TPI POLENE Stock Forecast - Simple Moving Average

TPIPP-R Stock  THB 2.92  0.04  1.35%   
The Simple Moving Average forecasted value of TPI POLENE POWER on the next trading day is expected to be 2.92 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.36. TPI Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for TPI POLENE is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

TPI POLENE Simple Moving Average Price Forecast For the 24th of December

Given 90 days horizon, the Simple Moving Average forecasted value of TPI POLENE POWER on the next trading day is expected to be 2.92 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.28, and the sum of the absolute errors of 7.36.
Please note that although there have been many attempts to predict TPI 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 TPI POLENE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

TPI POLENE Stock Forecast Pattern

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TPI POLENE Forecasted Value

In the context of forecasting TPI POLENE'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. TPI POLENE's downside and upside margins for the forecasting period are 0.03 and 131.84, respectively. We have considered TPI POLENE'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
2.92
2.92
Expected Value
131.84
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of TPI POLENE stock data series using in forecasting. Note that when a statistical model is used to represent TPI POLENE 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 Criteria113.1634
BiasArithmetic mean of the errors 0.0099
MADMean absolute deviation0.1248
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors7.365
The simple moving average model is conceptually a linear regression of the current value of TPI POLENE POWER price series against current and previous (unobserved) value of TPI POLENE. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for TPI POLENE

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TPI POLENE POWER. 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
0.152.92294.92
Details
Intrinsic
Valuation
LowRealHigh
0.112.24294.24
Details

Other Forecasting Options for TPI POLENE

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

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

TPI POLENE POWER 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 TPI POLENE'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 TPI POLENE's current price.

TPI POLENE Market Strength Events

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

TPI POLENE Risk Indicators

The analysis of TPI POLENE'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 TPI POLENE's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tpi 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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Additional Tools for TPI Stock Analysis

When running TPI POLENE's price analysis, check to measure TPI POLENE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TPI POLENE is operating at the current time. Most of TPI POLENE's value examination focuses on studying past and present price action to predict the probability of TPI POLENE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TPI POLENE's price. Additionally, you may evaluate how the addition of TPI POLENE to your portfolios can decrease your overall portfolio volatility.