Young Shine Stock Forecast - Naive Prediction
| 2249 Stock | TWD 124.50 6.00 5.06% |
Young Stock outlook is based on your current time horizon.
The value of RSI of Young Shine's share price is above 70 as of today. This suggests that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Young, making its price go up or down. Momentum 74
Buy Stretched
Oversold | Overbought |
Using Young Shine hype-based prediction, you can estimate the value of Young Shine Electric from the perspective of Young Shine response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Young Shine Electric on the next trading day is expected to be 127.36 with a mean absolute deviation of 2.74 and the sum of the absolute errors of 167.06. Young Shine after-hype prediction price | TWD 118.5 |
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.
Young |
Young Shine Additional Predictive Modules
Most predictive techniques to examine Young price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Young using various technical indicators. When you analyze Young 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 |
Young Shine Naive Prediction Price Forecast For the 29th of January
Given 90 days horizon, the Naive Prediction forecasted value of Young Shine Electric on the next trading day is expected to be 127.36 with a mean absolute deviation of 2.74, mean absolute percentage error of 12.52, and the sum of the absolute errors of 167.06.Please note that although there have been many attempts to predict Young 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 Young Shine's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Young Shine Stock Forecast Pattern
| Backtest Young Shine | Young Shine Price Prediction | Buy or Sell Advice |
Young Shine Forecasted Value
In the context of forecasting Young Shine'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. Young Shine's downside and upside margins for the forecasting period are 124.78 and 129.93, respectively. We have considered Young Shine'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Young Shine stock data series using in forecasting. Note that when a statistical model is used to represent Young Shine 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 | 120.6378 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 2.7387 |
| MAPE | Mean absolute percentage error | 0.0282 |
| SAE | Sum of the absolute errors | 167.0612 |
Predictive Modules for Young Shine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Young Shine Electric. 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.Young Shine After-Hype Price Density Analysis
As far as predicting the price of Young Shine 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 Young Shine 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 Young Shine, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Young Shine Estimiated After-Hype Price Volatility
In the context of predicting Young Shine's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Young Shine's historical news coverage. Young Shine's after-hype downside and upside margins for the prediction period are 115.97 and 121.03, respectively. We have considered Young Shine'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Young Shine is very steady at this time. Analysis and calculation of next after-hype price of Young Shine Electric is based on 3 months time horizon.
Young Shine Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Young Shine is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Young Shine 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 Young Shine, 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 |
0.67 | 2.57 | 0.00 | 0.00 | 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 | |
124.50 | 118.50 | 0.00 |
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Young Shine Hype Timeline
Young Shine Electric is presently traded for 124.50on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Young 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 0.67%. %. The volatility of related hype on Young Shine is about 0.0%, with the expected price after the next announcement by competition of 124.50. The book value of the company was presently reported as 27.44. The company last dividend was issued on the 30th of August 2021. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Young Shine to cross-verify your projections.Young Shine Related Hype Analysis
Having access to credible news sources related to Young Shine's direct competition is more important than ever and may enhance your ability to predict Young Shine's future price movements. Getting to know how Young Shine'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 Young Shine may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 2252 | Cubtek Inc | 0.00 | 0 per month | 0.00 | (0.13) | 2.37 | (3.06) | 9.75 | |
| 4535 | Fine Blanking Tool | 0.00 | 0 per month | 0.63 | (0.07) | 1.07 | (1.21) | 3.78 | |
| 4581 | World Known MFG | 0.00 | 0 per month | 0.00 | (0.12) | 1.36 | (1.66) | 6.00 | |
| 4305 | Shih Kuen Plastics | 0.00 | 0 per month | 0.39 | (0.07) | 0.97 | (0.94) | 4.66 | |
| 1521 | Ta Yih Industrial | 0.00 | 0 per month | 0.88 | 0.06 | 2.15 | (1.88) | 13.61 | |
| 4420 | Kwang Ming Silk | 0.00 | 0 per month | 0.00 | (0.15) | 0.79 | (0.98) | 2.37 | |
| 1568 | Tsang Yow Industrial | 0.00 | 0 per month | 1.05 | 0.01 | 1.81 | (2.00) | 12.79 | |
| 2255 | JET Optoelectronics Co | 0.00 | 0 per month | 0.00 | (0.23) | 3.23 | (4.18) | 8.86 | |
| 1338 | Hiroca Holdings | 0.00 | 0 per month | 0.00 | (0.16) | 1.50 | (1.46) | 7.72 |
Other Forecasting Options for Young Shine
For every potential investor in Young, whether a beginner or expert, Young Shine's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Young Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Young. Basic forecasting techniques help filter out the noise by identifying Young Shine's price trends.Young Shine 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 Young Shine stock to make a market-neutral strategy. Peer analysis of Young Shine could also be used in its relative valuation, which is a method of valuing Young Shine by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Young Shine Market Strength Events
Market strength indicators help investors to evaluate how Young Shine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Young Shine shares will generate the highest return on investment. By undertsting and applying Young Shine stock market strength indicators, traders can identify Young Shine Electric entry and exit signals to maximize returns.
Young Shine Risk Indicators
The analysis of Young Shine'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 Young Shine's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting young 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 | 1.43 | |||
| Semi Deviation | 0.6695 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.16 | |||
| Downside Variance | 1.54 | |||
| Semi Variance | 0.4482 | |||
| Expected Short fall | (1.82) |
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 Young Shine
The number of cover stories for Young Shine depends on current market conditions and Young Shine's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Young Shine 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 Young Shine's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Young Shine Short Properties
Young Shine's future price predictability will typically decrease when Young Shine's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Young Shine Electric often depends not only on the future outlook of the potential Young Shine'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. Young Shine's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 2.50 | |
| Average Daily Volume Last 10 Day | 17.22k | |
| Average Daily Volume In Three Month | 18.83k | |
| Trailing Annual Dividend Yield | 4.39% |
Additional Tools for Young Stock Analysis
When running Young Shine's price analysis, check to measure Young Shine'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 Young Shine is operating at the current time. Most of Young Shine's value examination focuses on studying past and present price action to predict the probability of Young Shine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Young Shine's price. Additionally, you may evaluate how the addition of Young Shine to your portfolios can decrease your overall portfolio volatility.