Bangkok Dusit Pink Sheet Forecast - 20 Period Moving Average

BDUUY Stock  USD 32.33  0.00  0.00%   
The 20 Period Moving Average forecasted value of Bangkok Dusit Medical on the next trading day is expected to be 32.33 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Bangkok Pink Sheet Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Bangkok Dusit Medical is based on a synthetically constructed Bangkok Dusitdaily 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.

Bangkok Dusit 20 Period Moving Average Price Forecast For the 30th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of Bangkok Dusit Medical on the next trading day is expected to be 32.33 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Bangkok 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 Bangkok Dusit's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bangkok Dusit Pink Sheet Forecast Pattern

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Bangkok Dusit Forecasted Value

In the context of forecasting Bangkok Dusit'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. Bangkok Dusit's downside and upside margins for the forecasting period are 32.33 and 32.33, respectively. We have considered Bangkok Dusit'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
32.33
32.33
Expected Value
32.33
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 Bangkok Dusit pink sheet data series using in forecasting. Note that when a statistical model is used to represent Bangkok Dusit 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.
AICAkaike Information Criteria17.5834
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
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. Bangkok Dusit Medical 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Bangkok Dusit

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bangkok Dusit Medical. 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 Bangkok Dusit'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
LowEstimatedHigh
32.3332.3332.33
Details
Intrinsic
Valuation
LowRealHigh
32.3332.3332.33
Details

Other Forecasting Options for Bangkok Dusit

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

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

Bangkok Dusit Medical 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 Bangkok Dusit'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 Bangkok Dusit's current price.

Bangkok Dusit Market Strength Events

Market strength indicators help investors to evaluate how Bangkok Dusit 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 Bangkok Dusit shares will generate the highest return on investment. By undertsting and applying Bangkok Dusit pink sheet market strength indicators, traders can identify Bangkok Dusit Medical entry and exit signals to maximize returns.

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.

Additional Tools for Bangkok Pink Sheet Analysis

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