JET Optoelectronics Stock Forecast - Simple Moving Average
| 2255 Stock | 20.70 0.50 2.48% |
Momentum 0
Sell Peaked
Oversold | Overbought |
Using JET Optoelectronics hype-based prediction, you can estimate the value of JET Optoelectronics Co from the perspective of JET Optoelectronics response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of JET Optoelectronics Co on the next trading day is expected to be 20.70 with a mean absolute deviation of 0.43 and the sum of the absolute errors of 25.75. JET Optoelectronics after-hype prediction price | TWD 20.7 |
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.
JET |
JET Optoelectronics Additional Predictive Modules
Most predictive techniques to examine JET price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for JET using various technical indicators. When you analyze JET 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 | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
JET Optoelectronics Simple Moving Average Price Forecast For the 25th of January
Given 90 days horizon, the Simple Moving Average forecasted value of JET Optoelectronics Co on the next trading day is expected to be 20.70 with a mean absolute deviation of 0.43, mean absolute percentage error of 0.30, and the sum of the absolute errors of 25.75.Please note that although there have been many attempts to predict JET 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 JET Optoelectronics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
JET Optoelectronics Stock Forecast Pattern
JET Optoelectronics Forecasted Value
In the context of forecasting JET Optoelectronics' 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. JET Optoelectronics' downside and upside margins for the forecasting period are 18.66 and 22.74, respectively. We have considered JET Optoelectronics' 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 Moving Average forecasting method's relative quality and the estimations of the prediction error of JET Optoelectronics stock data series using in forecasting. Note that when a statistical model is used to represent JET Optoelectronics 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 | 115.0844 |
| Bias | Arithmetic mean of the errors | 0.23 |
| MAD | Mean absolute deviation | 0.4292 |
| MAPE | Mean absolute percentage error | 0.0178 |
| SAE | Sum of the absolute errors | 25.75 |
Predictive Modules for JET Optoelectronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JET Optoelectronics. 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.JET Optoelectronics Estimiated After-Hype Price Prediction Volatility
As far as predicting the price of JET Optoelectronics 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 JET Optoelectronics 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 JET Optoelectronics, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
JET Optoelectronics Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as JET Optoelectronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading JET Optoelectronics 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 JET Optoelectronics, 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 |
0.57 | 2.04 | 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 | ||
20.70 | 20.70 | 0.00 |
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JET Optoelectronics Hype Timeline
JET Optoelectronics is presently traded for 20.70on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. JET 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 -0.57%. %. The volatility of related hype on JET Optoelectronics is about 0.0%, with the expected price after the next announcement by competition of 20.70. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.JET Optoelectronics Related Hype Analysis
Having access to credible news sources related to JET Optoelectronics' direct competition is more important than ever and may enhance your ability to predict JET Optoelectronics' future price movements. Getting to know how JET Optoelectronics' 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 JET Optoelectronics may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 1338 | Hiroca Holdings | 0.00 | 0 per month | 0.00 | (0.14) | 1.50 | (1.46) | 7.72 | |
| 4581 | World Known MFG | 0.00 | 0 per month | 0.00 | (0.12) | 0.98 | (1.66) | 6.00 | |
| 1521 | Ta Yih Industrial | 0.00 | 0 per month | 0.75 | 0.09 | 2.15 | (1.88) | 13.61 | |
| 2252 | Cubtek Inc | 0.00 | 0 per month | 0.00 | (0.11) | 3.24 | (3.43) | 9.75 | |
| 1336 | Taihan Precision Technology | 0.00 | 0 per month | 0.00 | (0.09) | 1.92 | (1.83) | 5.06 | |
| 2249 | Young Shine Electric | 0.00 | 0 per month | 0.48 | 0.20 | 4.47 | (1.80) | 17.20 | |
| 4305 | Shih Kuen Plastics | 0.00 | 0 per month | 0.38 | (0.06) | 0.97 | (0.94) | 4.66 | |
| 4528 | Chian Hsing Forging | 0.00 | 0 per month | 1.22 | 0.03 | 2.68 | (2.23) | 13.41 | |
| 1526 | Sun Race Sturmey Archer | 0.00 | 0 per month | 1.63 | 0.05 | 4.30 | (3.30) | 15.73 | |
| 4535 | Fine Blanking Tool | 0.00 | 0 per month | 0.64 | (0.11) | 1.05 | (1.21) | 3.78 |
Other Forecasting Options for JET Optoelectronics
For every potential investor in JET, whether a beginner or expert, JET Optoelectronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JET Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JET. Basic forecasting techniques help filter out the noise by identifying JET Optoelectronics' price trends.JET Optoelectronics 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 JET Optoelectronics stock to make a market-neutral strategy. Peer analysis of JET Optoelectronics could also be used in its relative valuation, which is a method of valuing JET Optoelectronics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
JET Optoelectronics Market Strength Events
Market strength indicators help investors to evaluate how JET Optoelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JET Optoelectronics shares will generate the highest return on investment. By undertsting and applying JET Optoelectronics stock market strength indicators, traders can identify JET Optoelectronics Co entry and exit signals to maximize returns.
| Accumulation Distribution | 249.75 | |||
| Daily Balance Of Power | 1.666667 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 20.55 | |||
| Day Typical Price | 20.6 | |||
| Price Action Indicator | 0.4 | |||
| Period Momentum Indicator | 0.5 |
JET Optoelectronics Risk Indicators
The analysis of JET Optoelectronics' 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 JET Optoelectronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jet 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 | 1.46 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.97 |
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 JET Optoelectronics
The number of cover stories for JET Optoelectronics depends on current market conditions and JET Optoelectronics' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that JET Optoelectronics 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 JET Optoelectronics' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for JET Stock Analysis
When running JET Optoelectronics' price analysis, check to measure JET Optoelectronics' 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 JET Optoelectronics is operating at the current time. Most of JET Optoelectronics' value examination focuses on studying past and present price action to predict the probability of JET Optoelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JET Optoelectronics' price. Additionally, you may evaluate how the addition of JET Optoelectronics to your portfolios can decrease your overall portfolio volatility.