Siam Makro Pink Sheet Forecast - Naive Prediction

SMKUYDelisted Stock  USD 1.06  0.00  0.00%   
The Naive Prediction forecasted value of Siam Makro PCL on the next trading day is expected to be 1.06 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Siam Pink Sheet Forecast is based on your current time horizon.
  
A naive forecasting model for Siam Makro is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Siam Makro PCL value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Siam Makro Naive Prediction Price Forecast For the 2nd of December

Given 90 days horizon, the Naive Prediction forecasted value of Siam Makro PCL on the next trading day is expected to be 1.06 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Siam Pink Sheet 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 Siam Makro's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Siam Makro Pink Sheet Forecast Pattern

Backtest Siam MakroSiam Makro Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Siam Makro pink sheet data series using in forecasting. Note that when a statistical model is used to represent Siam Makro pink sheet, 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 Criteria49.7931
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Siam Makro PCL. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Siam Makro. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Siam Makro

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Siam Makro PCL. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Siam Makro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1.061.061.06
Details
Intrinsic
Valuation
LowRealHigh
0.900.901.17
Details

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

Siam Makro Market Strength Events

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out World Market Map 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.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Other Consideration for investing in Siam Pink Sheet

If you are still planning to invest in Siam Makro PCL check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Siam Makro's history and understand the potential risks before investing.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Stocks Directory
Find actively traded stocks across global markets
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios