Singer Thailand Stock Forecast - Simple Exponential Smoothing

SINGER Stock  THB 8.65  0.10  1.14%   
The Simple Exponential Smoothing forecasted value of Singer Thailand Public on the next trading day is expected to be 8.65 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 12.35. Singer Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Singer Thailand stock prices and determine the direction of Singer Thailand Public's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Singer Thailand's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Singer Thailand simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Singer Thailand Public are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Singer Thailand Public prices get older.

Singer Thailand Simple Exponential Smoothing Price Forecast For the 14th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Singer Thailand Public on the next trading day is expected to be 8.65 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.1, and the sum of the absolute errors of 12.35.
Please note that although there have been many attempts to predict Singer 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 Singer Thailand's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Singer Thailand Stock Forecast Pattern

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Singer Thailand Forecasted Value

In the context of forecasting Singer Thailand'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. Singer Thailand's downside and upside margins for the forecasting period are 5.74 and 11.56, respectively. We have considered Singer Thailand'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
8.65
8.65
Expected Value
11.56
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Singer Thailand stock data series using in forecasting. Note that when a statistical model is used to represent Singer Thailand 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 Criteria115.7968
BiasArithmetic mean of the errors 0.0549
MADMean absolute deviation0.2025
MAPEMean absolute percentage error0.0197
SAESum of the absolute errors12.35
This simple exponential smoothing model begins by setting Singer Thailand Public forecast for the second period equal to the observation of the first period. In other words, recent Singer Thailand observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Singer Thailand

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Singer Thailand 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 Singer Thailand'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
5.748.6511.56
Details
Intrinsic
Valuation
LowRealHigh
5.087.9910.90
Details

Other Forecasting Options for Singer Thailand

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

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

Singer Thailand 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 Singer Thailand'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 Singer Thailand's current price.

Singer Thailand Market Strength Events

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

Singer Thailand Risk Indicators

The analysis of Singer Thailand'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 Singer Thailand's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting singer 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 Singer Stock

Singer Thailand financial ratios help investors to determine whether Singer 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 Singer with respect to the benefits of owning Singer Thailand security.