Semyung Electric Stock Forecast - 4 Period Moving Average

017510 Stock  KRW 4,655  155.00  3.22%   
The 4 Period Moving Average forecasted value of Semyung Electric Machinery on the next trading day is expected to be 4,731 with a mean absolute deviation of 170.95 and the sum of the absolute errors of 9,915. Semyung Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Semyung Electric stock prices and determine the direction of Semyung Electric Machinery's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Semyung Electric's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Semyung Electric Machinery is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Semyung Electric 4 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Semyung Electric Machinery on the next trading day is expected to be 4,731 with a mean absolute deviation of 170.95, mean absolute percentage error of 48,468, and the sum of the absolute errors of 9,915.
Please note that although there have been many attempts to predict Semyung 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 Semyung Electric's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Semyung Electric Stock Forecast Pattern

Backtest Semyung ElectricSemyung Electric Price PredictionBuy or Sell Advice 

Semyung Electric Forecasted Value

In the context of forecasting Semyung Electric'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. Semyung Electric's downside and upside margins for the forecasting period are 4,728 and 4,735, respectively. We have considered Semyung Electric'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.
Market Value
4,655
4,731
Expected Value
4,735
Upside

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 Semyung Electric stock data series using in forecasting. Note that when a statistical model is used to represent Semyung Electric 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.
AICAkaike Information Criteria123.3855
BiasArithmetic mean of the errors 53.4914
MADMean absolute deviation170.9483
MAPEMean absolute percentage error0.0324
SAESum of the absolute errors9915.0
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Semyung Electric. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Semyung Electric Machinery and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Semyung Electric

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Semyung Electric Mac. 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.
Hype
Prediction
LowEstimatedHigh
4,6524,6554,658
Details
Intrinsic
Valuation
LowRealHigh
4,2274,2305,120
Details

Other Forecasting Options for Semyung Electric

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

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

Semyung Electric Mac 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 Semyung Electric'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 Semyung Electric's current price.

Semyung Electric Market Strength Events

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

Semyung Electric Risk Indicators

The analysis of Semyung Electric'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 Semyung Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting semyung 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.
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 Semyung Electric

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 Semyung Electric 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 Semyung Electric will appreciate offsetting losses from the drop in the long position's value.

Moving together with Semyung Stock

  0.9054210 ElentecPairCorr
  0.68090360 Robostar CoLtdPairCorr
  0.67126700 HyVision SystemPairCorr
  0.86290670 Daebo Magnetic CoLtdPairCorr

Moving against Semyung Stock

  0.62032830 Samsung LifePairCorr
  0.54105560 KB Financial GroupPairCorr
  0.35316140 Woori Financial GroupPairCorr
The ability to find closely correlated positions to Semyung Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Semyung Electric 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 Semyung Electric - 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 Semyung Electric Machinery to buy it.
The correlation of Semyung Electric 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 Semyung Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Semyung Electric Mac 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 Semyung Electric 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Semyung Stock

Semyung Electric financial ratios help investors to determine whether Semyung 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 Semyung with respect to the benefits of owning Semyung Electric security.