Yieh Phui Stock Forecast - Polynomial Regression

2023 Stock  TWD 15.35  0.15  0.97%   
The Polynomial Regression forecasted value of Yieh Phui Enterprise on the next trading day is expected to be 15.55 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 12.92. Yieh Stock Forecast is based on your current time horizon.
  
Yieh Phui polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Yieh Phui Enterprise as well as the accuracy indicators are determined from the period prices.

Yieh Phui Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Yieh Phui Enterprise on the next trading day is expected to be 15.55 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.08, and the sum of the absolute errors of 12.92.
Please note that although there have been many attempts to predict Yieh 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 Yieh Phui's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Yieh Phui Stock Forecast Pattern

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Yieh Phui Forecasted Value

In the context of forecasting Yieh Phui'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. Yieh Phui's downside and upside margins for the forecasting period are 14.13 and 16.98, respectively. We have considered Yieh Phui'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
15.35
15.55
Expected Value
16.98
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Yieh Phui stock data series using in forecasting. Note that when a statistical model is used to represent Yieh Phui 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 Criteria115.5966
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2118
MAPEMean absolute percentage error0.0137
SAESum of the absolute errors12.9187
A single variable polynomial regression model attempts to put a curve through the Yieh Phui historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Yieh Phui

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yieh Phui Enterprise. 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
13.9315.3516.77
Details
Intrinsic
Valuation
LowRealHigh
12.9114.3315.75
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.0615.2615.45
Details

Other Forecasting Options for Yieh Phui

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

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

Yieh Phui Enterprise 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 Yieh Phui'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 Yieh Phui's current price.

Yieh Phui Market Strength Events

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

Yieh Phui Risk Indicators

The analysis of Yieh Phui'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 Yieh Phui's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yieh 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Yieh Stock Analysis

When running Yieh Phui's price analysis, check to measure Yieh Phui'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 Yieh Phui is operating at the current time. Most of Yieh Phui's value examination focuses on studying past and present price action to predict the probability of Yieh Phui's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yieh Phui's price. Additionally, you may evaluate how the addition of Yieh Phui to your portfolios can decrease your overall portfolio volatility.