PT Hanjaya Pink Sheet Forecast - Triple Exponential Smoothing
| PHJMF Stock | USD 0.05 0.01 25.00% |
The Triple Exponential Smoothing forecasted value of PT Hanjaya Mandala on the next trading day is expected to be 0.05 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.24. PHJMF Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PT Hanjaya stock prices and determine the direction of PT Hanjaya Mandala's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PT Hanjaya's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of PT Hanjaya to cross-verify your projections. PHJMF |
Most investors in PT Hanjaya 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 PT Hanjaya's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PT Hanjaya's price structures and extracts relationships that further increase the generated results' accuracy.
Triple exponential smoothing for PT Hanjaya - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When PT Hanjaya prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in PT Hanjaya price movement. However, neither of these exponential smoothing models address any seasonality of PT Hanjaya Mandala. PT Hanjaya Triple Exponential Smoothing Price Forecast For the 13th of May 2024
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of PT Hanjaya Mandala on the next trading day is expected to be 0.05 with a mean absolute deviation of 0, mean absolute percentage error of 0.000037, and the sum of the absolute errors of 0.24.Please note that although there have been many attempts to predict PHJMF 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 PT Hanjaya's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PT Hanjaya Pink Sheet Forecast Pattern
| Backtest PT Hanjaya | PT Hanjaya Price Prediction | Buy or Sell Advice |
PT Hanjaya Forecasted Value
In the context of forecasting PT Hanjaya'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. PT Hanjaya's downside and upside margins for the forecasting period are 0.0005 and 10.24, respectively. We have considered PT Hanjaya'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of PT Hanjaya pink sheet data series using in forecasting. Note that when a statistical model is used to represent PT Hanjaya 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 | Huge |
| Bias | Arithmetic mean of the errors | -7.0E-4 |
| MAD | Mean absolute deviation | 0.004 |
| MAPE | Mean absolute percentage error | 0.0785 |
| SAE | Sum of the absolute errors | 0.2355 |
Predictive Modules for PT Hanjaya
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PT Hanjaya Mandala. 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 PT Hanjaya'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 PT Hanjaya
For every potential investor in PHJMF, whether a beginner or expert, PT Hanjaya's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PHJMF Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PHJMF. Basic forecasting techniques help filter out the noise by identifying PT Hanjaya's price trends.PT Hanjaya 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 PT Hanjaya pink sheet to make a market-neutral strategy. Peer analysis of PT Hanjaya could also be used in its relative valuation, which is a method of valuing PT Hanjaya by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PT Hanjaya Mandala 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 PT Hanjaya'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 PT Hanjaya's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
PT Hanjaya Market Strength Events
Market strength indicators help investors to evaluate how PT Hanjaya 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 PT Hanjaya shares will generate the highest return on investment. By undertsting and applying PT Hanjaya pink sheet market strength indicators, traders can identify PT Hanjaya Mandala entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.25 | |||
| Day Median Price | 0.05 | |||
| Day Typical Price | 0.05 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
PT Hanjaya Risk Indicators
The analysis of PT Hanjaya'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 PT Hanjaya's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting phjmf 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 | 5.53 | |||
| Semi Deviation | 7.47 | |||
| Standard Deviation | 10.03 | |||
| Variance | 100.64 | |||
| Downside Variance | 172.18 | |||
| Semi Variance | 55.78 | |||
| Expected Short fall | (11.84) |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PT Hanjaya Mandala using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of PT Hanjaya to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for PHJMF Pink Sheet analysis
When running PT Hanjaya's price analysis, check to measure PT Hanjaya'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 PT Hanjaya is operating at the current time. Most of PT Hanjaya's value examination focuses on studying past and present price action to predict the probability of PT Hanjaya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Hanjaya's price. Additionally, you may evaluate how the addition of PT Hanjaya to your portfolios can decrease your overall portfolio volatility.
| CEOs Directory Screen CEOs from public companies around the world | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |