Trias Sentosa Stock Forecast - Naive Prediction

TRST Stock  IDR 500.00  0.00  0.00%   
The Naive Prediction forecasted value of Trias Sentosa Tbk on the next trading day is expected to be 498.52 with a mean absolute deviation of 4.47 and the sum of the absolute errors of 272.58. Trias Stock Forecast is based on your current time horizon.
  
A naive forecasting model for Trias Sentosa is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Trias Sentosa 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.

Trias Sentosa Naive Prediction Price Forecast For the 5th of December

Given 90 days horizon, the Naive Prediction forecasted value of Trias Sentosa Tbk on the next trading day is expected to be 498.52 with a mean absolute deviation of 4.47, mean absolute percentage error of 46.33, and the sum of the absolute errors of 272.58.
Please note that although there have been many attempts to predict Trias 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 Trias Sentosa's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Trias Sentosa Stock Forecast Pattern

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Trias Sentosa Forecasted Value

In the context of forecasting Trias Sentosa'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. Trias Sentosa's downside and upside margins for the forecasting period are 497.05 and 499.98, respectively. We have considered Trias Sentosa'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
500.00
497.05
Downside
498.52
Expected Value
499.98
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 Trias Sentosa stock data series using in forecasting. Note that when a statistical model is used to represent Trias Sentosa 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 Criteria121.9462
BiasArithmetic mean of the errors None
MADMean absolute deviation4.4685
MAPEMean absolute percentage error0.0092
SAESum of the absolute errors272.5778
This model is not at all useful as a medium-long range forecasting tool of Trias Sentosa 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 Trias Sentosa. 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 Trias Sentosa

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trias Sentosa 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
498.53500.00501.47
Details
Intrinsic
Valuation
LowRealHigh
410.13411.60550.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
498.49499.19499.89
Details

Other Forecasting Options for Trias Sentosa

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

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

Trias Sentosa 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 Trias Sentosa'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 Trias Sentosa's current price.

Trias Sentosa Market Strength Events

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

Trias Sentosa Risk Indicators

The analysis of Trias Sentosa'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 Trias Sentosa's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trias 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 Trias Stock

Trias Sentosa financial ratios help investors to determine whether Trias 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 Trias with respect to the benefits of owning Trias Sentosa security.