Sinbon Electronics Stock Forward View - Double Exponential Smoothing
| 3023 Stock | TWD 302.50 -7.50 -2.42% |
Double Exponential Smoothing is applied to Sinbon Electronics Co's daily closing prices, and the resulting forecast is presented with accuracy metrics. Wide deviation between fitted and observed values suggests the model's assumptions may not match current market conditions. These values update automatically with each new closing price. The Double Exponential Smoothing model projects Sinbon Electronics at 305.62 for the next trading day, above the most recent closing price. This Double Exponential Smoothing output is provided as analytical reference and does not constitute a trading recommendation.
Double Exponential Smoothing Price Forecast For the 10th of May
Over a 90-day horizon, the Double Exponential Smoothing model forecasts Sinbon Electronics at 305.62 for the next trading day, with a mean absolute deviation of 6.23 , mean absolute percentage error of 0.02 , and sum of absolute errors of 367.42 .This represents a tight forecast with good short-term tracking of Sinbon Electronics' price movement. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest Sinbon Electronics | Sinbon Electronics Price Prediction | Research Analysis |
Forecasted Value
This forecast for Sinbon Electronics frames the expected trading range using downside and upside bounds rather than a single point target. The current forecast range spans downside near 302.45 and upside near 308.78. The narrow range indicates limited short-term dispersion.
Model Predictive Factors
The table below summarizes the Double Exponential Smoothing model's error metrics for Sinbon Electronics stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -1.474 |
| MAD | Mean absolute deviation | 6.2274 |
| MAPE | Mean absolute percentage error | 0.0242 |
| SAE | Sum of the absolute errors | 367.4151 |
Other Forecasting Options for Sinbon Electronics
Sinbon Electronics' daily price returns decompose into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Sinbon often signals an upcoming reversal or acceleration. Gap analysis of Sinbon Stock data examines overnight jumps between Sinbon Electronics' closing and opening prices.Sinbon Electronics Related Equities
The peer firms below within the Information Technology space frame Sinbon Electronics' pricing and running costs in context. Revenue and margin checks across this group help investors set expectations for Sinbon Electronics' results. Peer pricing is more meaningful when the firms compared share similar business models and end markets. This peer set gives the context needed for a well-rounded view of Sinbon Electronics.
| Risk & Return | Correlation |
Sinbon Electronics Market Strength Events
Market strength indicators for Sinbon Electronics stock provide a framework for assessing security responsiveness. A rising Accumulation/Distribution line alongside rising price confirms institutional buying interest in Sinbon Electronics. Median and Typical Price smooth out intraday extremes, providing a cleaner reference level for evaluating Sinbon Electronics sessions.
Sinbon Electronics Risk Indicators
Assessing Sinbon Electronics' risk indicators is a structured way to evaluate the risk-return trade-off for sinbon stock. The level of risk embedded in Sinbon Electronics' feeds directly into exposure calibration. Comparing Sinbon Electronics' downside variance to total variance reveals whether the risk profile is skewed toward losses.
| Mean Deviation | 2.47 | |||
| Semi Deviation | 2.35 | |||
| Standard Deviation | 3.37 | |||
| Variance | 11.38 | |||
| Downside Variance | 9.18 | |||
| Semi Variance | 5.54 | |||
| Expected Short fall | -2.83 |
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.
Additional Tools for Sinbon Stock Analysis
Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentumCorrelation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlatedEfficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market.Earnings CallsCheck upcoming earnings announcements updated hourly across public exchangesPair CorrelationCompare performance and examine fundamental relationship between any two equity instrumentsIdea OptimizerApply mean-variance optimization to pre-computed thematic ideas and evaluate candidate allocationsPremium StoriesFollow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scopeInvesting OpportunitiesExplore predefined thematic ideas and evaluate them within your portfolio contextPortfolio DashboardPortfolio dashboard that provides centralized access to all your investments