HORNG SHIUE Stock Forecast - Naive Prediction

HORNG SHIUE Additional Predictive Modules

Most predictive techniques to examine HORNG price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for HORNG using various technical indicators. When you analyze HORNG 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. A naive forecasting model for HORNG SHIUE is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of HORNG SHIUE HOLDING value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

HORNG SHIUE Naive Prediction Price Forecast For the 23rd of January

Given 90 days horizon, the Naive Prediction forecasted value of HORNG SHIUE HOLDING on the next trading day is expected to be 12.10 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.65.

HORNG SHIUE Stock Forecast Pattern

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HORNG SHIUE Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of HORNG SHIUE stock data series using in forecasting. Note that when a statistical model is used to represent HORNG SHIUE 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. This model is not at all useful as a medium-long range forecasting tool of HORNG SHIUE HOLDING. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict HORNG SHIUE. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for HORNG SHIUE

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HORNG SHIUE HOLDING. 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 Low Estimated High 9.32 11.40 13.48 Details

Intrinsic Valuation Low Real High 9.34 11.42 13.51 Details

Bollinger Band Projection (param) Low Middle High 11.10 11.51 11.92 Details

HORNG SHIUE After-Hype Price Prediction Density Analysis

HORNG SHIUE Estimiated After-Hype Price Volatility

HORNG SHIUE Stock Price Prediction Analysis

HORNG SHIUE Hype Timeline

HORNG SHIUE HOLDING is presently traded for 11.40on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. HORNG 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 -0.08%. %. The volatility of related hype on HORNG SHIUE is about 0.0%, with the expected price after the next announcement by competition of 11.40. About 63.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.05. In the past many companies with similar price-to-book ratios have beat the market. HORNG SHIUE HOLDING recorded a loss per share of 1.54. The entity last dividend was issued on the 18th of July 2018. The firm had 1406:1373 split on the 30th of January 2023. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of HORNG SHIUE to cross-verify your projections.

HORNG SHIUE Related Hype Analysis

Other Forecasting Options for HORNG SHIUE

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

HORNG SHIUE Related Equities

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HORNG SHIUE Market Strength Events

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