Hecto Innovation Stock Forward View - Simple Exponential Smoothing
| 214180 Stock | KRW 22,550 550.00 2.50% |
Hecto Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Hecto Innovation stock prices and determine the direction of Hecto Innovation Co's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Hecto Innovation's historical fundamentals, such as revenue growth or operating cash flow patterns.
The value of RSI of Hecto Innovation's stock price is about 63. This suggests that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Hecto, making its price go up or down. Momentum 63
Buy Extended
Oversold | Overbought |
Using Hecto Innovation hype-based prediction, you can estimate the value of Hecto Innovation Co from the perspective of Hecto Innovation response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Hecto Innovation Co on the next trading day is expected to be 22,550 with a mean absolute deviation of 548.17 and the sum of the absolute errors of 32,890. Hecto Innovation after-hype prediction price | KRW 22550.0 |
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.
Hecto |
Hecto Innovation Additional Predictive Modules
Most predictive techniques to examine Hecto price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hecto using various technical indicators. When you analyze Hecto 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 |
Hecto Innovation Simple Exponential Smoothing Price Forecast For the 25th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Hecto Innovation Co on the next trading day is expected to be 22,550 with a mean absolute deviation of 548.17, mean absolute percentage error of 817,215, and the sum of the absolute errors of 32,890.Please note that although there have been many attempts to predict Hecto 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 Hecto Innovation's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Hecto Innovation Stock Forecast Pattern
| Backtest Hecto Innovation | Hecto Innovation Price Prediction | Research Analysis |
Hecto Innovation Forecasted Value
In the context of forecasting Hecto Innovation'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. Hecto Innovation's downside and upside margins for the forecasting period are 22,545 and 22,555, respectively. We have considered Hecto Innovation'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Hecto Innovation stock data series using in forecasting. Note that when a statistical model is used to represent Hecto Innovation 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 | 129.8863 |
| Bias | Arithmetic mean of the errors | -116.5 |
| MAD | Mean absolute deviation | 548.1667 |
| MAPE | Mean absolute percentage error | 0.0278 |
| SAE | Sum of the absolute errors | 32890.0 |
Predictive Modules for Hecto Innovation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hecto Innovation. 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.Hecto Innovation After-Hype Price Density Analysis
As far as predicting the price of Hecto Innovation 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 Hecto Innovation 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 Hecto Innovation, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Hecto Innovation Estimiated After-Hype Price Volatility
In the context of predicting Hecto Innovation's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hecto Innovation's historical news coverage. Hecto Innovation's after-hype downside and upside margins for the prediction period are 22,545 and 22,555, respectively. We have considered Hecto Innovation'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
Hecto Innovation is very steady at this time. Analysis and calculation of next after-hype price of Hecto Innovation is based on 3 months time horizon.
Hecto Innovation Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Hecto Innovation is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hecto Innovation 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 Hecto Innovation, 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 |
0.77 | 4.63 | 0.00 | 0.02 | 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 | |
22,550 | 22,550 | 0.00 |
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Hecto Innovation Hype Timeline
Hecto Innovation is presently traded for 22,550on KOSDAQ of Korea. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.02. Hecto is forecasted 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 forecasted to be very small, whereas the daily expected return is presently at 0.77%. %. The volatility of related hype on Hecto Innovation is about 16836.36%, with the expected price after the next announcement by competition of 22,550. About 36.0% of the company shares are owned by insiders or employees . The company had not issued any dividends in recent years. Hecto Innovation had 2:1 split on the 20th of April 2017. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Hecto Innovation to cross-verify your projections.Hecto Innovation Related Hype Analysis
Having access to credible news sources related to Hecto Innovation's direct competition is more important than ever and may enhance your ability to predict Hecto Innovation's future price movements. Getting to know how Hecto Innovation'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 Hecto Innovation may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 254120 | Xavis Co | 0.00 | 0 per month | 0.00 | (0.06) | 4.50 | (4.32) | 30.05 | |
| 353190 | Hurum Co | 0.00 | 0 per month | 0.00 | (0.13) | 2.08 | (2.50) | 6.63 | |
| 336570 | Daishin Balance No8 | 0.00 | 0 per month | 2.89 | (0.0007) | 4.57 | (4.37) | 19.11 | |
| 034830 | Korea Real Estate | (0.11) | 3 per month | 1.25 | 0.08 | 2.53 | (2.39) | 7.28 |
Other Forecasting Options for Hecto Innovation
For every potential investor in Hecto, whether a beginner or expert, Hecto Innovation's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hecto Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hecto. Basic forecasting techniques help filter out the noise by identifying Hecto Innovation's price trends.Hecto Innovation 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 Hecto Innovation stock to make a market-neutral strategy. Peer analysis of Hecto Innovation could also be used in its relative valuation, which is a method of valuing Hecto Innovation by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hecto Innovation Market Strength Events
Market strength indicators help investors to evaluate how Hecto Innovation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hecto Innovation shares will generate the highest return on investment. By undertsting and applying Hecto Innovation stock market strength indicators, traders can identify Hecto Innovation Co entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0553 | |||
| Daily Balance Of Power | 0.4231 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 22850.0 | |||
| Day Typical Price | 22750.0 | |||
| Market Facilitation Index | 1300.0 | |||
| Price Action Indicator | (25.00) | |||
| Period Momentum Indicator | 550.0 | |||
| Relative Strength Index | 63.58 |
Hecto Innovation Risk Indicators
The analysis of Hecto Innovation'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 Hecto Innovation's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hecto 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 | 2.76 | |||
| Semi Deviation | 2.67 | |||
| Standard Deviation | 4.45 | |||
| Variance | 19.79 | |||
| Downside Variance | 10.52 | |||
| Semi Variance | 7.12 | |||
| Expected Short fall | (3.04) |
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 Hecto Innovation
The number of cover stories for Hecto Innovation depends on current market conditions and Hecto Innovation's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Hecto Innovation 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 Hecto Innovation'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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Hecto Innovation Short Properties
Hecto Innovation's future price predictability will typically decrease when Hecto Innovation's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hecto Innovation Co often depends not only on the future outlook of the potential Hecto Innovation'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. Hecto Innovation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.1 M | |
| Cash And Short Term Investments | 240.5 B |
Other Information on Investing in Hecto Stock
Hecto Innovation financial ratios help investors to determine whether Hecto 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 Hecto with respect to the benefits of owning Hecto Innovation security.