Waskita Karya Stock Forecast - Naive Prediction
| WSKT Stock | IDR 202.00 0.00 0.00% |
The Naive Prediction 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. Investors can use this forecasting interface to forecast Waskita Karya stock prices and determine the direction of Waskita Karya Persero's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Waskita Karya's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Waskita Karya to cross-verify your projections. Waskita |
Most investors in Waskita Karya cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Waskita Karya's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Waskita Karya's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Waskita Karya is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Waskita Karya Persero 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. Waskita Karya Naive Prediction Price Forecast For the 1st of May
Given 90 days horizon, the Naive Prediction 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
| Backtest Waskita Karya | Waskita Karya Price Prediction | Buy or Sell Advice |
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 Naive Prediction 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Waskita Karya's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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 | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Waskita Karya in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Waskita Karya's short interest history, or implied volatility extrapolated from Waskita Karya options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of Waskita Karya to cross-verify your projections. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Waskita Stock analysis
When running Waskita Karya's price analysis, check to measure Waskita Karya'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 Waskita Karya is operating at the current time. Most of Waskita Karya's value examination focuses on studying past and present price action to predict the probability of Waskita Karya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waskita Karya's price. Additionally, you may evaluate how the addition of Waskita Karya to your portfolios can decrease your overall portfolio volatility.
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