Stock Exchange Index Forecast - Simple Moving Average
| SET Index | 1,438 5.06 0.35% |
Stock Exchange Simple Moving Average Price Forecast For the 28th of November
Given 90 days horizon, the Simple Moving Average forecasted value of Stock Exchange Of on the next trading day is expected to be 1,438 with a mean absolute deviation of 9.33, mean absolute percentage error of 154.29, and the sum of the absolute errors of 559.91.Please note that although there have been many attempts to predict Stock Index 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 Stock Exchange's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Exchange Index Forecast Pattern
Stock Exchange Forecasted Value
In the context of forecasting Stock Exchange's Index 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. Stock Exchange's downside and upside margins for the forecasting period are 1,438 and 1,439, respectively. We have considered Stock Exchange'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 Stock Exchange index data series using in forecasting. Note that when a statistical model is used to represent Stock Exchange index, 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 | 121.3115 |
| Bias | Arithmetic mean of the errors | -2.07 |
| MAD | Mean absolute deviation | 9.3318 |
| MAPE | Mean absolute percentage error | 0.0064 |
| SAE | Sum of the absolute errors | 559.91 |
Predictive Modules for Stock Exchange
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stock Exchange. Regardless of method or technology, however, to accurately forecast the index market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the index 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.Other Forecasting Options for Stock Exchange
For every potential investor in Stock, whether a beginner or expert, Stock Exchange's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Stock Index price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Stock. Basic forecasting techniques help filter out the noise by identifying Stock Exchange's price trends.Stock Exchange 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 Stock Exchange index to make a market-neutral strategy. Peer analysis of Stock Exchange could also be used in its relative valuation, which is a method of valuing Stock Exchange by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Stock Exchange Technical and Predictive Analytics
The index market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Stock Exchange'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 Stock Exchange's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Stock Exchange Market Strength Events
Market strength indicators help investors to evaluate how Stock Exchange index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stock Exchange shares will generate the highest return on investment. By undertsting and applying Stock Exchange index market strength indicators, traders can identify Stock Exchange Of entry and exit signals to maximize returns.
| Accumulation Distribution | 0.009 | |||
| Daily Balance Of Power | (0.39) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1442.07 | |||
| Day Typical Price | 1440.79 | |||
| Market Facilitation Index | 13.05 | |||
| Price Action Indicator | (6.34) | |||
| Period Momentum Indicator | (5.06) |
Stock Exchange Risk Indicators
The analysis of Stock Exchange'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 Stock Exchange's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stock index 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 | 0.5454 | |||
| Semi Deviation | 0.3959 | |||
| Standard Deviation | 0.7373 | |||
| Variance | 0.5436 | |||
| Downside Variance | 0.3342 | |||
| Semi Variance | 0.1567 | |||
| Expected Short fall | (0.65) |
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.