Thu Duc Stock Forecast - Simple Regression

TMC Stock   8,600  0.00  0.00%   
The Simple Regression forecasted value of Thu Duc TradingImport on the next trading day is expected to be 7,908 with a mean absolute deviation of 300.09 and the sum of the absolute errors of 18,305. Investors can use prediction functions to forecast Thu Duc's stock prices and determine the direction of Thu Duc TradingImport's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Thu Duc's historical fundamentals, such as revenue growth or operating cash flow patterns. 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 board of governors.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Thu Duc price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Thu Duc Simple Regression Price Forecast For the 16th of January 2025

Given 90 days horizon, the Simple Regression forecasted value of Thu Duc TradingImport on the next trading day is expected to be 7,908 with a mean absolute deviation of 300.09, mean absolute percentage error of 148,514, and the sum of the absolute errors of 18,305.
Please note that although there have been many attempts to predict Thu 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 Thu Duc's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Thu Duc Stock Forecast Pattern

Thu Duc Forecasted Value

In the context of forecasting Thu Duc'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. Thu Duc's downside and upside margins for the forecasting period are 7,906 and 7,910, respectively. We have considered Thu Duc'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
8,600
7,908
Expected Value
7,910
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Thu Duc stock data series using in forecasting. Note that when a statistical model is used to represent Thu Duc 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 Criteria130.0189
BiasArithmetic mean of the errors None
MADMean absolute deviation300.086
MAPEMean absolute percentage error0.0357
SAESum of the absolute errors18305.2459
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Thu Duc TradingImport historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Thu Duc

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thu Duc TradingImport. 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.

Other Forecasting Options for Thu Duc

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

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

Thu Duc TradingImport 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 Thu Duc'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 Thu Duc's current price.

Thu Duc Market Strength Events

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

Thu Duc Risk Indicators

The analysis of Thu Duc'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 Thu Duc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thu 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.

Pair Trading with Thu Duc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thu Duc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thu Duc will appreciate offsetting losses from the drop in the long position's value.

Moving against Thu Stock

  0.91VCA Vnsteel Vicasa JSCPairCorr
  0.78NTP Tien Phong PlasticPairCorr
  0.7FPT FPT CorpPairCorr
  0.54APH An Phat HoldingsPairCorr
The ability to find closely correlated positions to Thu Duc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thu Duc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thu Duc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thu Duc TradingImport to buy it.
The correlation of Thu Duc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thu Duc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thu Duc TradingImport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thu Duc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching