Waskita Karya Stock Forecast - Simple Exponential Smoothing
| WSKT Stock | IDR 202.00 0.00 0.00% |
The Simple Exponential Smoothing forecasted value of Waskita Karya Persero on the next trading day is expected to be 202.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Waskita Stock Forecast is based on your current time horizon.
Waskita |
Waskita Karya Simple Exponential Smoothing Price Forecast For the 30th of November
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Waskita Karya Persero on the next trading day is expected to be 202.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict Waskita 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 Waskita Karya's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Waskita Karya Stock Forecast Pattern
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Waskita Karya Forecasted Value
In the context of forecasting Waskita Karya'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. Waskita Karya's downside and upside margins for the forecasting period are 202.00 and 202.00, respectively. We have considered Waskita Karya'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Waskita Karya stock data series using in forecasting. Note that when a statistical model is used to represent Waskita Karya 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 | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Waskita Karya
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Waskita Karya Persero. 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 Waskita Karya
For every potential investor in Waskita, whether a beginner or expert, Waskita Karya's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Waskita Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Waskita. Basic forecasting techniques help filter out the noise by identifying Waskita Karya's price trends.Waskita Karya 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 Waskita Karya stock to make a market-neutral strategy. Peer analysis of Waskita Karya could also be used in its relative valuation, which is a method of valuing Waskita Karya by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Waskita Karya Persero 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 Waskita Karya'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 Waskita Karya's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
Waskita Karya Market Strength Events
Market strength indicators help investors to evaluate how Waskita Karya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Waskita Karya shares will generate the highest return on investment. By undertsting and applying Waskita Karya stock market strength indicators, traders can identify Waskita Karya Persero entry and exit signals to maximize returns.
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Waskita Karya financial ratios help investors to determine whether Waskita 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 Waskita with respect to the benefits of owning Waskita Karya security.