First Copper Stock Forward View - Simple Regression
| 2009 Stock | TWD 46.50 0.15 0.32% |
First Stock outlook is based on your current time horizon.
The value of RSI of First Copper's stock price is slightly above 65. This suggests that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling First, making its price go up or down. Momentum 65
Buy Extended
Oversold | Overbought |
Using First Copper hype-based prediction, you can estimate the value of First Copper Technology from the perspective of First Copper response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of First Copper Technology on the next trading day is expected to be 49.52 with a mean absolute deviation of 2.83 and the sum of the absolute errors of 172.92. First Copper after-hype prediction price | TWD 46.5 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
First |
First Copper Additional Predictive Modules
Most predictive techniques to examine First price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for First using various technical indicators. When you analyze First 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
First Copper Simple Regression Price Forecast For the 2nd of March
Given 90 days horizon, the Simple Regression forecasted value of First Copper Technology on the next trading day is expected to be 49.52 with a mean absolute deviation of 2.83, mean absolute percentage error of 10.90, and the sum of the absolute errors of 172.92.Please note that although there have been many attempts to predict First Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that First Copper's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
First Copper Stock Forecast Pattern
| Backtest First Copper | First Copper Price Prediction | Research Analysis |
First Copper Forecasted Value
In the context of forecasting First Copper'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. First Copper's downside and upside margins for the forecasting period are 45.52 and 53.52, respectively. We have considered First Copper'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of First Copper stock data series using in forecasting. Note that when a statistical model is used to represent First Copper 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.| AIC | Akaike Information Criteria | 120.4991 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 2.8347 |
| MAPE | Mean absolute percentage error | 0.0611 |
| SAE | Sum of the absolute errors | 172.9196 |
Predictive Modules for First Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Copper Technology. 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.First Copper After-Hype Price Density Analysis
As far as predicting the price of First Copper at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in First Copper or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of First Copper, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
First Copper Estimiated After-Hype Price Volatility
In the context of predicting First Copper's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on First Copper's historical news coverage. First Copper's after-hype downside and upside margins for the prediction period are 42.50 and 50.50, respectively. We have considered First Copper's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
First Copper is not too volatile at this time. Analysis and calculation of next after-hype price of First Copper Technology is based on 3 months time horizon.
First Copper Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as First Copper is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Copper backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with First Copper, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.22 | 4.00 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
46.50 | 46.50 | 0.00 |
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First Copper Hype Timeline
First Copper Technology is presently traded for 46.50on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. First 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 0.22%. %. The volatility of related hype on First Copper is about 0.0%, with the expected price after the next announcement by competition of 46.50. About 54.0% of the company shares are owned by insiders or employees . The book value of First Copper was presently reported as 11.84. The company has Price/Earnings (P/E) ratio of 291.76. First Copper Technology last dividend was issued on the 14th of July 2022. The entity had 100:100 split on the 6th of August 2003. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of First Copper to cross-verify your projections.First Copper Related Hype Analysis
Having access to credible news sources related to First Copper's direct competition is more important than ever and may enhance your ability to predict First Copper's future price movements. Getting to know how First Copper's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how First Copper may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 6127 | Leatec Fine Ceramics | 0.00 | 0 per month | 2.99 | 0.11 | 9.94 | (4.62) | 17.37 | |
| 6209 | Kinko Optical Co | 0.00 | 0 per month | 3.09 | 0.06 | 6.86 | (5.14) | 18.33 | |
| 1777 | SYN Tech Chem Pharm | 0.00 | 0 per month | 0.00 | (0.26) | 1.10 | (1.30) | 2.96 | |
| 5236 | Sunplus Innovation Technology | 0.00 | 0 per month | 1.66 | (0.05) | 2.58 | (2.86) | 7.15 | |
| 6606 | Kent Industrial Co | 0.00 | 0 per month | 0.69 | (0.08) | 1.72 | (1.02) | 5.65 | |
| 3073 | Teamphon Energy Co | 0.00 | 0 per month | 2.90 | 0.01 | 9.96 | (5.44) | 19.16 | |
| 2485 | Zinwell | 0.00 | 0 per month | 3.05 | 0.28 | 9.98 | (5.98) | 19.99 | |
| 2412 | Chunghwa Telecom Co | 0.00 | 0 per month | 0.43 | (0.11) | 0.77 | (0.76) | 1.92 | |
| 00923 | Capital Tip Customized | 0.00 | 0 per month | 0.68 | 0.26 | 2.81 | (1.59) | 6.43 | |
| 4714 | U Best Polymer Industry | 0.00 | 0 per month | 0.00 | (0.05) | 3.90 | (3.11) | 9.75 |
Other Forecasting Options for First Copper
For every potential investor in First, whether a beginner or expert, First Copper's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First Copper's price trends.First Copper 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 First Copper stock to make a market-neutral strategy. Peer analysis of First Copper could also be used in its relative valuation, which is a method of valuing First Copper by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
First Copper Market Strength Events
Market strength indicators help investors to evaluate how First Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Copper shares will generate the highest return on investment. By undertsting and applying First Copper stock market strength indicators, traders can identify First Copper Technology entry and exit signals to maximize returns.
First Copper Risk Indicators
The analysis of First Copper'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 First Copper's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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.
| Mean Deviation | 2.95 | |||
| Semi Deviation | 3.93 | |||
| Standard Deviation | 3.99 | |||
| Variance | 15.88 | |||
| Downside Variance | 16.21 | |||
| Semi Variance | 15.42 | |||
| Expected Short fall | (3.02) |
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.
Story Coverage note for First Copper
The number of cover stories for First Copper depends on current market conditions and First Copper's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that First Copper is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about First Copper's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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First Copper Short Properties
First Copper's future price predictability will typically decrease when First Copper's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of First Copper Technology often depends not only on the future outlook of the potential First Copper's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. First Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 359.6 M | |
| Dividends Paid | 286.4 M | |
| Short Long Term Debt | 1.3 B | |
| Forward Annual Dividend Rate | 1 |
Additional Tools for First Stock Analysis
When running First Copper's price analysis, check to measure First Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Copper is operating at the current time. Most of First Copper's value examination focuses on studying past and present price action to predict the probability of First Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Copper's price. Additionally, you may evaluate how the addition of First Copper to your portfolios can decrease your overall portfolio volatility.