Ristia Bintang Stock Forecast - 20 Period Moving Average
| RBMS Stock | IDR 31.00 2.00 6.06% |
The 20 Period Moving Average forecasted value of Ristia Bintang Mahkotasejati on the next trading day is expected to be 32.00 with a mean absolute deviation of 1.15 and the sum of the absolute errors of 48.50. Ristia Stock Forecast is based on your current time horizon.
Ristia |
Ristia Bintang 20 Period Moving Average Price Forecast For the 12th of December 2024
Given 90 days horizon, the 20 Period Moving Average forecasted value of Ristia Bintang Mahkotasejati on the next trading day is expected to be 32.00 with a mean absolute deviation of 1.15, mean absolute percentage error of 1.78, and the sum of the absolute errors of 48.50.Please note that although there have been many attempts to predict Ristia 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 Ristia Bintang's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Ristia Bintang Stock Forecast Pattern
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Ristia Bintang Forecasted Value
In the context of forecasting Ristia Bintang'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. Ristia Bintang's downside and upside margins for the forecasting period are 29.24 and 34.76, respectively. We have considered Ristia Bintang'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Ristia Bintang stock data series using in forecasting. Note that when a statistical model is used to represent Ristia Bintang 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 | 83.765 |
| Bias | Arithmetic mean of the errors | -1.0333 |
| MAD | Mean absolute deviation | 1.1548 |
| MAPE | Mean absolute percentage error | 0.037 |
| SAE | Sum of the absolute errors | 48.5 |
Predictive Modules for Ristia Bintang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ristia Bintang Mahko. 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 Ristia Bintang
For every potential investor in Ristia, whether a beginner or expert, Ristia Bintang's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ristia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ristia. Basic forecasting techniques help filter out the noise by identifying Ristia Bintang's price trends.Ristia Bintang 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 Ristia Bintang stock to make a market-neutral strategy. Peer analysis of Ristia Bintang could also be used in its relative valuation, which is a method of valuing Ristia Bintang by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ristia Bintang Mahko 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 Ristia Bintang'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 Ristia Bintang's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ristia Bintang Market Strength Events
Market strength indicators help investors to evaluate how Ristia Bintang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ristia Bintang shares will generate the highest return on investment. By undertsting and applying Ristia Bintang stock market strength indicators, traders can identify Ristia Bintang Mahkotasejati entry and exit signals to maximize returns.
Ristia Bintang Risk Indicators
The analysis of Ristia Bintang'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 Ristia Bintang's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ristia 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 | 1.99 | |||
| Semi Deviation | 2.1 | |||
| Standard Deviation | 2.74 | |||
| Variance | 7.52 | |||
| Downside Variance | 13.34 | |||
| Semi Variance | 4.4 | |||
| Expected Short fall | (3.79) |
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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Ristia Bintang financial ratios help investors to determine whether Ristia 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 Ristia with respect to the benefits of owning Ristia Bintang security.