Acset Indonusa Stock Forecast - 20 Period Moving Average

ACST Stock  IDR 91.00  1.00  1.09%   
The 20 Period Moving Average forecasted value of Acset Indonusa Tbk on the next trading day is expected to be 98.45 with a mean absolute deviation of 4.01 and the sum of the absolute errors of 164.60. Acset Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Acset Indonusa Tbk is based on a synthetically constructed Acset Indonusadaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Acset Indonusa 20 Period Moving Average Price Forecast For the 18th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Acset Indonusa Tbk on the next trading day is expected to be 98.45 with a mean absolute deviation of 4.01, mean absolute percentage error of 22.11, and the sum of the absolute errors of 164.60.
Please note that although there have been many attempts to predict Acset 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 Acset Indonusa's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Acset Indonusa Stock Forecast Pattern

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Acset Indonusa Forecasted Value

In the context of forecasting Acset Indonusa'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. Acset Indonusa's downside and upside margins for the forecasting period are 96.64 and 100.26, respectively. We have considered Acset Indonusa'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
91.00
98.45
Expected Value
100.26
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Acset Indonusa stock data series using in forecasting. Note that when a statistical model is used to represent Acset Indonusa 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 Criteria84.449
BiasArithmetic mean of the errors 3.9976
MADMean absolute deviation4.0146
MAPEMean absolute percentage error0.0403
SAESum of the absolute errors164.6
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. Acset Indonusa Tbk 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Acset Indonusa

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Acset Indonusa Tbk. 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
89.1991.0092.81
Details
Intrinsic
Valuation
LowRealHigh
80.9382.74100.10
Details

Other Forecasting Options for Acset Indonusa

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

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

Acset Indonusa Tbk 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 Acset Indonusa'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 Acset Indonusa's current price.

Acset Indonusa Market Strength Events

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

Acset Indonusa Risk Indicators

The analysis of Acset Indonusa'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 Acset Indonusa's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting acset 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.

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Other Information on Investing in Acset Stock

Acset Indonusa financial ratios help investors to determine whether Acset 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 Acset with respect to the benefits of owning Acset Indonusa security.