Intermedia Capital Stock Forecast - Naive Prediction

MDIA Stock  IDR 34.00  1.00  3.03%   
The Naive Prediction forecasted value of Intermedia Capital Tbk on the next trading day is expected to be 35.31 with a mean absolute deviation of 1.51 and the sum of the absolute errors of 93.62. Intermedia Stock Forecast is based on your current time horizon.
  
A naive forecasting model for Intermedia Capital is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Intermedia Capital Tbk value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Intermedia Capital Naive Prediction Price Forecast For the 22nd of March

Given 90 days horizon, the Naive Prediction forecasted value of Intermedia Capital Tbk on the next trading day is expected to be 35.31 with a mean absolute deviation of 1.51, mean absolute percentage error of 3.92, and the sum of the absolute errors of 93.62.
Please note that although there have been many attempts to predict Intermedia 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 Intermedia Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Intermedia Capital Stock Forecast Pattern

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Intermedia Capital Forecasted Value

In the context of forecasting Intermedia Capital'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. Intermedia Capital's downside and upside margins for the forecasting period are 30.41 and 40.20, respectively. We have considered Intermedia Capital'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
34.00
35.31
Expected Value
40.20
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Intermedia Capital stock data series using in forecasting. Note that when a statistical model is used to represent Intermedia Capital 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 Criteria121.3155
BiasArithmetic mean of the errors None
MADMean absolute deviation1.51
MAPEMean absolute percentage error0.0633
SAESum of the absolute errors93.621
This model is not at all useful as a medium-long range forecasting tool of Intermedia Capital Tbk. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Intermedia Capital. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Intermedia Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Intermedia Capital 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
29.1034.0038.90
Details
Intrinsic
Valuation
LowRealHigh
26.6031.5036.40
Details
Bollinger
Band Projection (param)
LowMiddleHigh
32.5940.2047.81
Details

Other Forecasting Options for Intermedia Capital

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

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

Intermedia Capital 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 Intermedia Capital'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 Intermedia Capital's current price.

Intermedia Capital Market Strength Events

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

Intermedia Capital Risk Indicators

The analysis of Intermedia Capital'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 Intermedia Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting intermedia 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 Intermedia Stock

Intermedia Capital financial ratios help investors to determine whether Intermedia 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 Intermedia with respect to the benefits of owning Intermedia Capital security.