Chang Ho Stock Forecast - Naive Prediction

Chang Ho Additional Predictive Modules

Most predictive techniques to examine Chang price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Chang using various technical indicators. When you analyze Chang charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. A naive forecasting model for Chang Ho is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Chang Ho Fibre value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Chang Ho Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of Chang Ho Fibre on the next trading day is expected to be 13.31 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.30.

Chang Ho Stock Forecast Pattern

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Chang Ho Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Chang Ho stock data series using in forecasting. Note that when a statistical model is used to represent Chang Ho 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. This model is not at all useful as a medium-long range forecasting tool of Chang Ho Fibre. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Chang Ho. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Chang Ho

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chang Ho Fibre. 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 11.58 13.20 14.82 Details

Intrinsic Valuation Low Real High 10.85 12.47 14.09 Details

Bollinger Band Projection (param) Low Middle High 11.32 11.96 12.60 Details

Chang Ho After-Hype Price Prediction Density Analysis

Chang Ho Estimiated After-Hype Price Volatility

Chang Ho Stock Price Prediction Analysis

Chang Ho Hype Timeline

Chang Ho Fibre is presently traded for 13.20on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Chang is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is presently at 0.21%. %. The volatility of related hype on Chang Ho is about 0.0%, with the expected price after the next announcement by competition of 13.20. About 85.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.66. In the past many companies with similar price-to-book ratios have beat the market. Chang Ho Fibre last dividend was issued on the 2nd of July 2003. The entity had 108:100 split on the 14th of August 2001. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Chang Ho to cross-verify your projections.

Chang Ho Related Hype Analysis

Other Forecasting Options for Chang Ho

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

Chang Ho Related Equities

Risk & Return

Correlation

Chang Ho Market Strength Events

Chang Ho Risk Indicators

Story Coverage note for Chang Ho

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Additional Tools for Chang Stock Analysis