Yuanta Securities Etf Forecast - 20 Period Moving Average

00674R Etf  TWD 9.61  0.03  0.31%   
The 20 Period Moving Average forecasted value of Yuanta Securities Investment on the next trading day is expected to be 9.55 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 8.33. Yuanta Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Yuanta Securities stock prices and determine the direction of Yuanta Securities Investment's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Yuanta Securities' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for Yuanta Securities Investment is based on a synthetically constructed Yuanta Securitiesdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Yuanta Securities 20 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of Yuanta Securities Investment on the next trading day is expected to be 9.55 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.05, and the sum of the absolute errors of 8.33.
Please note that although there have been many attempts to predict Yuanta Etf 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 Yuanta Securities' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Yuanta Securities Etf Forecast Pattern

Yuanta Securities Forecasted Value

In the context of forecasting Yuanta Securities' Etf 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. Yuanta Securities' downside and upside margins for the forecasting period are 8.68 and 10.42, respectively. We have considered Yuanta Securities' 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
9.61
9.55
Expected Value
10.42
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Yuanta Securities etf data series using in forecasting. Note that when a statistical model is used to represent Yuanta Securities etf, 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 Criteria80.2845
BiasArithmetic mean of the errors 0.0159
MADMean absolute deviation0.1983
MAPEMean absolute percentage error0.0209
SAESum of the absolute errors8.3265
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Yuanta Securities 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Yuanta Securities

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yuanta Securities. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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
LowEstimatedHigh
8.749.6110.48
Details
Intrinsic
Valuation
LowRealHigh
8.739.6010.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Yuanta Securities. Your research has to be compared to or analyzed against Yuanta Securities' peers to derive any actionable benefits. When done correctly, Yuanta Securities' 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 Yuanta Securities.

Other Forecasting Options for Yuanta Securities

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

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

Yuanta Securities Technical and Predictive Analytics

The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Yuanta Securities' 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 Yuanta Securities' current price.

Yuanta Securities Market Strength Events

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

Yuanta Securities Risk Indicators

The analysis of Yuanta Securities' 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 Yuanta Securities' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yuanta etf 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Yuanta Etf

Yuanta Securities financial ratios help investors to determine whether Yuanta Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Yuanta with respect to the benefits of owning Yuanta Securities security.