Muang Thai Stock Forecast - Polynomial Regression

MTI Stock  THB 106.50  0.50  0.47%   
The Polynomial Regression forecasted value of Muang Thai Insurance on the next trading day is expected to be 106.74 with a mean absolute deviation of 0.70 and the sum of the absolute errors of 42.83. Muang Stock Forecast is based on your current time horizon.
  
Muang Thai polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Muang Thai Insurance as well as the accuracy indicators are determined from the period prices.

Muang Thai Polynomial Regression Price Forecast For the 15th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Muang Thai Insurance on the next trading day is expected to be 106.74 with a mean absolute deviation of 0.70, mean absolute percentage error of 1.09, and the sum of the absolute errors of 42.83.
Please note that although there have been many attempts to predict Muang 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 Muang Thai's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Muang Thai Stock Forecast Pattern

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Muang Thai Forecasted Value

In the context of forecasting Muang Thai'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. Muang Thai's downside and upside margins for the forecasting period are 105.77 and 107.71, respectively. We have considered Muang Thai'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
106.50
105.77
Downside
106.74
Expected Value
107.71
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Muang Thai stock data series using in forecasting. Note that when a statistical model is used to represent Muang Thai 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 Criteria118.1991
BiasArithmetic mean of the errors None
MADMean absolute deviation0.7021
MAPEMean absolute percentage error0.0064
SAESum of the absolute errors42.827
A single variable polynomial regression model attempts to put a curve through the Muang Thai historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Muang Thai

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Muang Thai Insurance. 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
105.53106.50107.47
Details
Intrinsic
Valuation
LowRealHigh
95.85107.75108.72
Details
Bollinger
Band Projection (param)
LowMiddleHigh
104.39106.75109.11
Details

Other Forecasting Options for Muang Thai

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

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

Muang Thai Insurance 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 Muang Thai'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 Muang Thai's current price.

Muang Thai Market Strength Events

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

Muang Thai Risk Indicators

The analysis of Muang Thai'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 Muang Thai's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting muang 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 Muang Stock

Muang Thai financial ratios help investors to determine whether Muang 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 Muang with respect to the benefits of owning Muang Thai security.