Khon Kaen Stock Forecast - Polynomial Regression

KSL Stock  THB 2.34  0.04  1.68%   
The Polynomial Regression forecasted value of Khon Kaen Sugar on the next trading day is expected to be 2.37 with a mean absolute deviation of  0.03  and the sum of the absolute errors of 1.82. Khon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Khon Kaen stock prices and determine the direction of Khon Kaen Sugar's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Khon Kaen's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Khon Kaen to cross-verify your projections.
  
Most investors in Khon Kaen 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 Khon Kaen's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Khon Kaen's price structures and extracts relationships that further increase the generated results' accuracy.
Khon Kaen polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Khon Kaen Sugar as well as the accuracy indicators are determined from the period prices.

Khon Kaen Polynomial Regression Price Forecast For the 6th of May

Given 90 days horizon, the Polynomial Regression forecasted value of Khon Kaen Sugar on the next trading day is expected to be 2.37 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.82.
Please note that although there have been many attempts to predict Khon 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 Khon Kaen's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Khon Kaen Stock Forecast Pattern

Backtest Khon KaenKhon Kaen Price PredictionBuy or Sell Advice 

Khon Kaen Forecasted Value

In the context of forecasting Khon Kaen'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. Khon Kaen's downside and upside margins for the forecasting period are 1.14 and 3.61, respectively. We have considered Khon Kaen'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
2.34
2.37
Expected Value
3.61
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Khon Kaen stock data series using in forecasting. Note that when a statistical model is used to represent Khon Kaen 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 Criteria111.4437
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0298
MAPEMean absolute percentage error0.0123
SAESum of the absolute errors1.8188
A single variable polynomial regression model attempts to put a curve through the Khon Kaen historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Khon Kaen

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Khon Kaen Sugar. 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 Khon Kaen'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
1.112.343.57
Details
Intrinsic
Valuation
LowRealHigh
0.782.013.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Khon Kaen. Your research has to be compared to or analyzed against Khon Kaen's peers to derive any actionable benefits. When done correctly, Khon Kaen's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Khon Kaen Sugar.

Other Forecasting Options for Khon Kaen

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

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

Khon Kaen Sugar 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 Khon Kaen'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 Khon Kaen's current price.

Khon Kaen Market Strength Events

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

Khon Kaen Risk Indicators

The analysis of Khon Kaen'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 Khon Kaen's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting khon 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Khon Kaen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Khon Kaen's short interest history, or implied volatility extrapolated from Khon Kaen options trading.

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Check out Historical Fundamental Analysis of Khon Kaen to cross-verify your projections.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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Please note, there is a significant difference between Khon Kaen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Khon Kaen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Khon Kaen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.