Teo Seng Stock Forecast - Naive Prediction

7252 Stock   1.08  0.02  1.82%   
The Naive Prediction forecasted value of Teo Seng Capital on the next trading day is expected to be 1.04 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.68. Investors can use prediction functions to forecast Teo Seng's stock prices and determine the direction of Teo Seng Capital's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Teo Seng's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
A naive forecasting model for Teo Seng is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Teo Seng Capital 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.

Teo Seng Naive Prediction Price Forecast For the 31st of December

Given 90 days horizon, the Naive Prediction forecasted value of Teo Seng Capital on the next trading day is expected to be 1.04 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.68.
Please note that although there have been many attempts to predict Teo 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 Teo Seng's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Teo Seng Stock Forecast Pattern

Teo Seng Forecasted Value

In the context of forecasting Teo Seng'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. Teo Seng's downside and upside margins for the forecasting period are 0.01 and 3.58, respectively. We have considered Teo Seng'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
1.08
1.04
Expected Value
3.58
Upside

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 Teo Seng stock data series using in forecasting. Note that when a statistical model is used to represent Teo Seng 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 Criteria111.4047
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0276
MAPEMean absolute percentage error0.0235
SAESum of the absolute errors1.6828
This model is not at all useful as a medium-long range forecasting tool of Teo Seng Capital. 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 Teo Seng. 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 Teo Seng

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Teo Seng Capital. 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.

Other Forecasting Options for Teo Seng

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

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

Teo Seng Capital 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 Teo Seng'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 Teo Seng's current price.

Teo Seng Market Strength Events

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

Teo Seng Risk Indicators

The analysis of Teo Seng'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 Teo Seng's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting teo 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.