OCC Public Stock Forecast - 20 Period Moving Average

OCC Stock  THB 9.00  0.05  0.56%   
The 20 Period Moving Average forecasted value of OCC Public on the next trading day is expected to be 9.00 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 4.20. OCC Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for OCC Public is based on a synthetically constructed OCC Publicdaily 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.

OCC Public 20 Period Moving Average Price Forecast For the 1st of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of OCC Public on the next trading day is expected to be 9.00 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.20.
Please note that although there have been many attempts to predict OCC 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 OCC Public's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

OCC Public Stock Forecast Pattern

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OCC Public Forecasted Value

In the context of forecasting OCC Public'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. OCC Public's downside and upside margins for the forecasting period are 0.09 and 135.82, respectively. We have considered OCC Public'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
9.00
9.00
Expected Value
135.82
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 OCC Public stock data series using in forecasting. Note that when a statistical model is used to represent OCC Public 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 Criteria77.1515
BiasArithmetic mean of the errors 0.028
MADMean absolute deviation0.1024
MAPEMean absolute percentage error0.0113
SAESum of the absolute errors4.1975
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. OCC Public 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for OCC Public

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OCC 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
0.459.00909.00
Details
Intrinsic
Valuation
LowRealHigh
0.418.13908.13
Details

Other Forecasting Options for OCC Public

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

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

OCC 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 OCC Public'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 OCC Public's current price.

OCC Public Market Strength Events

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

OCC Public Risk Indicators

The analysis of OCC Public'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 OCC Public's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting occ 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 OCC Stock

OCC Public financial ratios help investors to determine whether OCC 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 OCC with respect to the benefits of owning OCC Public security.