Thai Beverage Pink Sheet Forecast - Polynomial Regression

TBVPY Stock  USD 33.67  0.00  0.00%   
The Polynomial Regression forecasted value of Thai Beverage PCL on the next trading day is expected to be 33.67 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Thai Pink Sheet Forecast is based on your current time horizon.
  
Thai Beverage polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Thai Beverage PCL as well as the accuracy indicators are determined from the period prices.

Thai Beverage Polynomial Regression Price Forecast For the 25th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Thai Beverage PCL on the next trading day is expected to be 33.67 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 Thai 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 Thai Beverage's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Thai Beverage Pink Sheet Forecast Pattern

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Thai Beverage Forecasted Value

In the context of forecasting Thai Beverage's Pink Sheet 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. Thai Beverage's downside and upside margins for the forecasting period are 33.67 and 33.67, respectively. We have considered Thai Beverage'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.
Market Value
33.67
33.67
Expected Value
33.67
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Thai Beverage pink sheet data series using in forecasting. Note that when a statistical model is used to represent Thai Beverage 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 Criteria59.2711
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
A single variable polynomial regression model attempts to put a curve through the Thai Beverage historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Thai Beverage

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Beverage 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.
Hype
Prediction
LowEstimatedHigh
33.6733.6733.67
Details
Intrinsic
Valuation
LowRealHigh
33.6733.6733.67
Details
Bollinger
Band Projection (param)
LowMiddleHigh
33.6733.6733.67
Details

Other Forecasting Options for Thai Beverage

For every potential investor in Thai, whether a beginner or expert, Thai Beverage's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Thai Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Thai. Basic forecasting techniques help filter out the noise by identifying Thai Beverage's price trends.

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

Thai Beverage PCL Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Thai Beverage'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 Thai Beverage's current price.

Thai Beverage Market Strength Events

Market strength indicators help investors to evaluate how Thai Beverage 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 Thai Beverage shares will generate the highest return on investment. By undertsting and applying Thai Beverage pink sheet market strength indicators, traders can identify Thai Beverage 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.

Additional Tools for Thai Pink Sheet Analysis

When running Thai Beverage's price analysis, check to measure Thai Beverage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thai Beverage is operating at the current time. Most of Thai Beverage's value examination focuses on studying past and present price action to predict the probability of Thai Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Beverage's price. Additionally, you may evaluate how the addition of Thai Beverage to your portfolios can decrease your overall portfolio volatility.