Qualitech Public Stock Forecast - Simple Regression
| QLT Stock | THB 1.55 0.01 0.64% |
The Simple Regression forecasted value of Qualitech Public on the next trading day is expected to be 1.53 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.29. Qualitech Stock Forecast is based on your current time horizon.
As of now the value of rsi of Qualitech 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 Qualitech Public hype-based prediction, you can estimate the value of Qualitech Public from the perspective of Qualitech Public response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Qualitech Public on the next trading day is expected to be 1.53 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.29. Qualitech Public after-hype prediction price | THB 1.55 |
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.
Qualitech |
Qualitech Public Additional Predictive Modules
Most predictive techniques to examine Qualitech price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Qualitech using various technical indicators. When you analyze Qualitech 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 |
Qualitech Public Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of Qualitech Public on the next trading day is expected to be 1.53 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 3.29.Please note that although there have been many attempts to predict Qualitech 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 Qualitech Public's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Qualitech Public Stock Forecast Pattern
| Backtest Qualitech Public | Qualitech Public Price Prediction | Buy or Sell Advice |
Qualitech Public Forecasted Value
In the context of forecasting Qualitech 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. Qualitech Public's downside and upside margins for the forecasting period are 0.02 and 5.22, respectively. We have considered Qualitech 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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Qualitech Public stock data series using in forecasting. Note that when a statistical model is used to represent Qualitech 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 | 114.6418 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0531 |
| MAPE | Mean absolute percentage error | 0.0311 |
| SAE | Sum of the absolute errors | 3.2941 |
Predictive Modules for Qualitech 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 Qualitech 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.Qualitech Public After-Hype Price Prediction Density Analysis
As far as predicting the price of Qualitech 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 Qualitech 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 Qualitech Public, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Qualitech Public Estimiated After-Hype Price Volatility
In the context of predicting Qualitech Public's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Qualitech Public's historical news coverage. Qualitech Public's after-hype downside and upside margins for the prediction period are 0.08 and 5.23, respectively. We have considered Qualitech 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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Qualitech Public is dangerous at this time. Analysis and calculation of next after-hype price of Qualitech Public is based on 3 months time horizon.
Qualitech Public Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Qualitech Public is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Qualitech 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 Qualitech 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 |
0.15 | 3.70 | 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 | ||
1.55 | 1.55 | 0.00 |
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Qualitech Public Hype Timeline
Qualitech Public is at this time traded for 1.55on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Qualitech is anticipated 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 anticipated to be very small, whereas the daily expected return is at this time at -0.15%. %. The volatility of related hype on Qualitech Public is about 0.0%, with the expected price after the next announcement by competition of 1.55. About 66.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.48. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Qualitech Public last dividend was issued on the 28th of February 2022. The entity had 21:20 split on the 2nd of March 2012. Assuming the 90 days trading horizon the next anticipated press release will be within a week. Check out Historical Fundamental Analysis of Qualitech Public to cross-verify your projections.Qualitech Public Related Hype Analysis
Having access to credible news sources related to Qualitech Public's direct competition is more important than ever and may enhance your ability to predict Qualitech Public's future price movements. Getting to know how Qualitech 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 Qualitech Public may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ARIP | ARIP Public | 0.00 | 0 per month | 2.53 | (0.02) | 4.65 | (5.00) | 14.44 | |
| PPS | Project Planning Service | 0.00 | 0 per month | 0.00 | (0.1) | 5.88 | (5.56) | 19.52 | |
| TNDT | Thai Nondestructive Testing | 0.00 | 0 per month | 4.50 | 0.07 | 10.00 | (9.09) | 34.72 | |
| TIGER | Thai Enger Holding | 0.00 | 0 per month | 0.00 | (0.03) | 7.69 | (11.76) | 45.83 | |
| NCL | NCL International Logistics | 0.00 | 0 per month | 0.00 | (0.15) | 7.69 | (7.14) | 17.42 | |
| CRD | Chiangmai Rimdoi Public | 0.00 | 0 per month | 0.00 | (0.15) | 2.94 | (5.71) | 14.97 | |
| KCM | KC Metalsheet Public | 0.00 | 0 per month | 0.00 | (0.04) | 6.67 | (9.52) | 23.61 | |
| RP | Raja Ferry Port | 0.00 | 0 per month | 0.00 | (0.20) | 3.51 | (4.92) | 11.48 | |
| TPOLY | Thai Polycons Public | 0.00 | 0 per month | 0.00 | (0.13) | 7.41 | (7.89) | 44.72 | |
| FVC | Filter Vision Public | 0.00 | 0 per month | 1.92 | 0.05 | 4.88 | (4.65) | 11.49 |
Other Forecasting Options for Qualitech Public
For every potential investor in Qualitech, whether a beginner or expert, Qualitech Public's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Qualitech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Qualitech. Basic forecasting techniques help filter out the noise by identifying Qualitech Public's price trends.Qualitech 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 Qualitech Public stock to make a market-neutral strategy. Peer analysis of Qualitech Public could also be used in its relative valuation, which is a method of valuing Qualitech Public by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Qualitech Public Market Strength Events
Market strength indicators help investors to evaluate how Qualitech 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 Qualitech Public shares will generate the highest return on investment. By undertsting and applying Qualitech Public stock market strength indicators, traders can identify Qualitech Public entry and exit signals to maximize returns.
| Accumulation Distribution | 754.14 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1.53 | |||
| Day Typical Price | 1.54 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | (0.01) |
Qualitech Public Risk Indicators
The analysis of Qualitech 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 Qualitech Public's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qualitech 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 | 2.32 | |||
| Standard Deviation | 3.47 | |||
| Variance | 12.06 |
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 Qualitech Public
The number of cover stories for Qualitech Public depends on current market conditions and Qualitech 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 Qualitech 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 Qualitech 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 Qualitech Stock
Qualitech Public financial ratios help investors to determine whether Qualitech 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 Qualitech with respect to the benefits of owning Qualitech Public security.