King Yuan Stock Forecast - 4 Period Moving Average

2449 Stock  TWD 130.00  3.50  2.77%   
The 4 Period Moving Average forecasted value of King Yuan Electronics on the next trading day is expected to be 128.25 with a mean absolute deviation of 4.08 and the sum of the absolute errors of 232.75. King Stock Forecast is based on your current time horizon.
  
A four-period moving average forecast model for King Yuan Electronics is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

King Yuan 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of King Yuan Electronics on the next trading day is expected to be 128.25 with a mean absolute deviation of 4.08, mean absolute percentage error of 24.32, and the sum of the absolute errors of 232.75.
Please note that although there have been many attempts to predict King 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 King Yuan's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

King Yuan Stock Forecast Pattern

Backtest King YuanKing Yuan Price PredictionBuy or Sell Advice 

King Yuan Forecasted Value

In the context of forecasting King Yuan'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. King Yuan's downside and upside margins for the forecasting period are 125.55 and 130.95, respectively. We have considered King Yuan'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
130.00
125.55
Downside
128.25
Expected Value
130.95
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of King Yuan stock data series using in forecasting. Note that when a statistical model is used to represent King Yuan 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 Criteria113.9504
BiasArithmetic mean of the errors -0.4035
MADMean absolute deviation4.0833
MAPEMean absolute percentage error0.0331
SAESum of the absolute errors232.75
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of King Yuan. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for King Yuan Electronics and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for King Yuan

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as King Yuan Electronics. 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
127.30130.00132.70
Details
Intrinsic
Valuation
LowRealHigh
111.26113.96143.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
125.53128.83132.13
Details

Other Forecasting Options for King Yuan

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

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

King Yuan Electronics 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 King Yuan'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 King Yuan's current price.

King Yuan Market Strength Events

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

King Yuan Risk Indicators

The analysis of King Yuan'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 King Yuan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting king 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 King Stock Analysis

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