ASN Broker Stock Forecast - 4 Period Moving Average

ASN Stock  THB 1.79  0.01  0.56%   
The 4 Period Moving Average forecasted value of ASN Broker Public on the next trading day is expected to be 1.76 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.80. ASN Stock Forecast is based on your current time horizon.
  
A four-period moving average forecast model for ASN Broker Public is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

ASN Broker 4 Period Moving Average Price Forecast For the 24th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of ASN Broker Public on the next trading day is expected to be 1.76 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.02, and the sum of the absolute errors of 4.80.
Please note that although there have been many attempts to predict ASN 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 ASN Broker's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ASN Broker Stock Forecast Pattern

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ASN Broker Forecasted Value

In the context of forecasting ASN Broker'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. ASN Broker's downside and upside margins for the forecasting period are 0.02 and 7.22, respectively. We have considered ASN Broker'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
1.79
1.76
Expected Value
7.22
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of ASN Broker stock data series using in forecasting. Note that when a statistical model is used to represent ASN Broker 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 Criteria106.685
BiasArithmetic mean of the errors -0.0096
MADMean absolute deviation0.0841
MAPEMean absolute percentage error0.0465
SAESum of the absolute errors4.795
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of ASN Broker. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for ASN Broker Public and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for ASN Broker

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASN Broker 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
0.091.797.21
Details
Intrinsic
Valuation
LowRealHigh
0.091.817.23
Details

Other Forecasting Options for ASN Broker

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

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

ASN Broker 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 ASN Broker'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 ASN Broker's current price.

ASN Broker Market Strength Events

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

ASN Broker Risk Indicators

The analysis of ASN Broker'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 ASN Broker's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asn 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 ASN Stock

ASN Broker financial ratios help investors to determine whether ASN 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 ASN with respect to the benefits of owning ASN Broker security.