Voksel Electric Stock Forecast - 8 Period Moving Average

VOKS Stock  IDR 326.00  64.00  24.43%   
The 8 Period Moving Average forecasted value of Voksel Electric Tbk on the next trading day is expected to be 237.00 with a mean absolute deviation of 15.81 and the sum of the absolute errors of 853.62. Voksel Stock Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Voksel Electric is based on an artificially constructed time series of Voksel Electric daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Voksel Electric 8 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Voksel Electric Tbk on the next trading day is expected to be 237.00 with a mean absolute deviation of 15.81, mean absolute percentage error of 796.93, and the sum of the absolute errors of 853.62.
Please note that although there have been many attempts to predict Voksel 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 Voksel Electric's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Voksel Electric Stock Forecast Pattern

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Voksel Electric Forecasted Value

In the context of forecasting Voksel Electric'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. Voksel Electric's downside and upside margins for the forecasting period are 227.98 and 246.02, respectively. We have considered Voksel Electric'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
326.00
227.98
Downside
237.00
Expected Value
246.02
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Voksel Electric stock data series using in forecasting. Note that when a statistical model is used to represent Voksel Electric 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 Criteria111.9261
BiasArithmetic mean of the errors -2.1273
MADMean absolute deviation15.8079
MAPEMean absolute percentage error0.065
SAESum of the absolute errors853.625
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. Voksel Electric Tbk 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Voksel Electric

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Voksel Electric Tbk. 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
316.98326.00335.02
Details
Intrinsic
Valuation
LowRealHigh
235.42244.44358.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
155.21209.79264.37
Details

Other Forecasting Options for Voksel Electric

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

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

Voksel Electric Tbk 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 Voksel Electric'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 Voksel Electric's current price.

Voksel Electric Market Strength Events

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

Voksel Electric Risk Indicators

The analysis of Voksel Electric'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 Voksel Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting voksel 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 Voksel Stock

Voksel Electric financial ratios help investors to determine whether Voksel 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 Voksel with respect to the benefits of owning Voksel Electric security.