Wicaksana Overseas Stock Forecast - 20 Period Moving Average
| WICO Stock | IDR 123.00 0.00 0.00% |
The 20 Period Moving Average forecasted value of Wicaksana Overseas International on the next trading day is expected to be 123.00 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Wicaksana Stock Forecast is based on your current time horizon.
Wicaksana |
Wicaksana Overseas 20 Period Moving Average Price Forecast For the 17th of December 2024
Given 90 days horizon, the 20 Period Moving Average forecasted value of Wicaksana Overseas International on the next trading day is expected to be 123.00 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Wicaksana 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 Wicaksana Overseas' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wicaksana Overseas Stock Forecast Pattern
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Wicaksana Overseas Forecasted Value
In the context of forecasting Wicaksana Overseas' 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. Wicaksana Overseas' downside and upside margins for the forecasting period are 123.00 and 123.00, respectively. We have considered Wicaksana Overseas' 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Wicaksana Overseas stock data series using in forecasting. Note that when a statistical model is used to represent Wicaksana Overseas 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 | 19.7806 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Wicaksana Overseas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wicaksana Overseas. 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 Wicaksana Overseas
For every potential investor in Wicaksana, whether a beginner or expert, Wicaksana Overseas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wicaksana Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wicaksana. Basic forecasting techniques help filter out the noise by identifying Wicaksana Overseas' price trends.Wicaksana Overseas 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 Wicaksana Overseas stock to make a market-neutral strategy. Peer analysis of Wicaksana Overseas could also be used in its relative valuation, which is a method of valuing Wicaksana Overseas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wicaksana Overseas 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 Wicaksana Overseas' 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 Wicaksana Overseas' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Volume Indicators |
Wicaksana Overseas Market Strength Events
Market strength indicators help investors to evaluate how Wicaksana Overseas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wicaksana Overseas shares will generate the highest return on investment. By undertsting and applying Wicaksana Overseas stock market strength indicators, traders can identify Wicaksana Overseas International entry and exit signals to maximize returns.
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Wicaksana Overseas financial ratios help investors to determine whether Wicaksana 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 Wicaksana with respect to the benefits of owning Wicaksana Overseas security.