Architectural Aesthetics Stock Forecast - Naive Prediction

2724 Stock  TWD 20.35  0.05  0.25%   
The Naive Prediction forecasted value of Architectural Aesthetics Global on the next trading day is expected to be 19.92 with a mean absolute deviation of 0.40 and the sum of the absolute errors of 24.19. Architectural Stock Forecast is based on your current time horizon.
As of today the value of rsi of Architectural Aesthetics' share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Architectural Aesthetics' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Architectural Aesthetics and does not consider all of the tangible or intangible factors available from Architectural Aesthetics' fundamental data. We analyze noise-free headlines and recent hype associated with Architectural Aesthetics Global, which may create opportunities for some arbitrage if properly timed.
Using Architectural Aesthetics hype-based prediction, you can estimate the value of Architectural Aesthetics Global from the perspective of Architectural Aesthetics response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Architectural Aesthetics Global on the next trading day is expected to be 19.92 with a mean absolute deviation of 0.40 and the sum of the absolute errors of 24.19.

Architectural Aesthetics after-hype prediction price

    
  TWD 20.35  
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.
  
Check out fundamental analysis of Architectural Aesthetics to check your projections.

Architectural Aesthetics Additional Predictive Modules

Most predictive techniques to examine Architectural price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Architectural using various technical indicators. When you analyze Architectural 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.
A naive forecasting model for Architectural Aesthetics is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Architectural Aesthetics Global value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Architectural Aesthetics Naive Prediction Price Forecast For the 20th of January

Given 90 days horizon, the Naive Prediction forecasted value of Architectural Aesthetics Global on the next trading day is expected to be 19.92 with a mean absolute deviation of 0.40, mean absolute percentage error of 0.34, and the sum of the absolute errors of 24.19.
Please note that although there have been many attempts to predict Architectural 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 Architectural Aesthetics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Architectural Aesthetics Stock Forecast Pattern

Architectural Aesthetics Forecasted Value

In the context of forecasting Architectural Aesthetics' 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. Architectural Aesthetics' downside and upside margins for the forecasting period are 17.30 and 22.54, respectively. We have considered Architectural Aesthetics' 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
20.35
19.92
Expected Value
22.54
Upside

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 Architectural Aesthetics stock data series using in forecasting. Note that when a statistical model is used to represent Architectural Aesthetics 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 Criteria117.0204
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3965
MAPEMean absolute percentage error0.0202
SAESum of the absolute errors24.188
This model is not at all useful as a medium-long range forecasting tool of Architectural Aesthetics Global. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Architectural Aesthetics. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Architectural Aesthetics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Architectural Aesthetics. 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
17.7320.3522.97
Details
Intrinsic
Valuation
LowRealHigh
14.2616.8822.39
Details

Other Forecasting Options for Architectural Aesthetics

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

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

Architectural Aesthetics 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 Architectural Aesthetics' 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 Architectural Aesthetics' current price.

Architectural Aesthetics Market Strength Events

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

Architectural Aesthetics Risk Indicators

The analysis of Architectural Aesthetics' 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 Architectural Aesthetics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting architectural 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.

Pair Trading with Architectural Aesthetics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Architectural Aesthetics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Architectural Aesthetics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Architectural Stock

  0.72454 MediaTekPairCorr

Moving against Architectural Stock

  0.776620 Handa PharmaceuticalsPairCorr
  0.71435 Chung Fu TexPairCorr
  0.614192 SynCore BiotechnologyPairCorr
  0.526186 Shin Ruenn DevelopmentPairCorr
  0.455514 Sunfon ConstructionPairCorr
The ability to find closely correlated positions to Architectural Aesthetics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Architectural Aesthetics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Architectural Aesthetics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Architectural Aesthetics Global to buy it.
The correlation of Architectural Aesthetics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Architectural Aesthetics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Architectural Aesthetics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Architectural Aesthetics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Architectural Stock Analysis

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