QTC Energy Stock Forecast - 8 Period Moving Average

QTC Stock  THB 3.80  0.02  0.53%   
The 8 Period Moving Average forecasted value of QTC Energy Public on the next trading day is expected to be 3.79 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 5.34. QTC Stock Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for QTC Energy is based on an artificially constructed time series of QTC Energy daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

QTC Energy 8 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of QTC Energy Public on the next trading day is expected to be 3.79 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.03, and the sum of the absolute errors of 5.34.
Please note that although there have been many attempts to predict QTC 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 QTC Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

QTC Energy Stock Forecast Pattern

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QTC Energy Forecasted Value

In the context of forecasting QTC Energy'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. QTC Energy's downside and upside margins for the forecasting period are 0.04 and 130.61, respectively. We have considered QTC Energy'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
3.80
3.79
Expected Value
130.61
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of QTC Energy stock data series using in forecasting. Note that when a statistical model is used to represent QTC Energy 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 Criteria101.7416
BiasArithmetic mean of the errors -0.0345
MADMean absolute deviation0.0989
MAPEMean absolute percentage error0.025
SAESum of the absolute errors5.34
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. QTC Energy Public 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for QTC Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as QTC Energy 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.
Hype
Prediction
LowEstimatedHigh
0.193.80383.80
Details
Intrinsic
Valuation
LowRealHigh
0.152.94382.95
Details

Other Forecasting Options for QTC Energy

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

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

QTC Energy Public 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 QTC Energy'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 QTC Energy's current price.

QTC Energy Market Strength Events

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

QTC Energy Risk Indicators

The analysis of QTC Energy'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 QTC Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qtc 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 QTC Stock

QTC Energy financial ratios help investors to determine whether QTC 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 QTC with respect to the benefits of owning QTC Energy security.