BTS Rail Stock Forecast - Naive Prediction
| BTSGIF Stock | THB 3.50 0.06 1.69% |
The Naive Prediction forecasted value of BTS Rail Mass on the next trading day is expected to be 3.47 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.80. BTS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BTS Rail stock prices and determine the direction of BTS Rail Mass's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BTS Rail's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of BTS Rail to cross-verify your projections. BTS |
Most investors in BTS Rail cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the BTS Rail's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BTS Rail's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for BTS Rail is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of BTS Rail Mass value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period. BTS Rail Naive Prediction Price Forecast For the 2nd of June
Given 90 days horizon, the Naive Prediction forecasted value of BTS Rail Mass on the next trading day is expected to be 3.47 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.80.Please note that although there have been many attempts to predict BTS 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 BTS Rail's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
BTS Rail Stock Forecast Pattern
| Backtest BTS Rail | BTS Rail Price Prediction | Buy or Sell Advice |
BTS Rail Forecasted Value
In the context of forecasting BTS Rail'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. BTS Rail's downside and upside margins for the forecasting period are 2.90 and 4.05, respectively. We have considered BTS Rail'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of BTS Rail stock data series using in forecasting. Note that when a statistical model is used to represent BTS Rail 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 | 109.8871 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0132 |
| MAPE | Mean absolute percentage error | 0.0037 |
| SAE | Sum of the absolute errors | 0.8024 |
Predictive Modules for BTS Rail
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BTS Rail Mass. 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 BTS Rail'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.
Other Forecasting Options for BTS Rail
For every potential investor in BTS, whether a beginner or expert, BTS Rail's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BTS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BTS. Basic forecasting techniques help filter out the noise by identifying BTS Rail's price trends.BTS Rail 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 BTS Rail stock to make a market-neutral strategy. Peer analysis of BTS Rail could also be used in its relative valuation, which is a method of valuing BTS Rail by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BTS Rail Mass 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 BTS Rail'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 BTS Rail's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BTS Rail Market Strength Events
Market strength indicators help investors to evaluate how BTS Rail stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BTS Rail shares will generate the highest return on investment. By undertsting and applying BTS Rail stock market strength indicators, traders can identify BTS Rail Mass entry and exit signals to maximize returns.
BTS Rail Risk Indicators
The analysis of BTS Rail'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 BTS Rail's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bts 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 | 0.4823 | |||
| Semi Deviation | 0.5269 | |||
| Standard Deviation | 0.6383 | |||
| Variance | 0.4074 | |||
| Downside Variance | 0.6397 | |||
| Semi Variance | 0.2777 | |||
| Expected Short fall | (0.74) |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as BTS Rail Mass using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of BTS Rail to cross-verify your projections. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for BTS Stock analysis
When running BTS Rail's price analysis, check to measure BTS Rail'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 BTS Rail is operating at the current time. Most of BTS Rail's value examination focuses on studying past and present price action to predict the probability of BTS Rail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTS Rail's price. Additionally, you may evaluate how the addition of BTS Rail to your portfolios can decrease your overall portfolio volatility.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Stocks Directory Find actively traded stocks across global markets |