Kyeryong Construction Stock Forecast - 4 Period Moving Average
013580 Stock | 13,080 260.00 1.95% |
The 4 Period Moving Average forecasted value of Kyeryong Construction Industrial on the next trading day is expected to be 13,200 with a mean absolute deviation of 169.25 and the sum of the absolute errors of 9,648. Kyeryong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kyeryong Construction stock prices and determine the direction of Kyeryong Construction Industrial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kyeryong Construction's historical fundamentals, such as revenue growth or operating cash flow patterns.
Kyeryong |
Kyeryong Construction 4 Period Moving Average Price Forecast For the 3rd of December
Given 90 days horizon, the 4 Period Moving Average forecasted value of Kyeryong Construction Industrial on the next trading day is expected to be 13,200 with a mean absolute deviation of 169.25, mean absolute percentage error of 47,877, and the sum of the absolute errors of 9,648.Please note that although there have been many attempts to predict Kyeryong 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 Kyeryong Construction's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Kyeryong Construction Stock Forecast Pattern
Backtest Kyeryong Construction | Kyeryong Construction Price Prediction | Buy or Sell Advice |
Kyeryong Construction Forecasted Value
In the context of forecasting Kyeryong Construction'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. Kyeryong Construction's downside and upside margins for the forecasting period are 13,199 and 13,201, respectively. We have considered Kyeryong Construction'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Kyeryong Construction stock data series using in forecasting. Note that when a statistical model is used to represent Kyeryong Construction 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.AIC | Akaike Information Criteria | 121.5354 |
Bias | Arithmetic mean of the errors | 53.8158 |
MAD | Mean absolute deviation | 169.2544 |
MAPE | Mean absolute percentage error | 0.0125 |
SAE | Sum of the absolute errors | 9647.5 |
Predictive Modules for Kyeryong Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kyeryong Construction. 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.Other Forecasting Options for Kyeryong Construction
For every potential investor in Kyeryong, whether a beginner or expert, Kyeryong Construction's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kyeryong Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kyeryong. Basic forecasting techniques help filter out the noise by identifying Kyeryong Construction's price trends.Kyeryong Construction 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 Kyeryong Construction stock to make a market-neutral strategy. Peer analysis of Kyeryong Construction could also be used in its relative valuation, which is a method of valuing Kyeryong Construction by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Kyeryong Construction 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 Kyeryong Construction'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 Kyeryong Construction's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Kyeryong Construction Market Strength Events
Market strength indicators help investors to evaluate how Kyeryong Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kyeryong Construction shares will generate the highest return on investment. By undertsting and applying Kyeryong Construction stock market strength indicators, traders can identify Kyeryong Construction Industrial entry and exit signals to maximize returns.
Accumulation Distribution | 0.0277 | |||
Daily Balance Of Power | (0.70) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 13155.0 | |||
Day Typical Price | 13130.0 | |||
Market Facilitation Index | 370.0 | |||
Price Action Indicator | (205.00) | |||
Period Momentum Indicator | (260.00) |
Kyeryong Construction Risk Indicators
The analysis of Kyeryong Construction'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 Kyeryong Construction's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kyeryong 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.
Mean Deviation | 0.7599 | |||
Standard Deviation | 1.08 | |||
Variance | 1.17 |
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.
Pair Trading with Kyeryong Construction
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kyeryong Construction position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kyeryong Construction will appreciate offsetting losses from the drop in the long position's value.Moving together with Kyeryong Stock
0.65 | 293780 | AptaBio Therapeutics | PairCorr |
0.88 | 215480 | Daewoo SBI SPAC | PairCorr |
0.84 | 302430 | Innometry | PairCorr |
Moving against Kyeryong Stock
The ability to find closely correlated positions to Kyeryong Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kyeryong Construction when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kyeryong Construction - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kyeryong Construction Industrial to buy it.
The correlation of Kyeryong Construction is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kyeryong Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kyeryong Construction moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kyeryong Construction can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Kyeryong Stock
Kyeryong Construction financial ratios help investors to determine whether Kyeryong Stock 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 Kyeryong with respect to the benefits of owning Kyeryong Construction security.