Sri Rejeki Stock Forecast - Naive Prediction
| SRIL Stock | IDR 146.00 0.00 0.00% |
The Naive Prediction forecasted value of Sri Rejeki IsmanPT on the next trading day is expected to be 146.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Sri Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sri Rejeki stock prices and determine the direction of Sri Rejeki IsmanPT's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sri Rejeki's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Sri Rejeki to cross-verify your projections. Sri |
Most investors in Sri Rejeki 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 Sri Rejeki's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sri Rejeki's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Sri Rejeki is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Sri Rejeki IsmanPT 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. Sri Rejeki Naive Prediction Price Forecast For the 2nd of June
Given 90 days horizon, the Naive Prediction forecasted value of Sri Rejeki IsmanPT on the next trading day is expected to be 146.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict Sri 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 Sri Rejeki's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sri Rejeki Stock Forecast Pattern
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Sri Rejeki Forecasted Value
In the context of forecasting Sri Rejeki'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. Sri Rejeki's downside and upside margins for the forecasting period are 146.00 and 146.00, respectively. We have considered Sri Rejeki'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 Sri Rejeki stock data series using in forecasting. Note that when a statistical model is used to represent Sri Rejeki 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 | -9.223372036854776E14 |
| 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 Sri Rejeki
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sri Rejeki IsmanPT. 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 Sri Rejeki'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 Sri Rejeki
For every potential investor in Sri, whether a beginner or expert, Sri Rejeki's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sri Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sri. Basic forecasting techniques help filter out the noise by identifying Sri Rejeki's price trends.Sri Rejeki 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 Sri Rejeki stock to make a market-neutral strategy. Peer analysis of Sri Rejeki could also be used in its relative valuation, which is a method of valuing Sri Rejeki by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sri Rejeki IsmanPT 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 Sri Rejeki'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 Sri Rejeki's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sri Rejeki Market Strength Events
Market strength indicators help investors to evaluate how Sri Rejeki stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sri Rejeki shares will generate the highest return on investment. By undertsting and applying Sri Rejeki stock market strength indicators, traders can identify Sri Rejeki IsmanPT entry and exit signals to maximize returns.
Becoming a Better Investor with Macroaxis
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Check out Historical Fundamental Analysis of Sri Rejeki to cross-verify your projections. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Sri Stock analysis
When running Sri Rejeki's price analysis, check to measure Sri Rejeki'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 Sri Rejeki is operating at the current time. Most of Sri Rejeki's value examination focuses on studying past and present price action to predict the probability of Sri Rejeki's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sri Rejeki's price. Additionally, you may evaluate how the addition of Sri Rejeki to your portfolios can decrease your overall portfolio volatility.
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