Zhen Yu Stock Forecast - Simple Exponential Smoothing
| 2947 Stock | TWD 83.00 0.40 0.48% |
The Simple Exponential Smoothing forecasted value of Zhen Yu Hardware on the next trading day is expected to be 83.00 with a mean absolute deviation of 0.77 and the sum of the absolute errors of 45.99. Zhen Stock Forecast is based on your current time horizon.
As of today the value of rsi of Zhen Yu's 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 |
Using Zhen Yu hype-based prediction, you can estimate the value of Zhen Yu Hardware from the perspective of Zhen Yu response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Zhen Yu Hardware on the next trading day is expected to be 83.00 with a mean absolute deviation of 0.77 and the sum of the absolute errors of 45.99. Zhen Yu after-hype prediction price | TWD 83.0 |
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.
Zhen |
Zhen Yu Additional Predictive Modules
Most predictive techniques to examine Zhen price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zhen using various technical indicators. When you analyze Zhen 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.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Zhen Yu Simple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Zhen Yu Hardware on the next trading day is expected to be 83.00 with a mean absolute deviation of 0.77, mean absolute percentage error of 1.31, and the sum of the absolute errors of 45.99.Please note that although there have been many attempts to predict Zhen 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 Zhen Yu's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Zhen Yu Stock Forecast Pattern
| Backtest Zhen Yu | Zhen Yu Price Prediction | Buy or Sell Advice |
Zhen Yu Forecasted Value
In the context of forecasting Zhen Yu'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. Zhen Yu's downside and upside margins for the forecasting period are 81.54 and 84.45, respectively. We have considered Zhen Yu'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Zhen Yu stock data series using in forecasting. Note that when a statistical model is used to represent Zhen Yu 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.| AIC | Akaike Information Criteria | 116.5389 |
| Bias | Arithmetic mean of the errors | 0.0113 |
| MAD | Mean absolute deviation | 0.7664 |
| MAPE | Mean absolute percentage error | 0.0092 |
| SAE | Sum of the absolute errors | 45.9855 |
Predictive Modules for Zhen Yu
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhen Yu Hardware. 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.Zhen Yu After-Hype Price Prediction Density Analysis
As far as predicting the price of Zhen Yu at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Zhen Yu or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Zhen Yu, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Zhen Yu Estimiated After-Hype Price Volatility
In the context of predicting Zhen Yu's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Zhen Yu's historical news coverage. Zhen Yu's after-hype downside and upside margins for the prediction period are 81.55 and 84.45, respectively. We have considered Zhen Yu's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Zhen Yu is very steady at this time. Analysis and calculation of next after-hype price of Zhen Yu Hardware is based on 3 months time horizon.
Zhen Yu Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Zhen Yu is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zhen Yu backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Zhen Yu, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.04 | 1.45 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
83.00 | 83.00 | 0.00 |
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Zhen Yu Hype Timeline
Zhen Yu Hardware is presently traded for 83.00on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Zhen 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 -0.04%. %. The volatility of related hype on Zhen Yu is about 0.0%, with the expected price after the next announcement by competition of 83.00. The book value of the company was presently reported as 31.02. The company recorded earning per share (EPS) of 6.16. Zhen Yu Hardware last dividend was issued on the 27th of August 2021. The entity had 1000:1100 split on the 4th of July 2025. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Zhen Yu to cross-verify your projections.Zhen Yu Related Hype Analysis
Having access to credible news sources related to Zhen Yu's direct competition is more important than ever and may enhance your ability to predict Zhen Yu's future price movements. Getting to know how Zhen Yu's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Zhen Yu may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 2949 | HHGalaxy Co | 0.00 | 0 per month | 0.00 | (0.19) | 2.45 | (3.11) | 7.11 | |
| 2937 | Gseven Co | 0.00 | 0 per month | 1.25 | (0.05) | 2.36 | (2.27) | 8.13 | |
| 2616 | Shan Loong Transportation Co | 0.00 | 0 per month | 0.00 | (0.19) | 0.75 | (1.10) | 3.66 | |
| 6961 | Uni Travel Services | 0.00 | 0 per month | 0.00 | (0.26) | 1.39 | (2.13) | 13.71 | |
| 5906 | Taiwan EnterpriseCo | 0.00 | 0 per month | 1.41 | (0.01) | 2.66 | (2.11) | 15.58 | |
| 4930 | Star Comgistic Capital | 0.00 | 0 per month | 0.00 | (0.16) | 1.10 | (1.32) | 4.33 | |
| 4581 | World Known MFG | 0.00 | 0 per month | 0.00 | (0.12) | 0.98 | (1.66) | 6.00 | |
| 2758 | Louisa Professional Coffee | 0.00 | 0 per month | 0.00 | (0.11) | 2.46 | (2.39) | 5.32 | |
| 3171 | Xin Chio Global | 0.00 | 0 per month | 0.00 | (0.15) | 1.36 | (2.21) | 10.26 | |
| 1323 | Yonyu Plastics Co | 0.00 | 0 per month | 0.00 | (0.25) | 0.26 | (0.51) | 3.08 |
Other Forecasting Options for Zhen Yu
For every potential investor in Zhen, whether a beginner or expert, Zhen Yu's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zhen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zhen. Basic forecasting techniques help filter out the noise by identifying Zhen Yu's price trends.Zhen Yu 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 Zhen Yu stock to make a market-neutral strategy. Peer analysis of Zhen Yu could also be used in its relative valuation, which is a method of valuing Zhen Yu by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zhen Yu Market Strength Events
Market strength indicators help investors to evaluate how Zhen Yu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhen Yu shares will generate the highest return on investment. By undertsting and applying Zhen Yu stock market strength indicators, traders can identify Zhen Yu Hardware entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 83.0 | |||
| Day Typical Price | 83.0 | |||
| Price Action Indicator | 0.2 | |||
| Period Momentum Indicator | 0.4 |
Zhen Yu Risk Indicators
The analysis of Zhen Yu'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 Zhen Yu's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zhen 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.
| Mean Deviation | 0.9517 | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.06 |
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.
Story Coverage note for Zhen Yu
The number of cover stories for Zhen Yu depends on current market conditions and Zhen Yu's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Zhen Yu is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Zhen Yu's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
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Zhen Yu Short Properties
Zhen Yu's future price predictability will typically decrease when Zhen Yu's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Zhen Yu Hardware often depends not only on the future outlook of the potential Zhen Yu's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Zhen Yu's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 3.60 | |
| Average Daily Volume Last 10 Day | 40.17k | |
| Average Daily Volume In Three Month | 56.48k | |
| Trailing Annual Dividend Yield | 3.41% |
Additional Tools for Zhen Stock Analysis
When running Zhen Yu's price analysis, check to measure Zhen Yu'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 Zhen Yu is operating at the current time. Most of Zhen Yu's value examination focuses on studying past and present price action to predict the probability of Zhen Yu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhen Yu's price. Additionally, you may evaluate how the addition of Zhen Yu to your portfolios can decrease your overall portfolio volatility.