Indofood Sukses Pink Sheet Forecast - Polynomial Regression
| PIFMY Stock | USD 18.95 0.05 0.26% |
The Polynomial Regression forecasted value of Indofood Sukses Makmur on the next trading day is expected to be 18.51 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 18.05. Indofood Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Indofood Sukses stock prices and determine the direction of Indofood Sukses Makmur's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Indofood Sukses' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Indofood Sukses to cross-verify your projections. Indofood |
Most investors in Indofood Sukses 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 Indofood Sukses' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Indofood Sukses' price structures and extracts relationships that further increase the generated results' accuracy.
Indofood Sukses polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Indofood Sukses Makmur as well as the accuracy indicators are determined from the period prices. Indofood Sukses Polynomial Regression Price Forecast For the 25th of April
Given 90 days horizon, the Polynomial Regression forecasted value of Indofood Sukses Makmur on the next trading day is expected to be 18.51 with a mean absolute deviation of 0.30, mean absolute percentage error of 0.15, and the sum of the absolute errors of 18.05.Please note that although there have been many attempts to predict Indofood Pink Sheet 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 Indofood Sukses' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Indofood Sukses Pink Sheet Forecast Pattern
| Backtest Indofood Sukses | Indofood Sukses Price Prediction | Buy or Sell Advice |
Indofood Sukses Forecasted Value
In the context of forecasting Indofood Sukses' Pink Sheet 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. Indofood Sukses' downside and upside margins for the forecasting period are 16.89 and 20.12, respectively. We have considered Indofood Sukses' 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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Indofood Sukses pink sheet data series using in forecasting. Note that when a statistical model is used to represent Indofood Sukses pink sheet, 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 | 116.1952 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2959 |
| MAPE | Mean absolute percentage error | 0.0145 |
| SAE | Sum of the absolute errors | 18.0489 |
Predictive Modules for Indofood Sukses
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indofood Sukses Makmur. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Indofood Sukses' 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 Indofood Sukses
For every potential investor in Indofood, whether a beginner or expert, Indofood Sukses' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Indofood Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Indofood. Basic forecasting techniques help filter out the noise by identifying Indofood Sukses' price trends.Indofood Sukses 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 Indofood Sukses pink sheet to make a market-neutral strategy. Peer analysis of Indofood Sukses could also be used in its relative valuation, which is a method of valuing Indofood Sukses by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Indofood Sukses Makmur Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Indofood Sukses' 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 Indofood Sukses' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Indofood Sukses Market Strength Events
Market strength indicators help investors to evaluate how Indofood Sukses pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indofood Sukses shares will generate the highest return on investment. By undertsting and applying Indofood Sukses pink sheet market strength indicators, traders can identify Indofood Sukses Makmur entry and exit signals to maximize returns.
Indofood Sukses Risk Indicators
The analysis of Indofood Sukses' 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 Indofood Sukses' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting indofood pink sheet 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 | 1.03 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.11 |
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 Indofood Sukses Makmur 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 Indofood Sukses to cross-verify your projections. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Indofood Pink Sheet analysis
When running Indofood Sukses' price analysis, check to measure Indofood Sukses' 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 Indofood Sukses is operating at the current time. Most of Indofood Sukses' value examination focuses on studying past and present price action to predict the probability of Indofood Sukses' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indofood Sukses' price. Additionally, you may evaluate how the addition of Indofood Sukses to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |