PCS Machine Stock Forecast - 8 Period Moving Average

PCSGH Stock  THB 4.32  0.04  0.93%   
The 8 Period Moving Average forecasted value of PCS Machine Group on the next trading day is expected to be 4.33 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.02. PCS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PCS Machine stock prices and determine the direction of PCS Machine Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PCS Machine's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for PCS Machine is based on an artificially constructed time series of PCS Machine daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

PCS Machine 8 Period Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of PCS Machine Group on the next trading day is expected to be 4.33 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.02, and the sum of the absolute errors of 4.02.
Please note that although there have been many attempts to predict PCS 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 PCS Machine's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

PCS Machine Stock Forecast Pattern

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PCS Machine Forecasted Value

In the context of forecasting PCS Machine'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. PCS Machine's downside and upside margins for the forecasting period are 0.04 and 131.17, respectively. We have considered PCS Machine'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
4.32
4.33
Expected Value
131.17
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of PCS Machine stock data series using in forecasting. Note that when a statistical model is used to represent PCS Machine 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 Criteria99.3611
BiasArithmetic mean of the errors -0.0161
MADMean absolute deviation0.0758
MAPEMean absolute percentage error0.0172
SAESum of the absolute errors4.015
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. PCS Machine Group 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for PCS Machine

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PCS Machine 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.
Hype
Prediction
LowEstimatedHigh
0.224.32436.32
Details
Intrinsic
Valuation
LowRealHigh
0.173.31435.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PCS Machine. Your research has to be compared to or analyzed against PCS Machine's peers to derive any actionable benefits. When done correctly, PCS Machine's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PCS Machine Group.

Other Forecasting Options for PCS Machine

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

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

PCS Machine Group 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 PCS Machine'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 PCS Machine's current price.

PCS Machine Market Strength Events

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

PCS Machine Risk Indicators

The analysis of PCS Machine'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 PCS Machine's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pcs 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 PCS Stock

PCS Machine financial ratios help investors to determine whether PCS 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 PCS with respect to the benefits of owning PCS Machine security.