Dian Swastatika Stock Forecast - Naive Prediction

DSSA Stock  IDR 41,100  925.00  2.30%   
The Naive Prediction forecasted value of Dian Swastatika Sentosa on the next trading day is expected to be 42,765 with a mean absolute deviation of 954.00 and the sum of the absolute errors of 58,194. Dian Stock Forecast is based on your current time horizon.
  
A naive forecasting model for Dian Swastatika is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Dian Swastatika Sentosa value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Dian Swastatika Naive Prediction Price Forecast For the 16th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Dian Swastatika Sentosa on the next trading day is expected to be 42,765 with a mean absolute deviation of 954.00, mean absolute percentage error of 1,422,595, and the sum of the absolute errors of 58,194.
Please note that although there have been many attempts to predict Dian 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 Dian Swastatika's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dian Swastatika Stock Forecast Pattern

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Dian Swastatika Forecasted Value

In the context of forecasting Dian Swastatika'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. Dian Swastatika's downside and upside margins for the forecasting period are 42,763 and 42,768, respectively. We have considered Dian Swastatika'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
41,100
42,763
Downside
42,765
Expected Value
42,768
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Dian Swastatika stock data series using in forecasting. Note that when a statistical model is used to represent Dian Swastatika 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 Criteria132.2785
BiasArithmetic mean of the errors None
MADMean absolute deviation953.9992
MAPEMean absolute percentage error0.0234
SAESum of the absolute errors58193.9496
This model is not at all useful as a medium-long range forecasting tool of Dian Swastatika Sentosa. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Dian Swastatika. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Dian Swastatika

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dian Swastatika Sentosa. 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
41,09841,10041,102
Details
Intrinsic
Valuation
LowRealHigh
34,59534,59845,210
Details
Bollinger
Band Projection (param)
LowMiddleHigh
36,19638,98541,774
Details

Other Forecasting Options for Dian Swastatika

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

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

Dian Swastatika Sentosa 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 Dian Swastatika'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 Dian Swastatika's current price.

Dian Swastatika Market Strength Events

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

Dian Swastatika Risk Indicators

The analysis of Dian Swastatika'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 Dian Swastatika's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dian 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 Dian Stock

Dian Swastatika financial ratios help investors to determine whether Dian 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 Dian with respect to the benefits of owning Dian Swastatika security.