Compucase Enterprise Stock Forecast - Simple Regression

3032 Stock  TWD 75.90  3.90  5.42%   
Compucase Stock outlook is based on your current time horizon.
At this time, the value of RSI of Compucase Enterprise's share price is approaching 42. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Compucase Enterprise, making its price go up or down.

Momentum 42

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Compucase Enterprise's 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 Compucase Enterprise and does not consider all of the tangible or intangible factors available from Compucase Enterprise's fundamental data. We analyze noise-free headlines and recent hype associated with Compucase Enterprise Co, which may create opportunities for some arbitrage if properly timed.
Using Compucase Enterprise hype-based prediction, you can estimate the value of Compucase Enterprise Co from the perspective of Compucase Enterprise response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Compucase Enterprise Co on the next trading day is expected to be 68.24 with a mean absolute deviation of 2.58 and the sum of the absolute errors of 157.29.

Compucase Enterprise after-hype prediction price

    
  TWD 72.0  
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.
  
Check out Historical Fundamental Analysis of Compucase Enterprise to cross-verify your projections.

Compucase Enterprise Additional Predictive Modules

Most predictive techniques to examine Compucase price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Compucase using various technical indicators. When you analyze Compucase 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Compucase Enterprise price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Compucase Enterprise Simple Regression Price Forecast For the 27th of January

Given 90 days horizon, the Simple Regression forecasted value of Compucase Enterprise Co on the next trading day is expected to be 68.24 with a mean absolute deviation of 2.58, mean absolute percentage error of 9.89, and the sum of the absolute errors of 157.29.
Please note that although there have been many attempts to predict Compucase 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 Compucase Enterprise's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Compucase Enterprise Stock Forecast Pattern

Backtest Compucase Enterprise  Compucase Enterprise Price Prediction  Buy or Sell Advice  

Compucase Enterprise Forecasted Value

In the context of forecasting Compucase Enterprise'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. Compucase Enterprise's downside and upside margins for the forecasting period are 65.62 and 70.87, respectively. We have considered Compucase Enterprise'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
75.90
68.24
Expected Value
70.87
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Compucase Enterprise stock data series using in forecasting. Note that when a statistical model is used to represent Compucase Enterprise 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 Criteria120.4021
BiasArithmetic mean of the errors None
MADMean absolute deviation2.5785
MAPEMean absolute percentage error0.0309
SAESum of the absolute errors157.2858
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Compucase Enterprise Co historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Compucase Enterprise

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compucase Enterprise. 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
69.4672.0074.54
Details
Intrinsic
Valuation
LowRealHigh
63.8866.4279.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
70.4174.9079.39
Details

Compucase Enterprise After-Hype Price Density Analysis

As far as predicting the price of Compucase Enterprise 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 Compucase Enterprise 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 Compucase Enterprise, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Compucase Enterprise Estimiated After-Hype Price Volatility

In the context of predicting Compucase Enterprise's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Compucase Enterprise's historical news coverage. Compucase Enterprise's after-hype downside and upside margins for the prediction period are 69.46 and 74.54, respectively. We have considered Compucase Enterprise'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
75.90
72.00
After-hype Price
74.54
Upside
Compucase Enterprise is very steady at this time. Analysis and calculation of next after-hype price of Compucase Enterprise is based on 3 months time horizon.

Compucase Enterprise Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Compucase Enterprise is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Compucase Enterprise 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 Compucase Enterprise, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.23 
2.62
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
75.90
72.00
0.00 
0.00  
Notes

Compucase Enterprise Hype Timeline

Compucase Enterprise is presently traded for 75.90on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Compucase 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 -0.23%. %. The volatility of related hype on Compucase Enterprise is about 0.0%, with the expected price after the next announcement by competition of 75.90. About 46.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.28. In the past many companies with similar price-to-book ratios have beat the market. Compucase Enterprise last dividend was issued on the 14th of July 2022. The entity had 1:1 split on the 28th of July 2011. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Compucase Enterprise to cross-verify your projections.

Compucase Enterprise Related Hype Analysis

Having access to credible news sources related to Compucase Enterprise's direct competition is more important than ever and may enhance your ability to predict Compucase Enterprise's future price movements. Getting to know how Compucase Enterprise'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 Compucase Enterprise may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
2331Elitegroup Computer Systems 0.00 0 per month 2.58  0.11  9.83 (4.67) 17.49 
6245Lanner Electronics 0.00 0 per month 0.00 (0.16) 2.62 (2.52) 11.65 
8234NEXCOM International Co 0.00 0 per month 0.00 (0.08) 4.28 (3.21) 10.20 
3022IEI Integration Corp 0.00 0 per month 0.00 (0.08) 2.41 (2.31) 8.53 
8163Darfon Electronics Corp 0.00 0 per month 0.00 (0.14) 2.59 (2.84) 12.96 
4967Team Group 0.00 0 per month 3.28  0.17  8.76 (5.68) 17.00 
2323CMC Magnetics Corp 0.00 0 per month 1.96  0.08  4.21 (3.70) 15.63 
8054Alcor Micro 0.00 0 per month 3.52 (0.02) 6.53 (5.43) 19.56 
8050IBASE Technology 0.00 0 per month 0.00 (0.21) 2.31 (2.16) 6.77 
3611TSC Auto ID 0.00 0 per month 1.03 (0.04) 1.78 (1.73) 5.12 

Other Forecasting Options for Compucase Enterprise

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

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

Compucase Enterprise Market Strength Events

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

Compucase Enterprise Risk Indicators

The analysis of Compucase Enterprise'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 Compucase Enterprise's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting compucase 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.

Story Coverage note for Compucase Enterprise

The number of cover stories for Compucase Enterprise depends on current market conditions and Compucase Enterprise's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Compucase Enterprise 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 Compucase Enterprise'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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Additional Tools for Compucase Stock Analysis

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