S Prime Stock Forward View - Double Exponential Smoothing
| SPRIME Stock | THB 3.56 0.02 0.56% |
SPRIME Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast S Prime stock prices and determine the direction of S Prime Growth's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of S Prime's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of now the value of rsi of S Prime's share price is below 20 . This usually implies 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 S Prime hype-based prediction, you can estimate the value of S Prime Growth from the perspective of S Prime response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of S Prime Growth on the next trading day is expected to be 3.56 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.85. S Prime after-hype prediction price | THB 3.56 |
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.
SPRIME |
S Prime Additional Predictive Modules
Most predictive techniques to examine SPRIME price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SPRIME using various technical indicators. When you analyze SPRIME 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 |
S Prime Double Exponential Smoothing Price Forecast For the 6th of February
Given 90 days horizon, the Double Exponential Smoothing forecasted value of S Prime Growth on the next trading day is expected to be 3.56 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 0.85.Please note that although there have been many attempts to predict SPRIME 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 S Prime's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
S Prime Stock Forecast Pattern
| Backtest S Prime | S Prime Price Prediction | Research Analysis |
S Prime Forecasted Value
In the context of forecasting S Prime'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. S Prime's downside and upside margins for the forecasting period are 2.87 and 4.25, respectively. We have considered S Prime'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of S Prime stock data series using in forecasting. Note that when a statistical model is used to represent S Prime 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0028 |
| MAD | Mean absolute deviation | 0.0141 |
| MAPE | Mean absolute percentage error | 0.0041 |
| SAE | Sum of the absolute errors | 0.8462 |
Predictive Modules for S Prime
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as S Prime Growth. 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.S Prime After-Hype Price Density Analysis
As far as predicting the price of S Prime 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 S Prime 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 S Prime, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
S Prime Estimiated After-Hype Price Volatility
In the context of predicting S Prime's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on S Prime's historical news coverage. S Prime's after-hype downside and upside margins for the prediction period are 2.87 and 4.25, respectively. We have considered S Prime'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
S Prime is not too volatile at this time. Analysis and calculation of next after-hype price of S Prime Growth is based on 3 months time horizon.
S Prime Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as S Prime is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading S Prime 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 S Prime, 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 |
0.09 | 0.69 | 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 | |
3.56 | 3.56 | 0.00 |
|
S Prime Hype Timeline
S Prime Growth is at this time traded for 3.56on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. SPRIME is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.09%. %. The volatility of related hype on S Prime is about 0.0%, with the expected price after the next announcement by competition of 3.56. About 33.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.67. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. S Prime Growth last dividend was issued on the 18th of November 2022. Assuming the 90 days trading horizon the next projected press release will be within a week. Check out Historical Fundamental Analysis of S Prime to cross-verify your projections.S Prime Related Hype Analysis
Having access to credible news sources related to S Prime's direct competition is more important than ever and may enhance your ability to predict S Prime's future price movements. Getting to know how S Prime'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 S Prime may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| KTBSTMR | KTBST Mixed Leasehold | 0.00 | 0 per month | 0.41 | 0.06 | 0.98 | (0.97) | 4.57 | |
| HYDROGEN | Hydrogen Freehold Leasehold | 0.00 | 0 per month | 0.00 | (0.04) | 5.15 | (3.68) | 15.08 | |
| PRI | Primo Service Solutions | 0.00 | 0 per month | 0.00 | (0.18) | 1.90 | (1.86) | 6.33 | |
| SRIPANWA | Sri panwa Hospitality | 0.00 | 0 per month | 0.61 | 0 | 1.67 | (1.24) | 4.12 | |
| WHABT | WHA Business Complex | 0.00 | 0 per month | 0.00 | (0.09) | 0.86 | (0.86) | 3.45 | |
| NVD | Nirvana Daii Public | 0.00 | 0 per month | 0.00 | (0.08) | 3.90 | (5.88) | 17.39 | |
| VRANDA | Veranda Resort Public | 0.00 | 0 per month | 0.00 | (0.17) | 0.91 | (1.36) | 3.17 | |
| KWC | Krungdhep Sophon Public | 0.00 | 0 per month | 1.28 | (0.02) | 2.56 | (3.21) | 12.17 |
Other Forecasting Options for S Prime
For every potential investor in SPRIME, whether a beginner or expert, S Prime's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SPRIME Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SPRIME. Basic forecasting techniques help filter out the noise by identifying S Prime's price trends.S Prime 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 S Prime stock to make a market-neutral strategy. Peer analysis of S Prime could also be used in its relative valuation, which is a method of valuing S Prime by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
S Prime Market Strength Events
Market strength indicators help investors to evaluate how S Prime stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading S Prime shares will generate the highest return on investment. By undertsting and applying S Prime stock market strength indicators, traders can identify S Prime Growth entry and exit signals to maximize returns.
| Accumulation Distribution | 87.65 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 3.55 | |||
| Day Typical Price | 3.55 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.02 |
S Prime Risk Indicators
The analysis of S Prime'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 S Prime's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sprime 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 | 0.4755 | |||
| Semi Deviation | 0.342 | |||
| Standard Deviation | 0.6867 | |||
| Variance | 0.4716 | |||
| Downside Variance | 0.6267 | |||
| Semi Variance | 0.1169 | |||
| Expected Short fall | (0.87) |
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 S Prime
The number of cover stories for S Prime depends on current market conditions and S Prime's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that S Prime 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 S Prime's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Other Information on Investing in SPRIME Stock
S Prime financial ratios help investors to determine whether SPRIME 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 SPRIME with respect to the benefits of owning S Prime security.