Team Precision Stock Forward View - Simple Exponential Smoothing

TEAM Stock  THB 2.52  0.06  2.33%   
Team Stock outlook is based on your current time horizon.
As of now, the value of RSI of Team Precision's share price is approaching 45. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Team Precision, making its price go up or down.

Momentum 45

 Impartial

 
Oversold
 
Overbought
The successful prediction of Team Precision's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Team Precision Public, which may create opportunities for some arbitrage if properly timed.
Using Team Precision hype-based prediction, you can estimate the value of Team Precision Public from the perspective of Team Precision response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Team Precision Public on the next trading day is expected to be 2.52 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.43.

Team Precision after-hype prediction price

    
  THB 2.52  
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.
  
Check out Historical Fundamental Analysis of Team Precision to cross-verify your projections.

Team Precision Additional Predictive Modules

Most predictive techniques to examine Team price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Team using various technical indicators. When you analyze Team 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.
Team Precision simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Team Precision Public are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Team Precision Public prices get older.

Team Precision Simple Exponential Smoothing Price Forecast For the 23rd of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Team Precision Public on the next trading day is expected to be 2.52 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.43.
Please note that although there have been many attempts to predict Team 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 Team Precision's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Team Precision Stock Forecast Pattern

Backtest Team Precision  Team Precision Price Prediction  Research Analysis  

Team Precision Forecasted Value

In the context of forecasting Team Precision'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. Team Precision's downside and upside margins for the forecasting period are 1.03 and 4.02, respectively. We have considered Team Precision'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
2.52
2.52
Expected Value
4.02
Upside

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 Team Precision stock data series using in forecasting. Note that when a statistical model is used to represent Team Precision 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.
AICAkaike Information Criteria109.4855
BiasArithmetic mean of the errors -0.0064
MADMean absolute deviation0.0238
MAPEMean absolute percentage error0.0101
SAESum of the absolute errors1.4308
This simple exponential smoothing model begins by setting Team Precision Public forecast for the second period equal to the observation of the first period. In other words, recent Team Precision observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Team Precision

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Team Precision Public. 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.
Hype
Prediction
LowEstimatedHigh
1.032.524.01
Details
Intrinsic
Valuation
LowRealHigh
1.092.584.07
Details

Team Precision After-Hype Price Density Analysis

As far as predicting the price of Team Precision 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 Team Precision 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 Team Precision, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Team Precision Estimiated After-Hype Price Volatility

In the context of predicting Team Precision's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Team Precision's historical news coverage. Team Precision's after-hype downside and upside margins for the prediction period are 1.03 and 4.01, respectively. We have considered Team Precision'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
2.52
2.52
After-hype Price
4.01
Upside
Team Precision is slightly risky at this time. Analysis and calculation of next after-hype price of Team Precision Public is based on 3 months time horizon.

Team Precision Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Team Precision is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Team Precision 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 Team Precision, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.19 
1.49
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.52
2.52
0.00 
0.00  
Notes

Team Precision Hype Timeline

Team Precision Public is at this time traded for 2.52on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Team 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 0.19%. %. The volatility of related hype on Team Precision is about 0.0%, with the expected price after the next announcement by competition of 2.52. About 78.0% of the company outstanding shares are owned by corporate insiders. The book value of Team Precision was at this time reported as 1.64. The company last dividend was issued on the 23rd of August 2022. Team Precision Public had 9:8 split on the 5th of March 2012. Assuming the 90 days trading horizon the next forecasted press release will be within a week.
Check out Historical Fundamental Analysis of Team Precision to cross-verify your projections.

Team Precision Related Hype Analysis

Having access to credible news sources related to Team Precision's direct competition is more important than ever and may enhance your ability to predict Team Precision's future price movements. Getting to know how Team Precision'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 Team Precision may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Team Precision

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

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

Team Precision Market Strength Events

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

Team Precision Risk Indicators

The analysis of Team Precision'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 Team Precision's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting team 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.
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 Team Precision

The number of cover stories for Team Precision depends on current market conditions and Team Precision's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Team Precision 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 Team Precision'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

Other Information on Investing in Team Stock

Team Precision financial ratios help investors to determine whether Team 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 Team with respect to the benefits of owning Team Precision security.