Ben Thanh Stock Forecast - Naive Prediction

A naive forecasting model for Ben Thanh is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Ben Thanh Rubber value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Ben Thanh Naive Prediction Price Forecast For the 30th of November

Given 90 days horizon, the Naive Prediction forecasted value of Ben Thanh Rubber on the next trading day is expected to be 13,974 with a mean absolute deviation of 76.83, mean absolute percentage error of 11,565, and the sum of the absolute errors of 4,763.

Ben Thanh Stock Forecast Pattern

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Ben Thanh Price Prediction

Buy or Sell Advice

Ben Thanh Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Ben Thanh stock data series using in forecasting. Note that when a statistical model is used to represent Ben Thanh 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. This model is not at all useful as a medium-long range forecasting tool of Ben Thanh Rubber. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Ben Thanh. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Ben Thanh

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ben Thanh Rubber. 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 13,999 14,000 14,001 Details

Intrinsic Valuation Low Real High 12,694 12,694 15,400 Details

Other Forecasting Options for Ben Thanh

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

Ben Thanh Related Equities

Risk & Return

Correlation

Ben Thanh Rubber 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 Ben Thanh'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 Ben Thanh's current price.

Ben Thanh Market Strength Events

Ben Thanh Risk Indicators

Pair Trading with Ben Thanh

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 Ben Thanh 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 Ben Thanh will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Ben Stock