Kino Indonesia Stock Forecast - 8 Period Moving Average
| KINO Stock | IDR 1,200 5.00 0.41% |
The 8 Period Moving Average forecasted value of Kino Indonesia Tbk on the next trading day is expected to be 1,202 with a mean absolute deviation of 13.23 and the sum of the absolute errors of 714.38. Kino Stock Forecast is based on your current time horizon.
Kino |
Kino Indonesia 8 Period Moving Average Price Forecast For the 14th of December 2024
Given 90 days horizon, the 8 Period Moving Average forecasted value of Kino Indonesia Tbk on the next trading day is expected to be 1,202 with a mean absolute deviation of 13.23, mean absolute percentage error of 271.82, and the sum of the absolute errors of 714.38.Please note that although there have been many attempts to predict Kino 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 Kino Indonesia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Kino Indonesia Stock Forecast Pattern
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Kino Indonesia Forecasted Value
In the context of forecasting Kino Indonesia'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. Kino Indonesia's downside and upside margins for the forecasting period are 1,201 and 1,203, respectively. We have considered Kino Indonesia'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Kino Indonesia stock data series using in forecasting. Note that when a statistical model is used to represent Kino Indonesia 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.| AIC | Akaike Information Criteria | 110.8505 |
| Bias | Arithmetic mean of the errors | 10.7523 |
| MAD | Mean absolute deviation | 13.2292 |
| MAPE | Mean absolute percentage error | 0.0106 |
| SAE | Sum of the absolute errors | 714.375 |
Predictive Modules for Kino Indonesia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kino Indonesia Tbk. 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.Other Forecasting Options for Kino Indonesia
For every potential investor in Kino, whether a beginner or expert, Kino Indonesia's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kino Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kino. Basic forecasting techniques help filter out the noise by identifying Kino Indonesia's price trends.Kino Indonesia 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 Kino Indonesia stock to make a market-neutral strategy. Peer analysis of Kino Indonesia could also be used in its relative valuation, which is a method of valuing Kino Indonesia by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kino Indonesia Tbk 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 Kino Indonesia'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 Kino Indonesia's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Kino Indonesia Market Strength Events
Market strength indicators help investors to evaluate how Kino Indonesia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kino Indonesia shares will generate the highest return on investment. By undertsting and applying Kino Indonesia stock market strength indicators, traders can identify Kino Indonesia Tbk entry and exit signals to maximize returns.
| Accumulation Distribution | 18.18 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1205.0 | |||
| Day Typical Price | 1203.33 | |||
| Market Facilitation Index | 0.0045 | |||
| Price Action Indicator | (7.50) | |||
| Period Momentum Indicator | (5.00) |
Kino Indonesia Risk Indicators
The analysis of Kino Indonesia'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 Kino Indonesia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kino 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.
| Mean Deviation | 0.5473 | |||
| Standard Deviation | 0.7455 | |||
| Variance | 0.5558 |
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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Kino Indonesia financial ratios help investors to determine whether Kino 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 Kino with respect to the benefits of owning Kino Indonesia security.