STC Concrete Stock Forward View - Simple Exponential Smoothing
| STC Stock | THB 0.33 0.01 3.13% |
STC Stock outlook is based on your current time horizon.
The value of RSI of STC Concrete's share price is below 30 as of now. This usually implies that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling STC Concrete Product, making its price go up or down. Momentum 29
Sell Stretched
Oversold | Overbought |
Using STC Concrete hype-based prediction, you can estimate the value of STC Concrete Product from the perspective of STC Concrete response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of STC Concrete Product on the next trading day is expected to be 0.33 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.42. STC Concrete after-hype prediction price | THB 0.33 |
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.
STC |
STC Concrete Additional Predictive Modules
Most predictive techniques to examine STC price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for STC using various technical indicators. When you analyze STC 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 |
STC Concrete Simple Exponential Smoothing Price Forecast For the 1st of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of STC Concrete Product on the next trading day is expected to be 0.33 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.42.Please note that although there have been many attempts to predict STC 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 STC Concrete's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
STC Concrete Stock Forecast Pattern
| Backtest STC Concrete | STC Concrete Price Prediction | Research Analysis |
STC Concrete Forecasted Value
In the context of forecasting STC Concrete'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. STC Concrete's downside and upside margins for the forecasting period are 0 and 3.89, respectively. We have considered STC Concrete'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of STC Concrete stock data series using in forecasting. Note that when a statistical model is used to represent STC Concrete 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 | 108.9501 |
| Bias | Arithmetic mean of the errors | -0.0013 |
| MAD | Mean absolute deviation | 0.007 |
| MAPE | Mean absolute percentage error | 0.0231 |
| SAE | Sum of the absolute errors | 0.4243 |
Predictive Modules for STC Concrete
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as STC Concrete Product. 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.STC Concrete After-Hype Price Density Analysis
As far as predicting the price of STC Concrete 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 STC Concrete 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 STC Concrete, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
STC Concrete Estimiated After-Hype Price Volatility
In the context of predicting STC Concrete's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on STC Concrete's historical news coverage. STC Concrete's after-hype downside and upside margins for the prediction period are 0.02 and 3.90, respectively. We have considered STC Concrete'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
STC Concrete is out of control at this time. Analysis and calculation of next after-hype price of STC Concrete Product is based on 3 months time horizon.
STC Concrete Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as STC Concrete is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading STC Concrete 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 STC Concrete, 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 |
0.22 | 3.57 | 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 | |
0.33 | 0.33 | 0.00 |
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STC Concrete Hype Timeline
STC Concrete Product is at this time traded for 0.33on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. STC 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 0.22%. %. The volatility of related hype on STC Concrete is about 0.0%, with the expected price after the next announcement by competition of 0.33. About 80.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.17. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. STC Concrete Product recorded a loss per share of 0.0. The entity last dividend was issued on the 11th of March 2021. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of STC Concrete to cross-verify your projections.STC Concrete Related Hype Analysis
Having access to credible news sources related to STC Concrete's direct competition is more important than ever and may enhance your ability to predict STC Concrete's future price movements. Getting to know how STC Concrete'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 STC Concrete may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GEL | General Engineering Public | 0.00 | 0 per month | 11.56 | 0.06 | 50.00 | (33.33) | 125.00 | |
| SK | Sirakorn PCL | 0.00 | 0 per month | 1.17 | (0.03) | 3.57 | (1.79) | 7.27 | |
| RWI | Rayong Wire Industries | 0.00 | 0 per month | 3.77 | (0.01) | 5.26 | (8.70) | 24.52 | |
| DIMET | Dimet Public | 0.00 | 0 per month | 8.42 | 0.03 | 20.00 | (16.67) | 45.00 | |
| TGPRO | Thai German Products Public | 0.00 | 0 per month | 7.76 | 0.01 | 25.00 | (20.00) | 45.00 | |
| TWP | Thai Wire Products | 0.00 | 0 per month | 1.65 | (0.03) | 2.68 | (3.39) | 9.46 | |
| SAM | Samchai Steel Industries | 0.00 | 0 per month | 3.58 | 0.02 | 6.67 | (6.25) | 12.92 | |
| DPAINT | Delta Paint PCL | 0.00 | 0 per month | 3.05 | 0.08 | 7.46 | (5.26) | 33.53 | |
| CSP | CSP Steel Center | 0.00 | 0 per month | 0.00 | (0.08) | 7.14 | (6.67) | 18.61 | |
| PERM | Permsin Steel Works | 0.00 | 0 per month | 0.00 | (0.15) | 7.41 | (7.41) | 23.48 |
Other Forecasting Options for STC Concrete
For every potential investor in STC, whether a beginner or expert, STC Concrete's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. STC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in STC. Basic forecasting techniques help filter out the noise by identifying STC Concrete's price trends.STC Concrete 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 STC Concrete stock to make a market-neutral strategy. Peer analysis of STC Concrete could also be used in its relative valuation, which is a method of valuing STC Concrete by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
STC Concrete Market Strength Events
Market strength indicators help investors to evaluate how STC Concrete stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STC Concrete shares will generate the highest return on investment. By undertsting and applying STC Concrete stock market strength indicators, traders can identify STC Concrete Product entry and exit signals to maximize returns.
STC Concrete Risk Indicators
The analysis of STC Concrete'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 STC Concrete's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stc 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 | 2.16 | |||
| Semi Deviation | 2.9 | |||
| Standard Deviation | 3.5 | |||
| Variance | 12.23 | |||
| Downside Variance | 33.83 | |||
| Semi Variance | 8.43 | |||
| Expected Short fall | (4.17) |
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 STC Concrete
The number of cover stories for STC Concrete depends on current market conditions and STC Concrete's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that STC Concrete 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 STC Concrete's 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 STC Stock
STC Concrete financial ratios help investors to determine whether STC 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 STC with respect to the benefits of owning STC Concrete security.