Trio Tech Stock Forecast - 4 Period Moving Average

TRT Stock  USD 6.19  0.19  3.17%   
The 4 Period Moving Average forecasted value of Trio Tech International on the next trading day is expected to be 6.10 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 14.08. Trio Stock Forecast is based on your current time horizon.
  
At this time, Trio Tech's Receivables Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 1.22 in 2024, whereas Inventory Turnover is likely to drop 9.97 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 1.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 3.7 M in 2024.
A four-period moving average forecast model for Trio Tech International is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Trio Tech 4 Period Moving Average Price Forecast For the 22nd of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Trio Tech International on the next trading day is expected to be 6.10 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.10, and the sum of the absolute errors of 14.08.
Please note that although there have been many attempts to predict Trio 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 Trio Tech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Trio Tech Stock Forecast Pattern

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Trio Tech Forecasted Value

In the context of forecasting Trio Tech'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. Trio Tech's downside and upside margins for the forecasting period are 2.69 and 9.52, respectively. We have considered Trio Tech'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
6.19
6.10
Expected Value
9.52
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Trio Tech stock data series using in forecasting. Note that when a statistical model is used to represent Trio Tech 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 Criteria110.2972
BiasArithmetic mean of the errors -0.0234
MADMean absolute deviation0.2428
MAPEMean absolute percentage error0.0366
SAESum of the absolute errors14.08
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Trio Tech. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Trio Tech International and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Trio Tech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trio Tech International. 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
2.646.069.48
Details
Intrinsic
Valuation
LowRealHigh
2.776.199.61
Details

Other Forecasting Options for Trio Tech

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

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 Risk & Return  Correlation

Trio Tech International 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 Trio Tech'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 Trio Tech's current price.

Trio Tech Market Strength Events

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

Trio Tech Risk Indicators

The analysis of Trio Tech'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 Trio Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trio 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.

Thematic Opportunities

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Additional Tools for Trio Stock Analysis

When running Trio Tech's price analysis, check to measure Trio Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trio Tech is operating at the current time. Most of Trio Tech's value examination focuses on studying past and present price action to predict the probability of Trio Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Tech's price. Additionally, you may evaluate how the addition of Trio Tech to your portfolios can decrease your overall portfolio volatility.