Indosterling Technomedia Stock Forecast - Naive Prediction

TECH Stock   50.00  0.00  0.00%   
The Naive Prediction forecasted value of Indosterling Technomedia Tbk on the next trading day is expected to be 50.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Indosterling Stock Forecast is based on your current time horizon.
  
A naive forecasting model for Indosterling Technomedia is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Indosterling Technomedia Tbk value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Indosterling Technomedia Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of Indosterling Technomedia Tbk on the next trading day is expected to be 50.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Indosterling Stock 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 Indosterling Technomedia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Indosterling Technomedia Stock Forecast Pattern

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Indosterling Technomedia Forecasted Value

In the context of forecasting Indosterling Technomedia'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. Indosterling Technomedia's downside and upside margins for the forecasting period are 50.00 and 50.00, respectively. We have considered Indosterling Technomedia'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
50.00
50.00
Expected Value
50.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Indosterling Technomedia stock data series using in forecasting. Note that when a statistical model is used to represent Indosterling Technomedia 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Indosterling Technomedia Tbk. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Indosterling Technomedia. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Indosterling Technomedia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indosterling Technomedia. 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
50.0050.0050.00
Details
Intrinsic
Valuation
LowRealHigh
50.0050.0050.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
50.0050.0050.00
Details

Other Forecasting Options for Indosterling Technomedia

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

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

Indosterling Technomedia Technical and Predictive Analytics

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

Indosterling Technomedia Market Strength Events

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

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Other Information on Investing in Indosterling Stock

Indosterling Technomedia financial ratios help investors to determine whether Indosterling 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 Indosterling with respect to the benefits of owning Indosterling Technomedia security.