Union Plastic Stock Forward View - Simple Regression

Union Plastic Additional Predictive Modules

Most predictive techniques to examine Union price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Union using various technical indicators. When you analyze Union 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. Simple Regression model is a single variable regression model that attempts to put a straight line through Union Plastic 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.

Union Plastic Simple Regression Price Forecast For the 22nd of February

Given 90 days horizon, the Simple Regression forecasted value of Union Plastic Public on the next trading day is expected to be 21.41 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.08, and the sum of the absolute errors of 11.48.

Union Plastic Stock Forecast Pattern

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Union Plastic Forecasted Value

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 Union Plastic stock data series using in forecasting. Note that when a statistical model is used to represent Union Plastic 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. 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 Union Plastic Public 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 Union Plastic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Union Plastic 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 Low Estimated High 21.27 22.30 23.33 Details

Intrinsic Valuation Low Real High 20.85 21.88 22.91 Details

Bollinger Band Projection (param) Low Middle High 12.63 21.41 30.19 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Union Plastic. Your research has to be compared to or analyzed against Union Plastic's peers to derive any actionable benefits. When done correctly, Union Plastic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Union Plastic Public.

Union Plastic After-Hype Price Density Analysis

Union Plastic Estimiated After-Hype Price Volatility

Union Plastic Stock Price Outlook Analysis

Notes

Union Plastic Hype Timeline

Union Plastic Public is at this time traded for 22.30on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Union 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 0.11%. %. The volatility of related hype on Union Plastic is about 0.0%, with the expected price after the next announcement by competition of 22.30. About 73.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.01. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Union Plastic Public last dividend was issued on the 2nd of April 2018. The entity had 54:47 split on the 20th of June 1995. Assuming the 90 days horizon the next forecasted press release will be any time. Check out Historical Fundamental Analysis of Union Plastic to cross-verify your projections.

Union Plastic Related Hype Analysis

Other Forecasting Options for Union Plastic

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

Union Plastic Related Equities

Risk & Return

Correlation

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