Arthavest Tbk Stock Forecast - Simple Regression

ARTA Stock  IDR 2,350  50.00  2.17%   
The Simple Regression forecasted value of Arthavest Tbk on the next trading day is expected to be 2,392 with a mean absolute deviation of 64.51 and the sum of the absolute errors of 3,935. Arthavest Stock Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Arthavest Tbk price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Arthavest Tbk Simple Regression Price Forecast For the 4th of December

Given 90 days horizon, the Simple Regression forecasted value of Arthavest Tbk on the next trading day is expected to be 2,392 with a mean absolute deviation of 64.51, mean absolute percentage error of 6,128, and the sum of the absolute errors of 3,935.
Please note that although there have been many attempts to predict Arthavest 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 Arthavest Tbk's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Arthavest Tbk Stock Forecast Pattern

Backtest Arthavest TbkArthavest Tbk Price PredictionBuy or Sell Advice 

Arthavest Tbk Forecasted Value

In the context of forecasting Arthavest Tbk'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. Arthavest Tbk's downside and upside margins for the forecasting period are 2,390 and 2,393, respectively. We have considered Arthavest Tbk'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
2,350
2,392
Expected Value
2,393
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Arthavest Tbk stock data series using in forecasting. Note that when a statistical model is used to represent Arthavest Tbk 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 Criteria126.8311
BiasArithmetic mean of the errors None
MADMean absolute deviation64.5064
MAPEMean absolute percentage error0.0259
SAESum of the absolute errors3934.8895
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Arthavest Tbk historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Arthavest Tbk

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Arthavest 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
2,3492,3502,351
Details
Intrinsic
Valuation
LowRealHigh
2,0322,0332,585
Details
Bollinger
Band Projection (param)
LowMiddleHigh
2,3232,4232,524
Details

Other Forecasting Options for Arthavest Tbk

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

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

Arthavest 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 Arthavest Tbk'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 Arthavest Tbk's current price.

Arthavest Tbk Market Strength Events

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

Arthavest Tbk Risk Indicators

The analysis of Arthavest Tbk'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 Arthavest Tbk's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting arthavest 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 Arthavest Stock

Arthavest Tbk financial ratios help investors to determine whether Arthavest 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 Arthavest with respect to the benefits of owning Arthavest Tbk security.