Union Pioneer Stock Forecast - 20 Period Moving Average

UPF Stock  THB 35.00  2.50  7.69%   
The 20 Period Moving Average forecasted value of Union Pioneer Public on the next trading day is expected to be 33.99 with a mean absolute deviation of 0.59 and the sum of the absolute errors of 24.25. Union Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Union Pioneer Public is based on a synthetically constructed Union Pioneerdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Union Pioneer 20 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of Union Pioneer Public on the next trading day is expected to be 33.99 with a mean absolute deviation of 0.59, mean absolute percentage error of 0.59, and the sum of the absolute errors of 24.25.
Please note that although there have been many attempts to predict Union 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 Union Pioneer's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Union Pioneer Stock Forecast Pattern

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Union Pioneer Forecasted Value

In the context of forecasting Union Pioneer'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. Union Pioneer's downside and upside margins for the forecasting period are 0.35 and 160.81, respectively. We have considered Union Pioneer'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
35.00
33.99
Expected Value
160.81
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Union Pioneer stock data series using in forecasting. Note that when a statistical model is used to represent Union Pioneer 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 Criteria80.83
BiasArithmetic mean of the errors 0.147
MADMean absolute deviation0.5915
MAPEMean absolute percentage error0.0173
SAESum of the absolute errors24.25
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Union Pioneer Public 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Union Pioneer

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 Pioneer 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
1.7535.003,535
Details
Intrinsic
Valuation
LowRealHigh
1.1122.153,522
Details
Bollinger
Band Projection (param)
LowMiddleHigh
31.5633.8036.04
Details

Other Forecasting Options for Union Pioneer

For every potential investor in Union, whether a beginner or expert, Union Pioneer'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 Pioneer's price trends.

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

Union Pioneer Public 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 Union Pioneer'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 Union Pioneer's current price.

Union Pioneer Market Strength Events

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

Union Pioneer Risk Indicators

The analysis of Union Pioneer'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 Union Pioneer's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting union 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.

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Other Information on Investing in Union Stock

Union Pioneer financial ratios help investors to determine whether Union 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 Union with respect to the benefits of owning Union Pioneer security.