Eterindo Wahanatama Stock Forecast - Simple Moving Average

ETWA Stock  IDR 70.00  0.00  0.00%   
The Simple Moving Average forecasted value of Eterindo Wahanatama Tbk on the next trading day is expected to be 70.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Eterindo Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for Eterindo Wahanatama is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Eterindo Wahanatama Simple Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Eterindo Wahanatama Tbk on the next trading day is expected to be 70.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Eterindo 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 Eterindo Wahanatama's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Eterindo Wahanatama Stock Forecast Pattern

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Eterindo Wahanatama Forecasted Value

In the context of forecasting Eterindo Wahanatama'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. Eterindo Wahanatama's downside and upside margins for the forecasting period are 70.00 and 70.00, respectively. We have considered Eterindo Wahanatama'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
70.00
70.00
Expected Value
70.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Eterindo Wahanatama stock data series using in forecasting. Note that when a statistical model is used to represent Eterindo Wahanatama 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
The simple moving average model is conceptually a linear regression of the current value of Eterindo Wahanatama Tbk price series against current and previous (unobserved) value of Eterindo Wahanatama. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Eterindo Wahanatama

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eterindo Wahanatama 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
70.0070.0070.00
Details
Intrinsic
Valuation
LowRealHigh
70.0070.0070.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
70.0070.0070.00
Details

Other Forecasting Options for Eterindo Wahanatama

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

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

Eterindo Wahanatama 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 Eterindo Wahanatama'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 Eterindo Wahanatama's current price.

Eterindo Wahanatama Market Strength Events

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

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Other Information on Investing in Eterindo Stock

Eterindo Wahanatama financial ratios help investors to determine whether Eterindo 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 Eterindo with respect to the benefits of owning Eterindo Wahanatama security.