Plastofil Stock Forecast - Naive Prediction

PPIL Stock  ILS 605.00  0.20  0.03%   
The Naive Prediction forecasted value of Plastofil L on the next trading day is expected to be 579.31 with a mean absolute deviation of 11.52 and the sum of the absolute errors of 702.98. Plastofil Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Plastofil stock prices and determine the direction of Plastofil L's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Plastofil's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the value of rsi of Plastofil's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Plastofil's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Plastofil L, which may create opportunities for some arbitrage if properly timed.
Using Plastofil hype-based prediction, you can estimate the value of Plastofil L from the perspective of Plastofil response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Plastofil L on the next trading day is expected to be 579.31 with a mean absolute deviation of 11.52 and the sum of the absolute errors of 702.98.

Plastofil after-hype prediction price

    
  ILA 605.0  
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.
  
Check out Historical Fundamental Analysis of Plastofil to cross-verify your projections.

Plastofil Additional Predictive Modules

Most predictive techniques to examine Plastofil price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Plastofil using various technical indicators. When you analyze Plastofil 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.
A naive forecasting model for Plastofil is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Plastofil L value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Plastofil Naive Prediction Price Forecast For the 15th of January 2026

Given 90 days horizon, the Naive Prediction forecasted value of Plastofil L on the next trading day is expected to be 579.31 with a mean absolute deviation of 11.52, mean absolute percentage error of 192.89, and the sum of the absolute errors of 702.98.
Please note that although there have been many attempts to predict Plastofil 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 Plastofil's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Plastofil Stock Forecast Pattern

Backtest PlastofilPlastofil Price PredictionBuy or Sell Advice 

Plastofil Forecasted Value

In the context of forecasting Plastofil'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. Plastofil's downside and upside margins for the forecasting period are 577.86 and 580.76, respectively. We have considered Plastofil'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
605.00
577.86
Downside
579.31
Expected Value
580.76
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Plastofil stock data series using in forecasting. Note that when a statistical model is used to represent Plastofil 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 Criteria123.3726
BiasArithmetic mean of the errors None
MADMean absolute deviation11.5243
MAPEMean absolute percentage error0.0163
SAESum of the absolute errors702.9832
This model is not at all useful as a medium-long range forecasting tool of Plastofil L. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Plastofil. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Plastofil

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plastofil L. 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
603.55605.00606.45
Details
Intrinsic
Valuation
LowRealHigh
541.86543.31665.50
Details

Other Forecasting Options for Plastofil

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

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

Plastofil L 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 Plastofil'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 Plastofil's current price.

Plastofil Market Strength Events

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

Plastofil Risk Indicators

The analysis of Plastofil'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 Plastofil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting plastofil 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Plastofil Stock

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