PROEN Corp Stock Forecast - Simple Moving Average
| PROEN Stock | 1.14 0.02 1.72% |
Momentum 0
Sell Peaked
Oversold | Overbought |
Using PROEN Corp hype-based prediction, you can estimate the value of PROEN Corp Public from the perspective of PROEN Corp response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of PROEN Corp Public on the next trading day is expected to be 1.15 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.30. PROEN Corp after-hype prediction price | THB 1.16 |
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.
PROEN |
PROEN Corp Additional Predictive Modules
Most predictive techniques to examine PROEN price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PROEN using various technical indicators. When you analyze PROEN 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 |
PROEN Corp Simple Moving Average Price Forecast For the 24th of January
Given 90 days horizon, the Simple Moving Average forecasted value of PROEN Corp Public on the next trading day is expected to be 1.15 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0009, and the sum of the absolute errors of 1.30.Please note that although there have been many attempts to predict PROEN 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 PROEN Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PROEN Corp Stock Forecast Pattern
PROEN Corp Forecasted Value
In the context of forecasting PROEN Corp'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. PROEN Corp's downside and upside margins for the forecasting period are 0.01 and 3.66, respectively. We have considered PROEN Corp'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of PROEN Corp stock data series using in forecasting. Note that when a statistical model is used to represent PROEN Corp 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 | 107.393 |
| Bias | Arithmetic mean of the errors | -5.0E-4 |
| MAD | Mean absolute deviation | 0.022 |
| MAPE | Mean absolute percentage error | 0.0197 |
| SAE | Sum of the absolute errors | 1.3 |
Predictive Modules for PROEN Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PROEN Corp 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.PROEN Corp Estimiated After-Hype Price Prediction Volatility
As far as predicting the price of PROEN Corp 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 PROEN Corp 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 PROEN Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
PROEN Corp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as PROEN Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PROEN Corp 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 PROEN Corp, 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 | 2.51 | 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 | ||
1.14 | 1.16 | 0.00 |
|
PROEN Corp Hype Timeline
PROEN Corp Public is at this time traded for 1.14on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. PROEN 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 PROEN Corp is about 0.0%, with the expected price after the next announcement by competition of 1.14. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.PROEN Corp Related Hype Analysis
Having access to credible news sources related to PROEN Corp's direct competition is more important than ever and may enhance your ability to predict PROEN Corp's future price movements. Getting to know how PROEN Corp'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 PROEN Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NATION | Nation Group PCL | 0.00 | 0 per month | 14.80 | 0.1 | 33.33 | (25.00) | 58.33 | |
| ADD | AddTech Hub Public | 0.00 | 0 per month | 1.80 | 0.11 | 4.43 | (2.26) | 13.05 | |
| RS | RS Public | 0.00 | 0 per month | 0.00 | (0.1) | 5.88 | (5.56) | 34.06 | |
| MORE | More Return Public | 0.00 | 0 per month | 8.69 | 0.06 | 25.00 | (20.00) | 58.33 | |
| GLORY | Glory Forever PCL | 0.00 | 0 per month | 0.00 | (0.29) | 4.92 | (5.63) | 16.10 | |
| YGG | Yggdrazil Group Public | 0.00 | 0 per month | 0.00 | (0.19) | 3.57 | (5.56) | 12.33 | |
| PRAKIT | Prakit Holdings Public | 0.00 | 0 per month | 1.15 | (0.01) | 2.83 | (1.85) | 7.48 | |
| MVP | M Vision Public | 0.00 | 0 per month | 0.00 | (0.24) | 8.33 | (10.53) | 62.62 | |
| TVT | TV Thunder Public | 0.00 | 0 per month | 0.00 | (0.04) | 4.17 | (4.00) | 12.33 |
Other Forecasting Options for PROEN Corp
For every potential investor in PROEN, whether a beginner or expert, PROEN Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PROEN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PROEN. Basic forecasting techniques help filter out the noise by identifying PROEN Corp's price trends.PROEN Corp 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 PROEN Corp stock to make a market-neutral strategy. Peer analysis of PROEN Corp could also be used in its relative valuation, which is a method of valuing PROEN Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PROEN Corp Market Strength Events
Market strength indicators help investors to evaluate how PROEN Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PROEN Corp shares will generate the highest return on investment. By undertsting and applying PROEN Corp stock market strength indicators, traders can identify PROEN Corp Public entry and exit signals to maximize returns.
| Accumulation Distribution | 114154.0 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1.15 | |||
| Day Typical Price | 1.14 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
PROEN Corp Risk Indicators
The analysis of PROEN Corp'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 PROEN Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting proen 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 | 1.82 | |||
| Semi Deviation | 1.95 | |||
| Standard Deviation | 2.51 | |||
| Variance | 6.31 | |||
| Downside Variance | 5.71 | |||
| Semi Variance | 3.8 | |||
| Expected Short fall | (2.46) |
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 PROEN Corp
The number of cover stories for PROEN Corp depends on current market conditions and PROEN Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that PROEN Corp 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 PROEN Corp'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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