Menteng Heritage Stock Forecast - Simple Regression
HRME Stock | 46.00 1.00 2.13% |
The Simple Regression forecasted value of Menteng Heritage Realty on the next trading day is expected to be 40.16 with a mean absolute deviation of 3.22 and the sum of the absolute errors of 196.56. Menteng Stock Forecast is based on your current time horizon.
Menteng |
Menteng Heritage Simple Regression Price Forecast For the 2nd of December
Given 90 days horizon, the Simple Regression forecasted value of Menteng Heritage Realty on the next trading day is expected to be 40.16 with a mean absolute deviation of 3.22, mean absolute percentage error of 16.16, and the sum of the absolute errors of 196.56.Please note that although there have been many attempts to predict Menteng 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 Menteng Heritage's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Menteng Heritage Stock Forecast Pattern
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Menteng Heritage Forecasted Value
In the context of forecasting Menteng Heritage'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. Menteng Heritage's downside and upside margins for the forecasting period are 36.26 and 44.06, respectively. We have considered Menteng Heritage'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.
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 Menteng Heritage stock data series using in forecasting. Note that when a statistical model is used to represent Menteng Heritage 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.AIC | Akaike Information Criteria | 120.8932 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 3.2223 |
MAPE | Mean absolute percentage error | 0.0874 |
SAE | Sum of the absolute errors | 196.5601 |
Predictive Modules for Menteng Heritage
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Menteng Heritage Realty. 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.Other Forecasting Options for Menteng Heritage
For every potential investor in Menteng, whether a beginner or expert, Menteng Heritage's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Menteng Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Menteng. Basic forecasting techniques help filter out the noise by identifying Menteng Heritage's price trends.Menteng Heritage 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 Menteng Heritage stock to make a market-neutral strategy. Peer analysis of Menteng Heritage could also be used in its relative valuation, which is a method of valuing Menteng Heritage by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Menteng Heritage Realty 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 Menteng Heritage'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 Menteng Heritage's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Menteng Heritage Market Strength Events
Market strength indicators help investors to evaluate how Menteng Heritage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Menteng Heritage shares will generate the highest return on investment. By undertsting and applying Menteng Heritage stock market strength indicators, traders can identify Menteng Heritage Realty entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 46.0 | |||
Day Typical Price | 46.0 | |||
Price Action Indicator | (0.50) | |||
Period Momentum Indicator | (1.00) | |||
Relative Strength Index | 29.24 |
Menteng Heritage Risk Indicators
The analysis of Menteng Heritage'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 Menteng Heritage's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting menteng 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.
Mean Deviation | 3.2 | |||
Semi Deviation | 2.53 | |||
Standard Deviation | 4.17 | |||
Variance | 17.4 | |||
Downside Variance | 14.86 | |||
Semi Variance | 6.39 | |||
Expected Short fall | (5.72) |
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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Menteng Heritage financial ratios help investors to determine whether Menteng 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 Menteng with respect to the benefits of owning Menteng Heritage security.