Indofood Sukses Pink Sheet Forecast - Simple Regression

PIFMY Stock  USD 20.35  0.05  0.25%   
The Simple Regression forecasted value of Indofood Sukses Makmur on the next trading day is expected to be 20.49 with a mean absolute deviation of  0.33  and the sum of the absolute errors of 20.26. 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.
  
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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Indofood Sukses price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Indofood Sukses Simple Regression Price Forecast For the 30th of March

Given 90 days horizon, the Simple Regression forecasted value of Indofood Sukses Makmur on the next trading day is expected to be 20.49 with a mean absolute deviation of 0.33, mean absolute percentage error of 0.17, and the sum of the absolute errors of 20.26.
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

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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 18.89 and 22.09, 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.
Market Value
20.35
20.49
Expected Value
22.09
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple 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.
AICAkaike Information Criteria118.1778
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3268
MAPEMean absolute percentage error0.0159
SAESum of the absolute errors20.2625
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Indofood Sukses Makmur historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

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.
Hype
Prediction
LowEstimatedHigh
18.7520.3521.95
Details
Intrinsic
Valuation
LowRealHigh
18.8420.4422.04
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.0520.6821.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Indofood Sukses. Your research has to be compared to or analyzed against Indofood Sukses' peers to derive any actionable benefits. When done correctly, Indofood Sukses' 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 Indofood Sukses Makmur.

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.

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.
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 Indofood Sukses 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, Indofood Sukses' short interest history, or implied volatility extrapolated from Indofood Sukses options trading.

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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.

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Check out Historical Fundamental Analysis of Indofood Sukses to cross-verify your projections.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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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.
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Please note, there is a significant difference between Indofood Sukses' value and its price as these two are different measures arrived at by different means. Investors typically determine if Indofood Sukses is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indofood Sukses' 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.