Vichitbhan Palmoil Stock Forecast - 4 Period Moving Average

VPO Stock  THB 0.65  0.03  4.84%   
The 4 Period Moving Average forecasted value of Vichitbhan Palmoil Public on the next trading day is expected to be 0.63 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.51. Vichitbhan Stock Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Vichitbhan Palmoil Public is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Vichitbhan Palmoil 4 Period Moving Average Price Forecast For the 1st of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Vichitbhan Palmoil Public on the next trading day is expected to be 0.63 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.51.
Please note that although there have been many attempts to predict Vichitbhan 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 Vichitbhan Palmoil's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Vichitbhan Palmoil Stock Forecast Pattern

Backtest Vichitbhan PalmoilVichitbhan Palmoil Price PredictionBuy or Sell Advice 

Vichitbhan Palmoil Forecasted Value

In the context of forecasting Vichitbhan Palmoil'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. Vichitbhan Palmoil's downside and upside margins for the forecasting period are 0.01 and 126.49, respectively. We have considered Vichitbhan Palmoil'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
0.65
0.63
Expected Value
126.49
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Vichitbhan Palmoil stock data series using in forecasting. Note that when a statistical model is used to represent Vichitbhan Palmoil 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 Criteria104.2192
BiasArithmetic mean of the errors 0.001
MADMean absolute deviation0.0264
MAPEMean absolute percentage error0.0367
SAESum of the absolute errors1.5075
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Vichitbhan Palmoil. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Vichitbhan Palmoil Public and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Vichitbhan Palmoil

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vichitbhan Palmoil 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
0.030.6583.15
Details
Intrinsic
Valuation
LowRealHigh
0.030.5883.08
Details

Other Forecasting Options for Vichitbhan Palmoil

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

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

Vichitbhan Palmoil 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 Vichitbhan Palmoil'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 Vichitbhan Palmoil's current price.

Vichitbhan Palmoil Market Strength Events

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

Vichitbhan Palmoil Risk Indicators

The analysis of Vichitbhan Palmoil'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 Vichitbhan Palmoil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vichitbhan 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 Vichitbhan Stock

Vichitbhan Palmoil financial ratios help investors to determine whether Vichitbhan 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 Vichitbhan with respect to the benefits of owning Vichitbhan Palmoil security.