# Krungthai Card Pink Sheet Forecast - Simple Regression

 KGTHY Stock USD 11.40  0.22  1.97%
The Simple Regression forecasted value of Krungthai Card Public on the next trading day is expected to be 10.65 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 17.55. Krungthai Pink Sheet Forecast is based on your current time horizon.
 Krungthai
Simple Regression model is a single variable regression model that attempts to put a straight line through Krungthai Card price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

## Krungthai Card Simple Regression Price Forecast For the 15th of August 2024

Given 90 days horizon, the Simple Regression forecasted value of Krungthai Card Public on the next trading day is expected to be 10.65 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.14, and the sum of the absolute errors of 17.55.
Please note that although there have been many attempts to predict Krungthai Pink Sheet 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 Krungthai Card's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

## Krungthai Card Forecasted Value

In the context of forecasting Krungthai Card's Pink Sheet 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. Krungthai Card's downside and upside margins for the forecasting period are 8.81 and 12.50, respectively. We have considered Krungthai Card'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
 8.81Downside 10.65Expected ValueTarget Odds 12.50Upside

## 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 Krungthai Card pink sheet data series using in forecasting. Note that when a statistical model is used to represent Krungthai Card pink sheet, 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 116.1406 Bias Arithmetic mean of the errors None MAD Mean absolute deviation 0.2877 MAPE Mean absolute percentage error 0.0255 SAE Sum of the absolute errors 17.5474
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Krungthai Card Public historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

## Predictive Modules for Krungthai Card

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Krungthai Card Public. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Krungthai Card'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.
Hype
Prediction
 Low Estimated High 9.56 11.40 13.24
Intrinsic
Valuation
 Low Real High 8.03 9.87 11.71
Bollinger
Band Projection (param)
 Low Middle High 10.29 10.90 11.52
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Krungthai Card. Your research has to be compared to or analyzed against Krungthai Card's peers to derive any actionable benefits. When done correctly, Krungthai Card's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Krungthai Card Public.

## Other Forecasting Options for Krungthai Card

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

## View Krungthai Card Related Equities

 Risk & Return Correlation

## Krungthai Card Public Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Krungthai Card'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 Krungthai Card's current price.
 Cycle Indicators Math Operators Math Transform Momentum Indicators Overlap Studies Pattern Recognition Price Transform Statistic Functions Volatility Indicators Volume Indicators

## Krungthai Card Market Strength Events

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

## Krungthai Card Risk Indicators

The analysis of Krungthai Card'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 Krungthai Card's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting krungthai pink sheet 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 0.8211 Semi Deviation 1.49 Standard Deviation 1.82 Variance 3.3 Downside Variance 15.35 Semi Variance 2.23 Expected Short fall (2.72)
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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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.

## Additional Tools for Krungthai Pink Sheet Analysis

When running Krungthai Card's price analysis, check to measure Krungthai Card'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 Krungthai Card is operating at the current time. Most of Krungthai Card's value examination focuses on studying past and present price action to predict the probability of Krungthai Card's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krungthai Card's price. Additionally, you may evaluate how the addition of Krungthai Card to your portfolios can decrease your overall portfolio volatility.