Delta Electronics Stock Forecast - 20 Period Moving Average

DELTA Stock  THB 151.00  1.00  0.66%   
The 20 Period Moving Average forecasted value of Delta Electronics Public on the next trading day is expected to be 155.78 with a mean absolute deviation of 13.59 and the sum of the absolute errors of 557.03. Delta Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Delta Electronics stock prices and determine the direction of Delta Electronics Public's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Delta Electronics' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for Delta Electronics Public is based on a synthetically constructed Delta Electronicsdaily 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.

Delta Electronics 20 Period Moving Average Price Forecast For the 5th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of Delta Electronics Public on the next trading day is expected to be 155.78 with a mean absolute deviation of 13.59, mean absolute percentage error of 256.11, and the sum of the absolute errors of 557.03.
Please note that although there have been many attempts to predict Delta 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 Delta Electronics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Delta Electronics Stock Forecast Pattern

Backtest Delta ElectronicsDelta Electronics Price PredictionBuy or Sell Advice 

Delta Electronics Forecasted Value

In the context of forecasting Delta Electronics' 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. Delta Electronics' downside and upside margins for the forecasting period are 152.58 and 158.97, respectively. We have considered Delta Electronics' 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
151.00
152.58
Downside
155.78
Expected Value
158.97
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 Delta Electronics stock data series using in forecasting. Note that when a statistical model is used to represent Delta Electronics 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 Criteria86.8986
BiasArithmetic mean of the errors -11.825
MADMean absolute deviation13.586
MAPEMean absolute percentage error0.0939
SAESum of the absolute errors557.025
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. Delta Electronics Public 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Delta Electronics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delta Electronics Public. 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
147.81151.00154.19
Details
Intrinsic
Valuation
LowRealHigh
117.98121.17166.10
Details
Bollinger
Band Projection (param)
LowMiddleHigh
143.53151.92160.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Delta Electronics. Your research has to be compared to or analyzed against Delta Electronics' peers to derive any actionable benefits. When done correctly, Delta Electronics' 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 Delta Electronics Public.

Other Forecasting Options for Delta Electronics

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

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

Delta Electronics Public 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 Delta Electronics' 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 Delta Electronics' current price.

Delta Electronics Market Strength Events

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

Delta Electronics Risk Indicators

The analysis of Delta Electronics' 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 Delta Electronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting delta 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Delta Stock

Delta Electronics financial ratios help investors to determine whether Delta 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 Delta with respect to the benefits of owning Delta Electronics security.