Interlink Telecom Stock Forecast - Simple Moving Average

ITEL Stock  THB 2.24  0.04  1.75%   
The Simple Moving Average forecasted value of Interlink Telecom Public on the next trading day is expected to be 2.26 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.21. Interlink Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for Interlink Telecom is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Interlink Telecom Simple Moving Average Price Forecast For the 5th of December

Given 90 days horizon, the Simple Moving Average forecasted value of Interlink Telecom Public on the next trading day is expected to be 2.26 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.21.
Please note that although there have been many attempts to predict Interlink 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 Interlink Telecom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Interlink Telecom Stock Forecast Pattern

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Interlink Telecom Forecasted Value

In the context of forecasting Interlink Telecom'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. Interlink Telecom's downside and upside margins for the forecasting period are 0.02 and 5.29, respectively. We have considered Interlink Telecom'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
2.24
2.26
Expected Value
5.29
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Interlink Telecom stock data series using in forecasting. Note that when a statistical model is used to represent Interlink Telecom 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 Criteria109.203
BiasArithmetic mean of the errors -0.0046
MADMean absolute deviation0.0544
MAPEMean absolute percentage error0.0243
SAESum of the absolute errors3.21
The simple moving average model is conceptually a linear regression of the current value of Interlink Telecom Public price series against current and previous (unobserved) value of Interlink Telecom. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Interlink Telecom

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Interlink Telecom 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
0.112.285.30
Details
Intrinsic
Valuation
LowRealHigh
0.091.894.91
Details

Other Forecasting Options for Interlink Telecom

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

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

Interlink Telecom 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 Interlink Telecom'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 Interlink Telecom's current price.

Interlink Telecom Market Strength Events

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

Interlink Telecom Risk Indicators

The analysis of Interlink Telecom'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 Interlink Telecom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting interlink 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 Interlink Stock

Interlink Telecom financial ratios help investors to determine whether Interlink 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 Interlink with respect to the benefits of owning Interlink Telecom security.