Thanh Dat Stock Forecast - Simple Regression

DTD Stock   27,200  100.00  0.37%   
The Simple Regression forecasted value of Thanh Dat Investment on the next trading day is expected to be 26,811 with a mean absolute deviation of 589.86 and the sum of the absolute errors of 35,981. Thanh Stock Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Thanh Dat price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Thanh Dat Simple Regression Price Forecast For the 13th of December 2024

Given 90 days horizon, the Simple Regression forecasted value of Thanh Dat Investment on the next trading day is expected to be 26,811 with a mean absolute deviation of 589.86, mean absolute percentage error of 490,248, and the sum of the absolute errors of 35,981.
Please note that although there have been many attempts to predict Thanh 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 Thanh Dat's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Thanh Dat Stock Forecast Pattern

Backtest Thanh DatThanh Dat Price PredictionBuy or Sell Advice 

Thanh Dat Forecasted Value

In the context of forecasting Thanh Dat'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. Thanh Dat's downside and upside margins for the forecasting period are 26,809 and 26,814, respectively. We have considered Thanh Dat'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
27,200
26,809
Downside
26,811
Expected Value
26,814
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Thanh Dat stock data series using in forecasting. Note that when a statistical model is used to represent Thanh Dat 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 Criteria131.2132
BiasArithmetic mean of the errors None
MADMean absolute deviation589.857
MAPEMean absolute percentage error0.0229
SAESum of the absolute errors35981.2797
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Thanh Dat Investment historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Thanh Dat

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thanh Dat Investment. 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
27,19827,20027,202
Details
Intrinsic
Valuation
LowRealHigh
26,65426,65629,920
Details
Bollinger
Band Projection (param)
LowMiddleHigh
25,27526,55727,839
Details

Other Forecasting Options for Thanh Dat

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

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

Thanh Dat Investment 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 Thanh Dat'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 Thanh Dat's current price.

Thanh Dat Market Strength Events

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

Thanh Dat Risk Indicators

The analysis of Thanh Dat'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 Thanh Dat's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thanh 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.

Pair Trading with Thanh Dat

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thanh Dat position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thanh Dat will appreciate offsetting losses from the drop in the long position's value.

Moving against Thanh Stock

  0.61AME Alphanam MEPairCorr
  0.57AAA An Phat PlasticPairCorr
  0.52ADS Damsan JSCPairCorr
  0.48APG APG Securities JointPairCorr
  0.43AAM Mekong Fisheries JSCPairCorr
The ability to find closely correlated positions to Thanh Dat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thanh Dat when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thanh Dat - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thanh Dat Investment to buy it.
The correlation of Thanh Dat is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thanh Dat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thanh Dat Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thanh Dat can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Thanh Stock

Thanh Dat financial ratios help investors to determine whether Thanh 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 Thanh with respect to the benefits of owning Thanh Dat security.