Prinsiri Public Stock Forward View - Polynomial Regression
| PRIN Stock | THB 1.51 0.03 2.03% |
Prinsiri Stock outlook is based on your current time horizon.
As of now the value of rsi of Prinsiri Public'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 |
Using Prinsiri Public hype-based prediction, you can estimate the value of Prinsiri Public from the perspective of Prinsiri Public response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Prinsiri 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 1.44. Prinsiri Public after-hype prediction price | THB 1.51 |
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.
Prinsiri |
Prinsiri Public Additional Predictive Modules
Most predictive techniques to examine Prinsiri price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Prinsiri using various technical indicators. When you analyze Prinsiri 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Prinsiri Public Polynomial Regression Price Forecast For the 6th of February
Given 90 days horizon, the Polynomial Regression forecasted value of Prinsiri 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 1.44.Please note that although there have been many attempts to predict Prinsiri Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Prinsiri Public's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Prinsiri Public Stock Forecast Pattern
| Backtest Prinsiri Public | Prinsiri Public Price Prediction | Research Analysis |
Prinsiri Public Forecasted Value
In the context of forecasting Prinsiri Public'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. Prinsiri Public's downside and upside margins for the forecasting period are 0.02 and 5.14, respectively. We have considered Prinsiri Public'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Prinsiri Public stock data series using in forecasting. Note that when a statistical model is used to represent Prinsiri Public 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.| AIC | Akaike Information Criteria | 113.5374 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0232 |
| MAPE | Mean absolute percentage error | 0.0149 |
| SAE | Sum of the absolute errors | 1.4396 |
Predictive Modules for Prinsiri Public
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prinsiri Public. 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.Prinsiri Public After-Hype Price Density Analysis
As far as predicting the price of Prinsiri Public 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 Prinsiri Public 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 Prinsiri Public, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Prinsiri Public Estimiated After-Hype Price Volatility
In the context of predicting Prinsiri Public's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Prinsiri Public's historical news coverage. Prinsiri Public's after-hype downside and upside margins for the prediction period are 0.08 and 5.18, respectively. We have considered Prinsiri Public'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Prinsiri Public is dangerous at this time. Analysis and calculation of next after-hype price of Prinsiri Public is based on 3 months time horizon.
Prinsiri Public Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Prinsiri Public is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Prinsiri Public 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 Prinsiri Public, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.06 | 3.67 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1.51 | 1.51 | 0.00 |
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Prinsiri Public Hype Timeline
Prinsiri Public is at this time traded for 1.51on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Prinsiri is forecasted 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 forecasted to be very small, whereas the daily expected return is at this time at 0.06%. %. The volatility of related hype on Prinsiri Public is about 0.0%, with the expected price after the next announcement by competition of 1.51. About 77.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.65. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Prinsiri Public last dividend was issued on the 17th of March 2022. The entity had 11:10 split on the 25th of February 2010. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Prinsiri Public to cross-verify your projections.Prinsiri Public Related Hype Analysis
Having access to credible news sources related to Prinsiri Public's direct competition is more important than ever and may enhance your ability to predict Prinsiri Public's future price movements. Getting to know how Prinsiri Public'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 Prinsiri Public may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ALPHAX | Alpha Divisions PCL | 0.00 | 0 per month | 3.01 | 0.19 | 6.45 | (5.77) | 25.33 | |
| BRI | Britania PCL | 0.00 | 0 per month | 0.00 | (0.27) | 1.43 | (3.09) | 11.95 | |
| NOBLE | Noble Development Public | 0.00 | 0 per month | 0.93 | (0.04) | 2.86 | (1.87) | 6.31 | |
| A5 | Asset Five Group | 0.00 | 0 per month | 0.00 | (0.16) | 0.55 | (1.07) | 2.18 | |
| NNCL | Nava Nakorn Public | 0.00 | 0 per month | 0.68 | 0.05 | 1.44 | (1.41) | 5.37 | |
| PLAT | The Platinum Group | 0.00 | 0 per month | 0.00 | (0.07) | 3.10 | (3.39) | 12.96 | |
| LPN | LPN Development Public | 0.00 | 0 per month | 0.00 | (0.22) | 0.67 | (1.30) | 4.55 | |
| AMATAR | Amata Summit Growth | 0.00 | 0 per month | 0.55 | (0) | 1.54 | (1.47) | 3.92 | |
| AMATAV | Amata VN PCL | 0.00 | 0 per month | 0.00 | (0.29) | 1.12 | (2.80) | 9.43 |
Other Forecasting Options for Prinsiri Public
For every potential investor in Prinsiri, whether a beginner or expert, Prinsiri Public's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Prinsiri Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Prinsiri. Basic forecasting techniques help filter out the noise by identifying Prinsiri Public's price trends.Prinsiri Public 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 Prinsiri Public stock to make a market-neutral strategy. Peer analysis of Prinsiri Public could also be used in its relative valuation, which is a method of valuing Prinsiri Public by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Prinsiri Public Market Strength Events
Market strength indicators help investors to evaluate how Prinsiri Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prinsiri Public shares will generate the highest return on investment. By undertsting and applying Prinsiri Public stock market strength indicators, traders can identify Prinsiri Public entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 1.51 | |||
| Day Typical Price | 1.51 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.03 |
Prinsiri Public Risk Indicators
The analysis of Prinsiri Public'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 Prinsiri Public's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prinsiri 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.
| Mean Deviation | 1.37 | |||
| Semi Deviation | 2.09 | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.84 | |||
| Downside Variance | 17.41 | |||
| Semi Variance | 4.38 | |||
| Expected Short fall | (3.28) |
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 Prinsiri Public
The number of cover stories for Prinsiri Public depends on current market conditions and Prinsiri Public's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Prinsiri Public 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 Prinsiri Public's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Prinsiri Stock
Prinsiri Public financial ratios help investors to determine whether Prinsiri 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 Prinsiri with respect to the benefits of owning Prinsiri Public security.