Saigon Telecommunicatio Stock Forecast - 4 Period Moving Average

SGT Stock   14,950  100.00  0.66%   
The 4 Period Moving Average forecasted value of Saigon Telecommunication Technologies on the next trading day is expected to be 15,012 with a mean absolute deviation of 207.02 and the sum of the absolute errors of 11,800. Saigon Stock Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Saigon Telecommunication Technologies is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Saigon Telecommunicatio 4 Period Moving Average Price Forecast For the 5th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Saigon Telecommunication Technologies on the next trading day is expected to be 15,012 with a mean absolute deviation of 207.02, mean absolute percentage error of 73,268, and the sum of the absolute errors of 11,800.
Please note that although there have been many attempts to predict Saigon 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 Saigon Telecommunicatio's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Saigon Telecommunicatio Stock Forecast Pattern

Backtest Saigon TelecommunicatioSaigon Telecommunicatio Price PredictionBuy or Sell Advice 

Saigon Telecommunicatio Forecasted Value

In the context of forecasting Saigon Telecommunicatio'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. Saigon Telecommunicatio's downside and upside margins for the forecasting period are 15,011 and 15,014, respectively. We have considered Saigon Telecommunicatio'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
14,950
15,011
Downside
15,012
Expected Value
15,014
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Saigon Telecommunicatio stock data series using in forecasting. Note that when a statistical model is used to represent Saigon Telecommunicatio 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 Criteria121.9609
BiasArithmetic mean of the errors -21.4912
MADMean absolute deviation207.0175
MAPEMean absolute percentage error0.0138
SAESum of the absolute errors11800.0
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Saigon Telecommunicatio. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Saigon Telecommunication Technologies and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Saigon Telecommunicatio

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saigon Telecommunicatio. 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
14,94914,95014,951
Details
Intrinsic
Valuation
LowRealHigh
13,36013,36116,445
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14,71314,93615,159
Details

Other Forecasting Options for Saigon Telecommunicatio

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

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

Saigon Telecommunicatio 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 Saigon Telecommunicatio'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 Saigon Telecommunicatio's current price.

Saigon Telecommunicatio Market Strength Events

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

Saigon Telecommunicatio Risk Indicators

The analysis of Saigon Telecommunicatio'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 Saigon Telecommunicatio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting saigon 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.

Pair Trading with Saigon Telecommunicatio

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Saigon Telecommunicatio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Saigon Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.

Moving against Saigon Stock

  0.51AME Alphanam MEPairCorr
  0.47ABS Binhthuan AgriculturePairCorr
  0.43ABT Bentre Aquaproduct ImportPairCorr
  0.39APG APG Securities JointPairCorr
  0.38AAA An Phat PlasticPairCorr
The ability to find closely correlated positions to Saigon Telecommunicatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saigon Telecommunicatio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Saigon Telecommunicatio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Saigon Telecommunication Technologies to buy it.
The correlation of Saigon Telecommunicatio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Saigon Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saigon Telecommunicatio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Saigon Telecommunicatio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Saigon Stock

Saigon Telecommunicatio financial ratios help investors to determine whether Saigon 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 Saigon with respect to the benefits of owning Saigon Telecommunicatio security.