INtRON Biotechnology Stock Forecast - 4 Period Moving Average

048530 Stock  KRW 5,610  90.00  1.58%   
The 4 Period Moving Average forecasted value of iNtRON Biotechnology on the next trading day is expected to be 5,690 with a mean absolute deviation of 121.58 and the sum of the absolute errors of 6,930. INtRON Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast INtRON Biotechnology stock prices and determine the direction of iNtRON Biotechnology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of INtRON Biotechnology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for iNtRON Biotechnology 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.

INtRON Biotechnology 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of iNtRON Biotechnology on the next trading day is expected to be 5,690 with a mean absolute deviation of 121.58, mean absolute percentage error of 23,861, and the sum of the absolute errors of 6,930.
Please note that although there have been many attempts to predict INtRON 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 INtRON Biotechnology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

INtRON Biotechnology Stock Forecast Pattern

Backtest INtRON BiotechnologyINtRON Biotechnology Price PredictionBuy or Sell Advice 

INtRON Biotechnology Forecasted Value

In the context of forecasting INtRON Biotechnology'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. INtRON Biotechnology's downside and upside margins for the forecasting period are 5,688 and 5,692, respectively. We have considered INtRON Biotechnology'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
5,610
5,690
Expected Value
5,692
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 INtRON Biotechnology stock data series using in forecasting. Note that when a statistical model is used to represent INtRON Biotechnology 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 Criteria120.839
BiasArithmetic mean of the errors 29.5614
MADMean absolute deviation121.5789
MAPEMean absolute percentage error0.0209
SAESum of the absolute errors6930.0
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 INtRON Biotechnology. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for iNtRON Biotechnology and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for INtRON Biotechnology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as iNtRON Biotechnology. 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
5,6085,6105,612
Details
Intrinsic
Valuation
LowRealHigh
4,7664,7686,171
Details
Bollinger
Band Projection (param)
LowMiddleHigh
5,5555,6405,725
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as INtRON Biotechnology. Your research has to be compared to or analyzed against INtRON Biotechnology's peers to derive any actionable benefits. When done correctly, INtRON Biotechnology's 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 iNtRON Biotechnology.

Other Forecasting Options for INtRON Biotechnology

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

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

iNtRON Biotechnology 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 INtRON Biotechnology'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 INtRON Biotechnology's current price.

INtRON Biotechnology Market Strength Events

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

INtRON Biotechnology Risk Indicators

The analysis of INtRON Biotechnology'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 INtRON Biotechnology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting intron 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 INtRON Biotechnology

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 INtRON Biotechnology 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 INtRON Biotechnology will appreciate offsetting losses from the drop in the long position's value.

Moving together with INtRON Stock

  0.71302440 SK BiosciencePairCorr
  0.71054180 MEDICOXPairCorr

Moving against INtRON Stock

  0.37088130 Dong A Eltek SplitPairCorr
The ability to find closely correlated positions to INtRON Biotechnology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INtRON Biotechnology 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 INtRON Biotechnology - 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 iNtRON Biotechnology to buy it.
The correlation of INtRON Biotechnology 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 INtRON Biotechnology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iNtRON Biotechnology 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 INtRON Biotechnology 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 INtRON Stock

INtRON Biotechnology financial ratios help investors to determine whether INtRON 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 INtRON with respect to the benefits of owning INtRON Biotechnology security.