Cayman Engley Stock Forward View - Simple Regression

2239 Stock  TWD 28.55  0.25  0.87%   
Cayman Stock outlook is based on your current time horizon.
At this time, the value of RSI of Cayman Engley's share price is approaching 39. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Cayman Engley, making its price go up or down.

Momentum 39

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Cayman Engley's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Cayman Engley and does not consider all of the tangible or intangible factors available from Cayman Engley's fundamental data. We analyze noise-free headlines and recent hype associated with Cayman Engley Industrial, which may create opportunities for some arbitrage if properly timed.
Using Cayman Engley hype-based prediction, you can estimate the value of Cayman Engley Industrial from the perspective of Cayman Engley response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Cayman Engley Industrial on the next trading day is expected to be 32.93 with a mean absolute deviation of 3.31 and the sum of the absolute errors of 202.18.

Cayman Engley after-hype prediction price

    
  TWD 28.55  
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.
  
Check out Historical Fundamental Analysis of Cayman Engley to cross-verify your projections.

Cayman Engley Additional Predictive Modules

Most predictive techniques to examine Cayman price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cayman using various technical indicators. When you analyze Cayman 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Cayman Engley price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Cayman Engley Simple Regression Price Forecast For the 3rd of February

Given 90 days horizon, the Simple Regression forecasted value of Cayman Engley Industrial on the next trading day is expected to be 32.93 with a mean absolute deviation of 3.31, mean absolute percentage error of 12.41, and the sum of the absolute errors of 202.18.
Please note that although there have been many attempts to predict Cayman 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 Cayman Engley's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cayman Engley Stock Forecast Pattern

Backtest Cayman Engley  Cayman Engley Price Prediction  Research Analysis  

Cayman Engley Forecasted Value

In the context of forecasting Cayman Engley'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. Cayman Engley's downside and upside margins for the forecasting period are 30.41 and 35.44, respectively. We have considered Cayman Engley'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
28.55
32.93
Expected Value
35.44
Upside

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 Cayman Engley stock data series using in forecasting. Note that when a statistical model is used to represent Cayman Engley 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 Criteria120.6291
BiasArithmetic mean of the errors None
MADMean absolute deviation3.3144
MAPEMean absolute percentage error0.1015
SAESum of the absolute errors202.1777
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Cayman Engley Industrial historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Cayman Engley

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cayman Engley Industrial. 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
26.0428.5531.06
Details
Intrinsic
Valuation
LowRealHigh
23.4825.9931.41
Details
Bollinger
Band Projection (param)
LowMiddleHigh
25.9631.7937.62
Details

Cayman Engley After-Hype Price Density Analysis

As far as predicting the price of Cayman Engley 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 Cayman Engley 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 Cayman Engley, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Cayman Engley Estimiated After-Hype Price Volatility

In the context of predicting Cayman Engley's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cayman Engley's historical news coverage. Cayman Engley's after-hype downside and upside margins for the prediction period are 26.04 and 31.06, respectively. We have considered Cayman Engley'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
28.55
28.55
After-hype Price
31.06
Upside
Cayman Engley is very steady at this time. Analysis and calculation of next after-hype price of Cayman Engley Industrial is based on 3 months time horizon.

Cayman Engley Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Cayman Engley is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cayman Engley 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 Cayman Engley, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
2.51
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
28.55
28.55
0.00 
0.00  
Notes

Cayman Engley Hype Timeline

Cayman Engley Industrial is presently traded for 28.55on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Cayman 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 0.0%. %. The volatility of related hype on Cayman Engley is about 0.0%, with the expected price after the next announcement by competition of 28.55. About 68.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.68. In the past many companies with similar price-to-book ratios have beat the market. Cayman Engley Industrial last dividend was issued on the 21st of July 2022. The entity had 728:723 split on the 4th of July 2018. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Cayman Engley to cross-verify your projections.

Cayman Engley Related Hype Analysis

Having access to credible news sources related to Cayman Engley's direct competition is more important than ever and may enhance your ability to predict Cayman Engley's future price movements. Getting to know how Cayman Engley'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 Cayman Engley may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
4564Mosa Industrial Corp 0.00 0 per month 0.00 (0.07) 2.70 (2.82) 12.19 
2237RAC Electric Vehicles 0.00 0 per month 0.88  0.07  2.30 (1.77) 10.81 
2241Amulaire Thermal Technology 0.00 0 per month 0.00 (0.11) 2.89 (4.17) 12.98 
4557Yusin Holding Corp 0.00 0 per month 1.34 (0.03) 2.66 (2.40) 8.23 
1506Right Way Industrial 0.00 0 per month 1.14  0  2.56 (2.41) 14.20 
1339YCC Parts MFG 0.00 0 per month 0.00 (0.06) 3.31 (2.76) 9.69 
2254Coplus Inc 0.00 0 per month 0.65 (0.05) 1.03 (1.17) 3.38 
1533Mobiletron Electronics Co 0.00 0 per month 2.39  0.01  6.31 (3.93) 18.06 
45704570 0.00 0 per month 0.00  0.11  2.00 (1.09) 7.23 
2109Hwa Fong Rubber 0.00 0 per month 0.00 (0.10) 0.67 (0.98) 5.84 

Other Forecasting Options for Cayman Engley

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

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

Cayman Engley Market Strength Events

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

Cayman Engley Risk Indicators

The analysis of Cayman Engley'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 Cayman Engley's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cayman 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.

Story Coverage note for Cayman Engley

The number of cover stories for Cayman Engley depends on current market conditions and Cayman Engley's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cayman Engley 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 Cayman Engley's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for Cayman Stock Analysis

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