Eslite Spectrum Stock Forward View

Eslite Spectrum Additional Predictive Modules

Most predictive techniques to examine Eslite price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eslite using various technical indicators. When you analyze Eslite 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 Eslite Spectrum is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Eslite Spectrum 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.

Eslite Spectrum Naive Prediction Price Forecast For the 3rd of February

Given 90 days horizon, the Naive Prediction forecasted value of Eslite Spectrum on the next trading day is expected to be 37.38 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.20, and the sum of the absolute errors of 21.06.

Eslite Spectrum Stock Forecast Pattern

Backtest Eslite Spectrum

Eslite Spectrum Price Prediction

Research Analysis

Eslite Spectrum Forecasted Value

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 Eslite Spectrum stock data series using in forecasting. Note that when a statistical model is used to represent Eslite Spectrum 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. This model is not at all useful as a medium-long range forecasting tool of Eslite Spectrum. 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 Eslite Spectrum. 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 Eslite Spectrum

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eslite Spectrum. 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 Low Estimated High 37.48 38.55 39.62 Details

Intrinsic Valuation Low Real High 38.00 39.07 40.14 Details

Bollinger Band Projection (param) Low Middle High 37.92 38.92 39.92 Details

Eslite Spectrum After-Hype Price Density Analysis

Eslite Spectrum Estimiated After-Hype Price Volatility

Eslite Spectrum Stock Price Outlook Analysis

Notes

Eslite Spectrum Hype Timeline

Eslite Spectrum is presently traded for 38.55on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Eslite 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 -0.12%. %. The volatility of related hype on Eslite Spectrum is about 0.0%, with the expected price after the next announcement by competition of 38.55. About 72.0% of the company shares are owned by insiders or employees . The book value of Eslite Spectrum was presently reported as 14.24. The company recorded a loss per share of 5.69. Eslite Spectrum last dividend was issued on the 18th of June 2021. The entity had 1050:1000 split on the 26th of July 2016. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Eslite Spectrum to cross-verify your projections.

Eslite Spectrum Related Hype Analysis

Other Forecasting Options for Eslite Spectrum

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

Eslite Spectrum Related Equities

Risk & Return

Correlation

Eslite Spectrum Market Strength Events

Eslite Spectrum Risk Indicators

Story Coverage note for Eslite Spectrum

Other Macroaxis Stories

Additional Tools for Eslite Stock Analysis