Sun Brothers Stock Forecast - Naive Prediction

3489 Stock  TWD 21.25  0.05  0.23%   
The Naive Prediction forecasted value of Sun Brothers Development on the next trading day is expected to be 21.84 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 20.46. Sun Stock Forecast is based on your current time horizon.
As of today, the value of RSI of Sun Brothers' share price is approaching 46. 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 Sun Brothers, making its price go up or down.

Momentum 46

 Impartial

 
Oversold
 
Overbought
The successful prediction of Sun Brothers' 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 Sun Brothers and does not consider all of the tangible or intangible factors available from Sun Brothers' fundamental data. We analyze noise-free headlines and recent hype associated with Sun Brothers Development, which may create opportunities for some arbitrage if properly timed.
Using Sun Brothers hype-based prediction, you can estimate the value of Sun Brothers Development from the perspective of Sun Brothers response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Sun Brothers Development on the next trading day is expected to be 21.84 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 20.46.

Sun Brothers after-hype prediction price

    
  TWD 21.25  
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 Sun Brothers to cross-verify your projections.

Sun Brothers Additional Predictive Modules

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

Sun Brothers Naive Prediction Price Forecast For the 23rd of January

Given 90 days horizon, the Naive Prediction forecasted value of Sun Brothers Development on the next trading day is expected to be 21.84 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.21, and the sum of the absolute errors of 20.46.
Please note that although there have been many attempts to predict Sun 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 Sun Brothers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sun Brothers Stock Forecast Pattern

Backtest Sun BrothersSun Brothers Price PredictionBuy or Sell Advice 

Sun Brothers Forecasted Value

In the context of forecasting Sun Brothers' 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. Sun Brothers' downside and upside margins for the forecasting period are 19.69 and 23.98, respectively. We have considered Sun Brothers' 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
21.25
21.84
Expected Value
23.98
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 Sun Brothers stock data series using in forecasting. Note that when a statistical model is used to represent Sun Brothers 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 Criteria116.5322
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3355
MAPEMean absolute percentage error0.0156
SAESum of the absolute errors20.4629
This model is not at all useful as a medium-long range forecasting tool of Sun Brothers Development. 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 Sun Brothers. 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 Sun Brothers

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sun Brothers Development. 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
19.1121.2523.39
Details
Intrinsic
Valuation
LowRealHigh
15.0717.2123.38
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.9722.4623.95
Details

Sun Brothers After-Hype Price Prediction Density Analysis

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

Sun Brothers Estimiated After-Hype Price Volatility

In the context of predicting Sun Brothers' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sun Brothers' historical news coverage. Sun Brothers' after-hype downside and upside margins for the prediction period are 19.11 and 23.39, respectively. We have considered Sun Brothers' 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
21.25
21.25
After-hype Price
23.39
Upside
Sun Brothers is not too volatile at this time. Analysis and calculation of next after-hype price of Sun Brothers Development is based on 3 months time horizon.

Sun Brothers Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Sun Brothers is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sun Brothers 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 Sun Brothers, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.17 
2.14
 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
21.25
21.25
0.00 
0.00  
Notes

Sun Brothers Hype Timeline

Sun Brothers Development is presently traded for 21.25on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Sun 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 0.17%. %. The volatility of related hype on Sun Brothers is about 0.0%, with the expected price after the next announcement by competition of 21.25. About 74.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.67. In the past many companies with similar price-to-book ratios have beat the market. Sun Brothers Development last dividend was issued on the 4th of August 2022. The entity had 1:1 split on the 31st of August 2010. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Sun Brothers to cross-verify your projections.

Sun Brothers Related Hype Analysis

Having access to credible news sources related to Sun Brothers' direct competition is more important than ever and may enhance your ability to predict Sun Brothers' future price movements. Getting to know how Sun Brothers' 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 Sun Brothers 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
5455Sheng Yi Development 0.00 0 per month 0.00 (0.16) 2.08 (2.07) 5.95 
9902Tidehold Development Co 0.00 0 per month 1.80 (0.02) 3.95 (2.60) 13.14 
6264Kingland Property 0.00 0 per month 0.00 (0.08) 2.61 (2.14) 14.15 
6219Full Wang International 0.00 0 per month 0.00 (0.13) 3.00 (3.09) 12.45 
5529MEGA International Development 0.00 0 per month 2.19 (0.0008) 3.27 (3.61) 13.78 
6171Tacheng Real Estate 0.00 0 per month 0.67 (0.09) 1.27 (1.23) 5.33 
3512Huang Long Development 0.00 0 per month 1.08 (0.04) 1.46 (1.83) 12.99 
2537We Win Development 0.00 0 per month 0.00 (0.09) 3.49 (2.93) 13.98 
2506Pacific Construction Co 0.00 0 per month 0.00 (0.49) 0.52 (1.04) 2.34 
2596ReaLy Development Construction 0.00 0 per month 1.58  0.1  3.39 (2.35) 13.94 

Other Forecasting Options for Sun Brothers

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

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

Sun Brothers Market Strength Events

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

Sun Brothers Risk Indicators

The analysis of Sun Brothers' 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 Sun Brothers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sun 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 Sun Brothers

The number of cover stories for Sun Brothers depends on current market conditions and Sun Brothers' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Sun Brothers 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 Sun Brothers' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Additional Tools for Sun Stock Analysis

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