JYP Entertainment Stock Forecast - 4 Period Moving Average

A four-period moving average forecast model for JYP Entertainment Corp 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.

JYP Entertainment 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of JYP Entertainment Corp on the next trading day is expected to be 65,625 with a mean absolute deviation of 1,726, mean absolute percentage error of 5,701,730, and the sum of the absolute errors of 100,100.

JYP Entertainment Stock Forecast Pattern

JYP Entertainment Forecasted Value

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 JYP Entertainment stock data series using in forecasting. Note that when a statistical model is used to represent JYP Entertainment 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. 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 JYP Entertainment. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for JYP Entertainment Corp and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for JYP Entertainment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JYP Entertainment Corp. 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 JYP Entertainment

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

JYP Entertainment Related Equities

Risk & Return

Correlation

JYP Entertainment Corp 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 JYP Entertainment'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 JYP Entertainment's current price.

JYP Entertainment Market Strength Events

JYP Entertainment Risk Indicators

Pair Trading with JYP Entertainment

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 JYP Entertainment 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 JYP Entertainment will appreciate offsetting losses from the drop in the long position's value.