Petrosea Tbk Stock Forecast - 4 Period Moving Average

A four-period moving average forecast model for Petrosea Tbk 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.

Petrosea Tbk 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Petrosea Tbk on the next trading day is expected to be 19,062 with a mean absolute deviation of 535.99, mean absolute percentage error of 580,339, and the sum of the absolute errors of 31,088.

Petrosea Tbk Stock Forecast Pattern

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Petrosea Tbk Forecasted Value

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 Petrosea Tbk stock data series using in forecasting. Note that when a statistical model is used to represent Petrosea Tbk 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. 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 Petrosea Tbk. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Petrosea Tbk and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Petrosea Tbk

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Petrosea Tbk. 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 Low Estimated High 18,870 18,875 18,880 Details

Intrinsic Valuation Low Real High 14,755 14,760 20,762 Details

Bollinger Band Projection (param) Low Middle High 12,675 16,636 20,597 Details

Other Forecasting Options for Petrosea Tbk

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

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Risk & Return

Correlation

Petrosea Tbk 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 Petrosea Tbk'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 Petrosea Tbk's current price.

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Petrosea Tbk Risk Indicators

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