Sappe Public Stock Forecast - Polynomial Regression

SAPPE Stock  THB 76.00  0.25  0.33%   
The Polynomial Regression forecasted value of Sappe Public on the next trading day is expected to be 79.31 with a mean absolute deviation of 2.05 and the sum of the absolute errors of 127.36. Sappe Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sappe Public stock prices and determine the direction of Sappe Public's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sappe Public's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Sappe Public polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Sappe Public as well as the accuracy indicators are determined from the period prices.

Sappe Public Polynomial Regression Price Forecast For the 13th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Sappe Public on the next trading day is expected to be 79.31 with a mean absolute deviation of 2.05, mean absolute percentage error of 5.80, and the sum of the absolute errors of 127.36.
Please note that although there have been many attempts to predict Sappe 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 Sappe Public's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sappe Public Stock Forecast Pattern

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Sappe Public Forecasted Value

In the context of forecasting Sappe Public'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. Sappe Public's downside and upside margins for the forecasting period are 76.80 and 81.83, respectively. We have considered Sappe Public'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
76.00
79.31
Expected Value
81.83
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Sappe Public stock data series using in forecasting. Note that when a statistical model is used to represent Sappe Public 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 Criteria121.7054
BiasArithmetic mean of the errors None
MADMean absolute deviation2.0542
MAPEMean absolute percentage error0.0288
SAESum of the absolute errors127.3593
A single variable polynomial regression model attempts to put a curve through the Sappe Public historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Sappe Public

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sappe 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sappe Public's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
73.4976.0078.51
Details
Intrinsic
Valuation
LowRealHigh
59.8162.3283.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
61.6671.4981.33
Details

Other Forecasting Options for Sappe Public

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

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

Sappe 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 Sappe Public'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 Sappe Public's current price.

Sappe Public Market Strength Events

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

Sappe Public Risk Indicators

The analysis of Sappe Public'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 Sappe Public's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sappe 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 Sappe Stock

Sappe Public financial ratios help investors to determine whether Sappe 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 Sappe with respect to the benefits of owning Sappe Public security.