Korea Gas Stock Forecast - 4 Period Moving Average

A four-period moving average forecast model for Korea Gas 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.

Korea Gas 4 Period Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Korea Gas on the next trading day is expected to be 46,088 with a mean absolute deviation of 1,452, mean absolute percentage error of 3,898,895, and the sum of the absolute errors of 82,788.

Korea Gas Stock Forecast Pattern

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

Predictive Modules for Korea Gas

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Korea Gas. 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 Low Estimated High 46,347 46,350 46,353 Details

Intrinsic Valuation Low Real High 38,584 38,588 50,985 Details

Bollinger Band Projection (param) Low Middle High 37,593 42,975 48,357 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Korea Gas. Your research has to be compared to or analyzed against Korea Gas' peers to derive any actionable benefits. When done correctly, Korea Gas' 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 Korea Gas.

Other Forecasting Options for Korea Gas

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

Korea Gas Related Equities

Risk & Return

Correlation

Korea Gas 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 Korea Gas' 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 Korea Gas' current price.

Korea Gas Market Strength Events

Korea Gas Risk Indicators

Pair Trading with Korea Gas

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 Korea Gas 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 Korea Gas will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Korea Stock