Kaimei Electronic Stock Forecast - Polynomial Regression

2375 Stock  TWD 68.30  4.90  7.73%   
The Polynomial Regression forecasted value of Kaimei Electronic Corp on the next trading day is expected to be 64.64 with a mean absolute deviation of 1.14 and the sum of the absolute errors of 69.46. Kaimei Stock Forecast is based on your current time horizon.
  
Kaimei Electronic polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Kaimei Electronic Corp as well as the accuracy indicators are determined from the period prices.

Kaimei Electronic Polynomial Regression Price Forecast For the 2nd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Kaimei Electronic Corp on the next trading day is expected to be 64.64 with a mean absolute deviation of 1.14, mean absolute percentage error of 2.01, and the sum of the absolute errors of 69.46.
Please note that although there have been many attempts to predict Kaimei 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 Kaimei Electronic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kaimei Electronic Stock Forecast Pattern

Backtest Kaimei ElectronicKaimei Electronic Price PredictionBuy or Sell Advice 

Kaimei Electronic Forecasted Value

In the context of forecasting Kaimei Electronic'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. Kaimei Electronic's downside and upside margins for the forecasting period are 62.93 and 66.36, respectively. We have considered Kaimei Electronic'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
68.30
64.64
Expected Value
66.36
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Kaimei Electronic stock data series using in forecasting. Note that when a statistical model is used to represent Kaimei Electronic 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 Criteria118.81
BiasArithmetic mean of the errors None
MADMean absolute deviation1.1387
MAPEMean absolute percentage error0.0174
SAESum of the absolute errors69.4632
A single variable polynomial regression model attempts to put a curve through the Kaimei Electronic historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Kaimei Electronic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kaimei Electronic Corp. 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
66.5968.3070.01
Details
Intrinsic
Valuation
LowRealHigh
64.9266.6268.33
Details

Other Forecasting Options for Kaimei Electronic

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

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

Kaimei Electronic Corp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Kaimei Electronic's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Kaimei Electronic's current price.

Kaimei Electronic Market Strength Events

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

Kaimei Electronic Risk Indicators

The analysis of Kaimei Electronic'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 Kaimei Electronic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kaimei 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Kaimei Stock Analysis

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