Project Planning Stock Forward View - Simple Exponential Smoothing

PPS Stock  THB 0.18  0.01  5.88%   
Project Stock outlook is based on your current time horizon.
As of now, the value of RSI of Project Planning's share price is approaching 48 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Project Planning, making its price go up or down.

Momentum 48

 Impartial

 
Oversold
 
Overbought
The successful prediction of Project Planning's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Project Planning Service, which may create opportunities for some arbitrage if properly timed.
Using Project Planning hype-based prediction, you can estimate the value of Project Planning Service from the perspective of Project Planning response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Project Planning Service on the next trading day is expected to be 0.18 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.34.

Project Planning after-hype prediction price

    
  THB 0.18  
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 Project Planning to cross-verify your projections.

Project Planning Additional Predictive Modules

Most predictive techniques to examine Project price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Project using various technical indicators. When you analyze Project 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.
Project Planning simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Project Planning Service are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Project Planning Service prices get older.

Project Planning Simple Exponential Smoothing Price Forecast For the 2nd of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Project Planning Service on the next trading day is expected to be 0.18 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000047, and the sum of the absolute errors of 0.34.
Please note that although there have been many attempts to predict Project 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 Project Planning's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Project Planning Stock Forecast Pattern

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Project Planning Forecasted Value

In the context of forecasting Project Planning'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. Project Planning's downside and upside margins for the forecasting period are 0 and 4.17, respectively. We have considered Project Planning'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
0.18
0.18
Expected Value
4.17
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Project Planning stock data series using in forecasting. Note that when a statistical model is used to represent Project Planning 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 Criteria106.3091
BiasArithmetic mean of the errors 0.0012
MADMean absolute deviation0.0057
MAPEMean absolute percentage error0.0309
SAESum of the absolute errors0.3422
This simple exponential smoothing model begins by setting Project Planning Service forecast for the second period equal to the observation of the first period. In other words, recent Project Planning observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Project Planning

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Project Planning Service. 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
0.010.184.17
Details
Intrinsic
Valuation
LowRealHigh
0.010.164.15
Details

Project Planning After-Hype Price Density Analysis

As far as predicting the price of Project Planning at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Project Planning or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Project Planning, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Project Planning Estimiated After-Hype Price Volatility

In the context of predicting Project Planning's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Project Planning's historical news coverage. Project Planning's after-hype downside and upside margins for the prediction period are 0.01 and 4.17, respectively. We have considered Project Planning's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.18
0.18
After-hype Price
4.17
Upside
Project Planning is out of control at this time. Analysis and calculation of next after-hype price of Project Planning Service is based on 3 months time horizon.

Project Planning Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Project Planning is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Project Planning backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Project Planning, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.17 
3.99
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.18
0.18
0.00 
0.00  
Notes

Project Planning Hype Timeline

Project Planning Service is at this time traded for 0.18on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Project is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at -0.17%. %. The volatility of related hype on Project Planning is about 0.0%, with the expected price after the next announcement by competition of 0.18. About 47.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.41. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Project Planning Service last dividend was issued on the 3rd of May 2019. The entity had 6:5 split on the 8th of May 2017. Assuming the 90 days trading horizon the next projected press release will be within a week.
Check out Historical Fundamental Analysis of Project Planning to cross-verify your projections.

Project Planning Related Hype Analysis

Having access to credible news sources related to Project Planning's direct competition is more important than ever and may enhance your ability to predict Project Planning's future price movements. Getting to know how Project Planning's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Project Planning may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CRDChiangmai Rimdoi Public 0.00 0 per month 0.00 (0.13) 2.94 (5.71) 14.97 
TIGERThai Enger Holding 0.00 0 per month 0.00 (0.05) 8.00 (11.76) 45.83 
TNDTThai Nondestructive Testing 0.00 0 per month 4.73  0.08  10.00 (10.00) 34.72 
QLTQualitech Public 0.00 0 per month 0.00 (0.08) 6.04 (8.75) 20.90 
TPOLYThai Polycons Public 0.00 0 per month 0.00 (0.11) 7.41 (8.33) 44.72 
NCLNCL International Logistics 0.00 0 per month 0.00 (0.08) 7.69 (7.41) 17.79 
ARIPARIP Public 0.00 0 per month 2.40 (0.01) 2.70 (4.55) 14.55 
RPRaja Ferry Port 0.00 0 per month 0.00 (0.11) 3.51 (4.55) 11.48 
PROSProsper Engineering Public 0.00 0 per month 3.72  0.01  7.69 (6.52) 44.85 
KCMKC Metalsheet Public 0.00 0 per month 0.00 (0.05) 6.67 (9.52) 23.61 

Other Forecasting Options for Project Planning

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

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

Project Planning Market Strength Events

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

Project Planning Risk Indicators

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

Story Coverage note for Project Planning

The number of cover stories for Project Planning depends on current market conditions and Project Planning's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Project Planning is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Project Planning's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Other Information on Investing in Project Stock

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