Amata Public Stock Forecast - Simple Exponential Smoothing

AMATA-R Stock  THB 22.70  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of Amata Public on the next trading day is expected to be 22.70 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 22.70. Amata Stock Forecast is based on your current time horizon.
  
Amata Public simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Amata Public are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Amata Public prices get older.

Amata Public Simple Exponential Smoothing Price Forecast For the 6th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Amata Public on the next trading day is expected to be 22.70 with a mean absolute deviation of 0.38, mean absolute percentage error of 8.59, and the sum of the absolute errors of 22.70.
Please note that although there have been many attempts to predict Amata 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 Amata Public's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amata Public Stock Forecast Pattern

Backtest Amata PublicAmata Public Price PredictionBuy or Sell Advice 

Amata Public Forecasted Value

In the context of forecasting Amata Public'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. Amata Public's downside and upside margins for the forecasting period are 0.23 and 154.89, respectively. We have considered Amata Public'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
22.70
22.70
Expected Value
154.89
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Amata Public stock data series using in forecasting. Note that when a statistical model is used to represent Amata Public 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 Criteria118.423
BiasArithmetic mean of the errors 0.3783
MADMean absolute deviation0.3783
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors22.7
This simple exponential smoothing model begins by setting Amata Public forecast for the second period equal to the observation of the first period. In other words, recent Amata Public observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Amata Public

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amata 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
0.000.0050.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0050.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
22.7022.7022.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Amata Public. Your research has to be compared to or analyzed against Amata Public's peers to derive any actionable benefits. When done correctly, Amata Public's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Amata Public.

Other Forecasting Options for Amata Public

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

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

Amata 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 Amata Public'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 Amata Public's current price.

Amata Public Market Strength Events

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for Amata Stock Analysis

When running Amata Public's price analysis, check to measure Amata Public's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amata Public is operating at the current time. Most of Amata Public's value examination focuses on studying past and present price action to predict the probability of Amata Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amata Public's price. Additionally, you may evaluate how the addition of Amata Public to your portfolios can decrease your overall portfolio volatility.