Thanachart Capital Pink Sheet Forecast - Naive Prediction

THNUYDelisted Stock  USD 9.85  0.00  0.00%   
The Naive Prediction forecasted value of Thanachart Capital PCL on the next trading day is expected to be 9.85 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Thanachart Pink Sheet Forecast is based on your current time horizon.
  
A naive forecasting model for Thanachart Capital is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Thanachart Capital PCL 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.

Thanachart Capital Naive Prediction Price Forecast For the 26th of December

Given 90 days horizon, the Naive Prediction forecasted value of Thanachart Capital PCL on the next trading day is expected to be 9.85 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 Thanachart 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 Thanachart Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Thanachart Capital Pink Sheet Forecast Pattern

Backtest Thanachart CapitalThanachart Capital Price PredictionBuy or Sell Advice 

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 Thanachart Capital pink sheet data series using in forecasting. Note that when a statistical model is used to represent Thanachart Capital 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 Criteria55.0005
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 Thanachart Capital PCL. 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 Thanachart Capital. 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 Thanachart Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thanachart Capital 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thanachart Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.859.859.85
Details
Intrinsic
Valuation
LowRealHigh
8.378.3710.84
Details

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

Thanachart Capital Market Strength Events

Market strength indicators help investors to evaluate how Thanachart Capital 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 Thanachart Capital shares will generate the highest return on investment. By undertsting and applying Thanachart Capital pink sheet market strength indicators, traders can identify Thanachart Capital 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.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Other Consideration for investing in Thanachart Pink Sheet

If you are still planning to invest in Thanachart Capital PCL check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Thanachart Capital's history and understand the potential risks before investing.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
AI Portfolio Prophet
Use AI to generate optimal portfolios and find profitable investment opportunities
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum