving Average
| MKPI Stock | IDR 24,875 50.00 0.20% |
The 4 Period Moving Average forecasted value of Metropolitan Kentjana Tbk on the next trading day is expected to be 24,888 with a mean absolute deviation of 159.43 and the sum of the absolute errors of 9,088. Metropolitan Stock Forecast is based on your current time horizon.
Metropolitan |
Metropolitan Kentjana 4 Period Moving Average Price Forecast For the 28th of November
Given 90 days horizon, the 4 Period Moving Average forecasted value of Metropolitan Kentjana Tbk on the next trading day is expected to be 24,888 with a mean absolute deviation of 159.43, mean absolute percentage error of 68,316, and the sum of the absolute errors of 9,088.Please note that although there have been many attempts to predict Metropolitan 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 Metropolitan Kentjana's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Metropolitan Kentjana Stock Forecast Pattern
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Metropolitan Kentjana Forecasted Value
In the context of forecasting Metropolitan Kentjana'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. Metropolitan Kentjana's downside and upside margins for the forecasting period are 24,887 and 24,888, respectively. We have considered Metropolitan Kentjana'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Metropolitan Kentjana stock data series using in forecasting. Note that when a statistical model is used to represent Metropolitan Kentjana 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 | 121.8909 |
| Bias | Arithmetic mean of the errors | 91.2281 |
| MAD | Mean absolute deviation | 159.4298 |
| MAPE | Mean absolute percentage error | 0.0062 |
| SAE | Sum of the absolute errors | 9087.5 |
Predictive Modules for Metropolitan Kentjana
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Metropolitan Kentjana 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.Other Forecasting Options for Metropolitan Kentjana
For every potential investor in Metropolitan, whether a beginner or expert, Metropolitan Kentjana's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Metropolitan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Metropolitan. Basic forecasting techniques help filter out the noise by identifying Metropolitan Kentjana's price trends.Metropolitan Kentjana 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 Metropolitan Kentjana stock to make a market-neutral strategy. Peer analysis of Metropolitan Kentjana could also be used in its relative valuation, which is a method of valuing Metropolitan Kentjana by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Metropolitan Kentjana 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 Metropolitan Kentjana'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 Metropolitan Kentjana's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Metropolitan Kentjana Market Strength Events
Market strength indicators help investors to evaluate how Metropolitan Kentjana stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metropolitan Kentjana shares will generate the highest return on investment. By undertsting and applying Metropolitan Kentjana stock market strength indicators, traders can identify Metropolitan Kentjana Tbk entry and exit signals to maximize returns.
| Accumulation Distribution | 0.005 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 24937.5 | |||
| Day Typical Price | 24916.67 | |||
| Market Facilitation Index | 125.0 | |||
| Price Action Indicator | (87.50) | |||
| Period Momentum Indicator | (50.00) | |||
| Relative Strength Index | 31.81 |
Metropolitan Kentjana Risk Indicators
The analysis of Metropolitan Kentjana'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 Metropolitan Kentjana's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting metropolitan 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 | 0.4761 | |||
| Standard Deviation | 0.8157 | |||
| Variance | 0.6654 |
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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Metropolitan Kentjana financial ratios help investors to determine whether Metropolitan 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 Metropolitan with respect to the benefits of owning Metropolitan Kentjana security.