Bangkok Commercial Stock Forecast - 8 Period Moving Average

BKKCP Stock  THB 9.05  0.00  0.00%   
The 8 Period Moving Average forecasted value of Bangkok Commercial Property on the next trading day is expected to be 7.92 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 14.73. Bangkok Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bangkok Commercial stock prices and determine the direction of Bangkok Commercial Property's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bangkok Commercial's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Bangkok Commercial is based on an artificially constructed time series of Bangkok Commercial daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Bangkok Commercial 8 Period Moving Average Price Forecast For the 11th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Bangkok Commercial Property on the next trading day is expected to be 7.92 with a mean absolute deviation of 0.28, mean absolute percentage error of 1.58, and the sum of the absolute errors of 14.73.
Please note that although there have been many attempts to predict Bangkok 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 Bangkok Commercial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bangkok Commercial Stock Forecast Pattern

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Bangkok Commercial Forecasted Value

In the context of forecasting Bangkok Commercial'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. Bangkok Commercial's downside and upside margins for the forecasting period are 7.06 and 8.78, respectively. We have considered Bangkok Commercial'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
9.05
7.92
Expected Value
8.78
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Bangkok Commercial stock data series using in forecasting. Note that when a statistical model is used to represent Bangkok Commercial 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 Criteria103.865
BiasArithmetic mean of the errors 0.1257
MADMean absolute deviation0.2778
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors14.725
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Bangkok Commercial Property 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Bangkok Commercial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bangkok Commercial. 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
8.199.059.91
Details
Intrinsic
Valuation
LowRealHigh
4.845.709.96
Details
Bollinger
Band Projection (param)
LowMiddleHigh
5.748.6911.63
Details

Other Forecasting Options for Bangkok Commercial

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

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

Bangkok Commercial 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 Bangkok Commercial'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 Bangkok Commercial's current price.

Bangkok Commercial Market Strength Events

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

Bangkok Commercial Risk Indicators

The analysis of Bangkok Commercial'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 Bangkok Commercial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bangkok 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 Bangkok Stock

Bangkok Commercial financial ratios help investors to determine whether Bangkok 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 Bangkok with respect to the benefits of owning Bangkok Commercial security.