Yanaprima Hastapersada Stock Forecast - Simple Regression
YPAS Stock | IDR 288.00 30.00 9.43% |
The Simple Regression forecasted value of Yanaprima Hastapersada Tbk on the next trading day is expected to be 325.58 with a mean absolute deviation of 21.51 and the sum of the absolute errors of 1,312. Yanaprima Stock Forecast is based on your current time horizon.
Yanaprima |
Yanaprima Hastapersada Simple Regression Price Forecast For the 11th of January 2025
Given 90 days horizon, the Simple Regression forecasted value of Yanaprima Hastapersada Tbk on the next trading day is expected to be 325.58 with a mean absolute deviation of 21.51, mean absolute percentage error of 847.14, and the sum of the absolute errors of 1,312.Please note that although there have been many attempts to predict Yanaprima 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 Yanaprima Hastapersada's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Yanaprima Hastapersada Stock Forecast Pattern
Backtest Yanaprima Hastapersada | Yanaprima Hastapersada Price Prediction | Buy or Sell Advice |
Yanaprima Hastapersada Forecasted Value
In the context of forecasting Yanaprima Hastapersada'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. Yanaprima Hastapersada's downside and upside margins for the forecasting period are 321.31 and 329.84, respectively. We have considered Yanaprima Hastapersada'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 Regression forecasting method's relative quality and the estimations of the prediction error of Yanaprima Hastapersada stock data series using in forecasting. Note that when a statistical model is used to represent Yanaprima Hastapersada 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 | 124.8524 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 21.507 |
MAPE | Mean absolute percentage error | 0.0724 |
SAE | Sum of the absolute errors | 1311.9243 |
Predictive Modules for Yanaprima Hastapersada
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yanaprima Hastapersada. 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 Yanaprima Hastapersada
For every potential investor in Yanaprima, whether a beginner or expert, Yanaprima Hastapersada's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Yanaprima Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Yanaprima. Basic forecasting techniques help filter out the noise by identifying Yanaprima Hastapersada's price trends.Yanaprima Hastapersada 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 Yanaprima Hastapersada stock to make a market-neutral strategy. Peer analysis of Yanaprima Hastapersada could also be used in its relative valuation, which is a method of valuing Yanaprima Hastapersada by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Yanaprima Hastapersada 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 Yanaprima Hastapersada'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 Yanaprima Hastapersada's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Yanaprima Hastapersada Market Strength Events
Market strength indicators help investors to evaluate how Yanaprima Hastapersada stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yanaprima Hastapersada shares will generate the highest return on investment. By undertsting and applying Yanaprima Hastapersada stock market strength indicators, traders can identify Yanaprima Hastapersada Tbk entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.91 | |||
Day Median Price | 288.0 | |||
Day Typical Price | 288.0 | |||
Price Action Indicator | (15.00) | |||
Period Momentum Indicator | (30.00) | |||
Relative Strength Index | 53.99 |
Yanaprima Hastapersada Risk Indicators
The analysis of Yanaprima Hastapersada'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 Yanaprima Hastapersada's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yanaprima 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 | 2.27 | |||
Semi Deviation | 3.31 | |||
Standard Deviation | 4.35 | |||
Variance | 18.88 | |||
Downside Variance | 85.78 | |||
Semi Variance | 10.95 | |||
Expected Short fall | (6.96) |
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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Yanaprima Hastapersada financial ratios help investors to determine whether Yanaprima 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 Yanaprima with respect to the benefits of owning Yanaprima Hastapersada security.