Asia Hotel Stock Forecast - Simple Exponential Smoothing

ASIA Stock  THB 6.60  0.10  1.49%   
The Simple Exponential Smoothing forecasted value of Asia Hotel Public on the next trading day is expected to be 6.80 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.40. Asia Stock Forecast is based on your current time horizon.
  
Asia Hotel 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 Asia Hotel Public are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Asia Hotel Public prices get older.

Asia Hotel Simple Exponential Smoothing Price Forecast For the 5th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Asia Hotel Public on the next trading day is expected to be 6.80 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.78, and the sum of the absolute errors of 11.40.
Please note that although there have been many attempts to predict Asia 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 Asia Hotel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Asia Hotel Stock Forecast Pattern

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Asia Hotel Forecasted Value

In the context of forecasting Asia Hotel'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. Asia Hotel's downside and upside margins for the forecasting period are 0.07 and 134.65, respectively. We have considered Asia Hotel'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
6.60
6.80
Expected Value
134.65
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 Asia Hotel stock data series using in forecasting. Note that when a statistical model is used to represent Asia Hotel 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 Criteria116.0234
BiasArithmetic mean of the errors 0.185
MADMean absolute deviation0.19
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors11.4
This simple exponential smoothing model begins by setting Asia Hotel Public forecast for the second period equal to the observation of the first period. In other words, recent Asia Hotel observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Asia Hotel

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asia Hotel 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
0.336.60666.60
Details
Intrinsic
Valuation
LowRealHigh
0.255.01665.01
Details

Other Forecasting Options for Asia Hotel

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

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

Asia Hotel 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 Asia Hotel'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 Asia Hotel's current price.

Asia Hotel Market Strength Events

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

Asia Hotel Risk Indicators

The analysis of Asia Hotel'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 Asia Hotel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asia 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 Asia Stock

Asia Hotel financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Hotel security.