PPB Group Stock Forecast - 8 Period Moving Average

4065 Stock   12.14  0.26  2.19%   
The 8 Period Moving Average forecasted value of PPB Group Bhd on the next trading day is expected to be 12.25 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 13.10. PPB Stock Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for PPB Group is based on an artificially constructed time series of PPB Group daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

PPB Group 8 Period Moving Average Price Forecast For the 23rd of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of PPB Group Bhd on the next trading day is expected to be 12.25 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.1, and the sum of the absolute errors of 13.10.
Please note that although there have been many attempts to predict PPB 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 PPB Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

PPB Group Stock Forecast Pattern

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PPB Group Forecasted Value

In the context of forecasting PPB Group'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. PPB Group's downside and upside margins for the forecasting period are 10.84 and 13.66, respectively. We have considered PPB Group'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
12.14
12.25
Expected Value
13.66
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of PPB Group stock data series using in forecasting. Note that when a statistical model is used to represent PPB Group 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.
AICAkaike Information Criteria101.0949
BiasArithmetic mean of the errors 0.2105
MADMean absolute deviation0.2471
MAPEMean absolute percentage error0.0187
SAESum of the absolute errors13.0975
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. PPB Group Bhd 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for PPB Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PPB Group Bhd. 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.
Hype
Prediction
LowEstimatedHigh
10.7312.1413.55
Details
Intrinsic
Valuation
LowRealHigh
9.5911.0012.41
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.7312.5613.38
Details

Other Forecasting Options for PPB Group

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

PPB Group 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 PPB Group stock to make a market-neutral strategy. Peer analysis of PPB Group could also be used in its relative valuation, which is a method of valuing PPB Group by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

PPB Group Bhd 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 PPB Group'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 PPB Group's current price.

PPB Group Market Strength Events

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

PPB Group Risk Indicators

The analysis of PPB Group'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 PPB Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ppb 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.
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.

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.

Other Information on Investing in PPB Stock

PPB Group financial ratios help investors to determine whether PPB 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 PPB with respect to the benefits of owning PPB Group security.