Panorama Sentrawisata Stock Forecast - Simple Moving Average

PANR Stock  IDR 520.00  0.00  0.00%   
The Simple Moving Average forecasted value of Panorama Sentrawisata Tbk on the next trading day is expected to be 520.00 with a mean absolute deviation of 3.31 and the sum of the absolute errors of 195.00. Panorama Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for Panorama Sentrawisata is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Panorama Sentrawisata Simple Moving Average Price Forecast For the 28th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Panorama Sentrawisata Tbk on the next trading day is expected to be 520.00 with a mean absolute deviation of 3.31, mean absolute percentage error of 24.01, and the sum of the absolute errors of 195.00.
Please note that although there have been many attempts to predict Panorama 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 Panorama Sentrawisata's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Panorama Sentrawisata Stock Forecast Pattern

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Panorama Sentrawisata Forecasted Value

In the context of forecasting Panorama Sentrawisata'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. Panorama Sentrawisata's downside and upside margins for the forecasting period are 519.22 and 520.78, respectively. We have considered Panorama Sentrawisata'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
520.00
519.22
Downside
520.00
Expected Value
520.78
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Panorama Sentrawisata stock data series using in forecasting. Note that when a statistical model is used to represent Panorama Sentrawisata 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 Criteria117.6132
BiasArithmetic mean of the errors -1.8305
MADMean absolute deviation3.3051
MAPEMean absolute percentage error0.0067
SAESum of the absolute errors195.0
The simple moving average model is conceptually a linear regression of the current value of Panorama Sentrawisata Tbk price series against current and previous (unobserved) value of Panorama Sentrawisata. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Panorama Sentrawisata

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Panorama Sentrawisata 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.
Hype
Prediction
LowEstimatedHigh
0.000.000.78
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.78
Details
Bollinger
Band Projection (param)
LowMiddleHigh
497.12514.79532.46
Details

Other Forecasting Options for Panorama Sentrawisata

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

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

Panorama Sentrawisata 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 Panorama Sentrawisata'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 Panorama Sentrawisata's current price.

Panorama Sentrawisata Market Strength Events

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

Panorama Sentrawisata Risk Indicators

The analysis of Panorama Sentrawisata'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 Panorama Sentrawisata's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting panorama 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 Panorama Stock

Panorama Sentrawisata financial ratios help investors to determine whether Panorama 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 Panorama with respect to the benefits of owning Panorama Sentrawisata security.