Wonik Ips Stock Forecast - Simple Moving Average

240810 Stock  KRW 23,450  250.00  1.08%   
The Simple Moving Average forecasted value of Wonik Ips Co on the next trading day is expected to be 23,450 with a mean absolute deviation of 720.34 and the sum of the absolute errors of 42,500. Wonik Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Wonik Ips stock prices and determine the direction of Wonik Ips Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Wonik Ips' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for Wonik Ips is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Wonik Ips Simple Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Wonik Ips Co on the next trading day is expected to be 23,450 with a mean absolute deviation of 720.34, mean absolute percentage error of 1,020,784, and the sum of the absolute errors of 42,500.
Please note that although there have been many attempts to predict Wonik 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 Wonik Ips' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Wonik Ips Stock Forecast Pattern

Backtest Wonik IpsWonik Ips Price PredictionBuy or Sell Advice 

Wonik Ips Forecasted Value

In the context of forecasting Wonik Ips' 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. Wonik Ips' downside and upside margins for the forecasting period are 23,447 and 23,453, respectively. We have considered Wonik Ips' 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
23,450
23,447
Downside
23,450
Expected Value
23,453
Upside

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 Wonik Ips stock data series using in forecasting. Note that when a statistical model is used to represent Wonik Ips 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 Criteria128.2708
BiasArithmetic mean of the errors 259.322
MADMean absolute deviation720.339
MAPEMean absolute percentage error0.025
SAESum of the absolute errors42500.0
The simple moving average model is conceptually a linear regression of the current value of Wonik Ips Co price series against current and previous (unobserved) value of Wonik Ips. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Wonik Ips

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wonik Ips. 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
23,44723,45023,453
Details
Intrinsic
Valuation
LowRealHigh
22,67122,67425,795
Details
Bollinger
Band Projection (param)
LowMiddleHigh
23,13123,36723,602
Details

Other Forecasting Options for Wonik Ips

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

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

Wonik Ips 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 Wonik Ips' 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 Wonik Ips' current price.

Wonik Ips Market Strength Events

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

Wonik Ips Risk Indicators

The analysis of Wonik Ips' 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 Wonik Ips' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wonik 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.

Other Information on Investing in Wonik Stock

Wonik Ips financial ratios help investors to determine whether Wonik Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wonik with respect to the benefits of owning Wonik Ips security.