Siam Wellness Stock Forward View - Simple Exponential Smoothing
| SPA Stock | THB 3.84 0.08 2.04% |
Siam Stock outlook is based on your current time horizon.
The value of RSI of Siam Wellness' stock price is about 63. This usually implies that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Siam, making its price go up or down. Momentum 63
Buy Extended
Oversold | Overbought |
Using Siam Wellness hype-based prediction, you can estimate the value of Siam Wellness Group from the perspective of Siam Wellness response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Siam Wellness Group on the next trading day is expected to be 3.84 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.12. Siam Wellness after-hype prediction price | THB 3.84 |
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.
Siam |
Siam Wellness Additional Predictive Modules
Most predictive techniques to examine Siam price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Siam using various technical indicators. When you analyze Siam 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 |
Siam Wellness Simple Exponential Smoothing Price Forecast For the 23rd of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Siam Wellness Group on the next trading day is expected to be 3.84 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.12.Please note that although there have been many attempts to predict Siam Stock prices using its time series forecasting, we generally do not suggest 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 Wellness' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Siam Wellness Stock Forecast Pattern
| Backtest Siam Wellness | Siam Wellness Price Prediction | Research Analysis |
Siam Wellness Forecasted Value
In the context of forecasting Siam Wellness' 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. Siam Wellness' downside and upside margins for the forecasting period are 1.40 and 6.28, respectively. We have considered Siam Wellness' 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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Siam Wellness stock data series using in forecasting. Note that when a statistical model is used to represent Siam Wellness 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 | 111.2438 |
| Bias | Arithmetic mean of the errors | -0.0153 |
| MAD | Mean absolute deviation | 0.052 |
| MAPE | Mean absolute percentage error | 0.016 |
| SAE | Sum of the absolute errors | 3.12 |
Predictive Modules for Siam Wellness
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 Wellness Group. 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.Siam Wellness After-Hype Price Density Analysis
As far as predicting the price of Siam Wellness 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 Siam Wellness 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 Siam Wellness, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Siam Wellness Estimiated After-Hype Price Volatility
In the context of predicting Siam Wellness' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Siam Wellness' historical news coverage. Siam Wellness' after-hype downside and upside margins for the prediction period are 1.40 and 6.28, respectively. We have considered Siam Wellness' 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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Siam Wellness is slightly risky at this time. Analysis and calculation of next after-hype price of Siam Wellness Group is based on 3 months time horizon.
Siam Wellness Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Siam Wellness is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Siam Wellness 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 Siam Wellness, 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 |
0.48 | 2.44 | 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 | |
3.84 | 3.84 | 0.00 |
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Siam Wellness Hype Timeline
Siam Wellness Group is at this time traded for 3.84on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Siam is forecasted 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 forecasted to be very small, whereas the daily expected return is at this time at 0.48%. %. The volatility of related hype on Siam Wellness is about 0.0%, with the expected price after the next announcement by competition of 3.84. About 55.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.31. Siam Wellness Group last dividend was issued on the 12th of May 2020. The entity had 2:3 split on the 25th of April 2024. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Siam Wellness to cross-verify your projections.Siam Wellness Related Hype Analysis
Having access to credible news sources related to Siam Wellness' direct competition is more important than ever and may enhance your ability to predict Siam Wellness' future price movements. Getting to know how Siam Wellness' 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 Siam Wellness may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SHR | S Hotels and | 0.00 | 0 per month | 1.16 | 0.14 | 3.70 | (2.29) | 7.76 | |
| KYE | Kang Yong Electric | 0.00 | 0 per month | 0.53 | (0.02) | 1.09 | (1.02) | 3.09 | |
| SPA | Siam Wellness Group | 0.00 | 0 per month | 0.95 | 0.19 | 7.07 | (2.14) | 13.19 | |
| SAT | Somboon Advance Technology | 0.00 | 0 per month | 0.64 | 0.18 | 2.01 | (0.72) | 7.78 | |
| SABINA | Sabina Public | 0.00 | 0 per month | 0.73 | 0.11 | 1.90 | (1.31) | 4.89 | |
| SNP | SP Syndicate Public | 0.00 | 0 per month | 0.00 | (0.13) | 1.05 | (2.06) | 6.37 | |
| SHANG | Shangri La Hotel Public | 0.00 | 0 per month | 4.45 | 0.05 | 10.20 | (9.05) | 31.75 |
Other Forecasting Options for Siam Wellness
For every potential investor in Siam, whether a beginner or expert, Siam Wellness' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Siam Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Siam. Basic forecasting techniques help filter out the noise by identifying Siam Wellness' price trends.Siam Wellness 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 Wellness stock to make a market-neutral strategy. Peer analysis of Siam Wellness could also be used in its relative valuation, which is a method of valuing Siam Wellness by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Siam Wellness Market Strength Events
Market strength indicators help investors to evaluate how Siam Wellness stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Siam Wellness shares will generate the highest return on investment. By undertsting and applying Siam Wellness stock market strength indicators, traders can identify Siam Wellness Group entry and exit signals to maximize returns.
Siam Wellness Risk Indicators
The analysis of Siam Wellness' 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 Siam Wellness' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting siam 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 | 1.85 | |||
| Semi Deviation | 0.9485 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.08 | |||
| Downside Variance | 2.27 | |||
| Semi Variance | 0.8996 | |||
| Expected Short fall | (3.13) |
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 Siam Wellness
The number of cover stories for Siam Wellness depends on current market conditions and Siam Wellness' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Siam Wellness 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 Siam Wellness' 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 Siam Stock
Siam Wellness financial ratios help investors to determine whether Siam 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 Siam with respect to the benefits of owning Siam Wellness security.