Nantex Industry Stock Forward View - 20 Period Moving Average

Stocks . Taiwan . 
Stock . Nantex Industry Co
2108 Stock  TWD 29.25  0.75  2.63%   
Nantex Industry's 20 Period Moving Average forecast is computed from observed closing prices over the selected horizon. The accuracy statistics below distinguish a well-fitted model from one that is smoothing over meaningful price movement. The 20 Period Moving Average model projects Nantex Industry at 26.89 for the next trading day, below the most recent closing price. The 20 Period Moving Average output reflects statistical model results and is provided for reference purposes.
The 20-period moving average forecast for Nantex Industry Co replaces each daily value with the mean of that value and the 20 preceding closing prices. This is a widely used smoothing window that spans approximately one month of trading data.

20 Period Moving Average Price Forecast For the 12th of May 2026

Over a 90-day horizon, the 20 Period Moving Average model forecasts Nantex Industry at 26.89 for the next trading day, with a mean absolute deviation of 0.61 , mean absolute percentage error of 0.02 , and sum of absolute errors of 24.97 .
This represents a tight forecast with good short-term tracking of Nantex Industry's price movement. This output is intended for short-term analytical reference.

Stock Forecast Pattern

Backtest Nantex Industry  Nantex Industry Price Prediction  Research Analysis  

Forecasted Value

Nantex Industry's next-session forecast estimates practical downside and upside boundaries based on the model's historical fit. The forecast band spans 23.74 to 30.03. The wide range indicates elevated uncertainty in short-term projections.
Market Value
29.25
23.74
Downside
26.89
Expected Value
30.03
Upside
Target Odds

Model Predictive Factors

The table below summarizes the 20 Period Moving Average model's error metrics for Nantex Industry stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.
AICAkaike Information Criteria81.0667
BiasArithmetic mean of the errors -0.5126
MADMean absolute deviation0.6091
MAPEMean absolute percentage error0.0224
SAESum of the absolute errors24.9725
The broader window aggressively filters short-term noise in Nantex Industry price data, producing a smooth trend line. This makes it useful for identifying the prevailing direction of Nantex Industry prices but slow to respond to reversals. The model is reliable only for very short-term projections (one to two periods).

Other Forecasting Options for Nantex Industry

Analyzing Nantex Industry's price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Nantex Industry's chart signal overbought or oversold conditions.
Naive Prediction
Simple Exponential Smoothing
Double Exponential Smoothing
Triple Exponential Smoothing
Simple Regression
Polynomial Regression
Simple Moving Average
4 Period Moving Average
8 Period Moving Average
20 Period Moving Average

Nantex Industry Related Equities

The peer firms below within the Materials space frame Nantex Industry's pricing and running costs in context. Profit comparisons show whether Nantex Industry earns above or below average returns next to its peers. When Nantex Industry breaks from its peer group on a key metric, it often signals a firm-level change worth exploring. This peer set gives the context needed for a well-rounded view of Nantex Industry.
 Risk & Return  Correlation

Nantex Industry Market Strength Events

For investors tracking Nantex Industry Co, market strength indicators offer quantitative evaluation of stock behavior. When Rate of Change diverges from price direction, it often signals weakening momentum before a visible reversal in Nantex Industry.
Accumulation Distribution135633.0
Daily Balance Of Power0.6
Rate Of Daily Change1.03
Day Median Price29.33
Day Typical Price29.3
Price Action Indicator0.3
Period Momentum Indicator0.75
Relative Strength Index63.2

Nantex Industry Risk Indicators

Analyzing Nantex Industry's basic risk indicators provides a structured view of the risk-return trade-off for nantex industry stock. Expected shortfall estimates the average loss in the worst-case tail scenarios, going beyond what standard deviation alone captures for Nantex Industry.
Mean Deviation2.16
Semi Deviation2.67
Standard Deviation3.21
Variance10.31
Downside Variance9.47
Semi Variance7.15
Expected Short fall-2.60
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.

Additional Tools for Nantex Industry Stock Analysis

Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfoliosPrice TransformationUse Price Transformation models to analyze the depth of different equity instruments across global marketsPortfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targetsTechnical AnalysisCheck basic technical indicators and analysis based on most latest market dataPortfolio ProphetUse AI to generate optimal portfolios and find investment opportunitiesETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investmentsPair CorrelationCompare performance and examine fundamental relationship between any two equity instrumentsEquity AnalysisResearch over 250,000 global equities including funds, stocks and ETFs to find investment opportunitiesInstant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Tools
Analysis
Directory
Company
2026 Macroaxis LLC Made with in San Francisco
Privacy Terms Widgets Feedback
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and conditions page.