Thai Airways Pink Sheet Forecast - Naive Prediction

Thai Airways Additional Predictive Modules

Most predictive techniques to examine Thai price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Thai using various technical indicators. When you analyze Thai charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. A naive forecasting model for Thai Airways is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Thai Airways International 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.

Thai Airways Naive Prediction Price Forecast For the 29th of January

Given 90 days horizon, the Naive Prediction forecasted value of Thai Airways International on the next trading day is expected to be 0.23 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.57.

Thai Airways Pink Sheet Forecast Pattern

Backtest Thai Airways

Thai Airways Price Prediction

Buy or Sell Advice

Thai Airways Forecasted Value

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 Thai Airways pink sheet data series using in forecasting. Note that when a statistical model is used to represent Thai Airways 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. This model is not at all useful as a medium-long range forecasting tool of Thai Airways International. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Thai Airways. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Thai Airways

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Airways Interna. 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.

Hype Prediction Low Estimated High 0.01 0.21 4.77 Details

Intrinsic Valuation Low Real High 0.01 0.20 4.76 Details

Bollinger Band Projection (param) Low Middle High 0.19 0.23 0.26 Details

Thai Airways After-Hype Price Density Analysis

Thai Airways Estimiated After-Hype Price Volatility

Thai Airways Pink Sheet Price Outlook Analysis

Notes

Thai Airways Hype Timeline

Thai Airways Interna is at this time traded for 0.22. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Thai is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at -0.35%. %. The volatility of related hype on Thai Airways is about 0.0%, with the expected price after the next announcement by competition of 0.22. The company has price-to-book ratio of 0.61. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thai Airways Interna last dividend was issued on the 13th of March 2013. Assuming the 90 days horizon the next estimated press release will be within a week. Check out Historical Fundamental Analysis of Thai Airways to cross-verify your projections.

Thai Airways Related Hype Analysis

Other Forecasting Options for Thai Airways

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

Thai Airways Related Equities

Risk & Return

Correlation

Thai Airways Market Strength Events

Thai Airways Risk Indicators

Story Coverage note for Thai Airways

Other Macroaxis Stories

Other Information on Investing in Thai Pink Sheet