Peerapat Technology Stock Forecast - 4 Period Moving Average

PRAPAT Stock  THB 1.46  0.01  0.68%   
The 4 Period Moving Average forecasted value of Peerapat Technology Public on the next trading day is expected to be 1.47 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.42. Peerapat Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Peerapat Technology stock prices and determine the direction of Peerapat Technology Public's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Peerapat Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Peerapat Technology Public is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Peerapat Technology 4 Period Moving Average Price Forecast For the 23rd of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Peerapat Technology Public on the next trading day is expected to be 1.47 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.42.
Please note that although there have been many attempts to predict Peerapat 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 Peerapat Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Peerapat Technology Stock Forecast Pattern

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Peerapat Technology Forecasted Value

In the context of forecasting Peerapat Technology'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. Peerapat Technology's downside and upside margins for the forecasting period are 0.01 and 3.73, respectively. We have considered Peerapat Technology'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
1.46
1.47
Expected Value
3.73
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Peerapat Technology stock data series using in forecasting. Note that when a statistical model is used to represent Peerapat Technology 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 Criteria104.0753
BiasArithmetic mean of the errors -0.0016
MADMean absolute deviation0.025
MAPEMean absolute percentage error0.0172
SAESum of the absolute errors1.4225
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Peerapat Technology. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Peerapat Technology Public and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Peerapat Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Peerapat Technology. 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
0.071.473.73
Details
Intrinsic
Valuation
LowRealHigh
0.061.223.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Peerapat Technology. Your research has to be compared to or analyzed against Peerapat Technology's peers to derive any actionable benefits. When done correctly, Peerapat Technology'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 Peerapat Technology.

Other Forecasting Options for Peerapat Technology

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

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

Peerapat Technology 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 Peerapat Technology'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 Peerapat Technology's current price.

Peerapat Technology Market Strength Events

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

Peerapat Technology Risk Indicators

The analysis of Peerapat Technology'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 Peerapat Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting peerapat 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 Peerapat Stock

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