Usun Technology Stock Forecast - Naive Prediction

3498 Stock  TWD 50.10  0.10  0.20%   
The Naive Prediction forecasted value of Usun Technology Co on the next trading day is expected to be 46.24 with a mean absolute deviation of 1.28 and the sum of the absolute errors of 78.05. Usun Stock Forecast is based on your current time horizon.
As of today the value of rsi of Usun Technology'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
The successful prediction of Usun Technology'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 Usun Technology and does not consider all of the tangible or intangible factors available from Usun Technology's fundamental data. We analyze noise-free headlines and recent hype associated with Usun Technology Co, which may create opportunities for some arbitrage if properly timed.
Using Usun Technology hype-based prediction, you can estimate the value of Usun Technology Co from the perspective of Usun Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Usun Technology Co on the next trading day is expected to be 46.24 with a mean absolute deviation of 1.28 and the sum of the absolute errors of 78.05.

Usun Technology after-hype prediction price

    
  TWD 50.1  
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 Usun Technology to cross-verify your projections.

Usun Technology Additional Predictive Modules

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

Usun Technology Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of Usun Technology Co on the next trading day is expected to be 46.24 with a mean absolute deviation of 1.28, mean absolute percentage error of 2.52, and the sum of the absolute errors of 78.05.
Please note that although there have been many attempts to predict Usun 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 Usun Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Usun Technology Stock Forecast Pattern

Backtest Usun TechnologyUsun Technology Price PredictionBuy or Sell Advice 

Usun Technology Forecasted Value

In the context of forecasting Usun Technology'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. Usun Technology's downside and upside margins for the forecasting period are 43.29 and 49.20, respectively. We have considered Usun Technology'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
50.10
46.24
Expected Value
49.20
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 Usun Technology stock data series using in forecasting. Note that when a statistical model is used to represent Usun Technology 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 Criteria119.0343
BiasArithmetic mean of the errors None
MADMean absolute deviation1.2796
MAPEMean absolute percentage error0.0257
SAESum of the absolute errors78.0537
This model is not at all useful as a medium-long range forecasting tool of Usun Technology Co. 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 Usun Technology. 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 Usun Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Usun Technology. 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
47.1550.1053.05
Details
Intrinsic
Valuation
LowRealHigh
39.1942.1455.11
Details
Bollinger
Band Projection (param)
LowMiddleHigh
46.7850.7354.68
Details

Usun Technology After-Hype Price Prediction Density Analysis

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

Usun Technology Estimiated After-Hype Price Volatility

In the context of predicting Usun Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Usun Technology's historical news coverage. Usun Technology's after-hype downside and upside margins for the prediction period are 47.15 and 53.05, respectively. We have considered Usun Technology'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
50.10
50.10
After-hype Price
53.05
Upside
Usun Technology is very steady at this time. Analysis and calculation of next after-hype price of Usun Technology is based on 3 months time horizon.

Usun Technology Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Usun Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Usun Technology 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 Usun Technology, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.13 
2.95
 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
50.10
50.10
0.00 
0.00  
Notes

Usun Technology Hype Timeline

Usun Technology is presently traded for 50.10on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Usun 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 0.13%. %. The volatility of related hype on Usun Technology is about 0.0%, with the expected price after the next announcement by competition of 50.10. About 36.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.91. In the past many companies with similar price-to-book ratios have beat the market. Usun Technology recorded a loss per share of 0.25. The entity last dividend was issued on the 12th of July 2018. The firm had 700:1000 split on the 4th of October 2018. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Usun Technology to cross-verify your projections.

Usun Technology Related Hype Analysis

Having access to credible news sources related to Usun Technology's direct competition is more important than ever and may enhance your ability to predict Usun Technology's future price movements. Getting to know how Usun Technology'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 Usun Technology 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
1586China Fineblanking Technology 0.00 0 per month 2.49  0.01  5.03 (3.82) 16.74 
1528Anderson Industrial Corp 0.00 0 per month 2.46  0.23  9.88 (4.42) 17.57 
4563Quaser Machine Tools 0.00 0 per month 1.91  0.10  9.09 (3.35) 13.33 
3485Eclat Forever Machinery 0.00 0 per month 1.27  0.25  6.33 (3.81) 23.01 
6982Walrus Pump Co 0.00 0 per month 0.00 (0.11) 2.93 (1.85) 7.97 
2250IKKA Holdings Limited 0.00 0 per month 0.00 (0.14) 2.93 (3.28) 8.80 
4537Shuz Tung Machinery 0.00 0 per month 2.10  0.22  6.35 (3.66) 23.88 
6654Tian Zheng International 0.00 0 per month 1.62  0.19  7.80 (2.77) 17.61 
3625C Tech United 0.00 0 per month 0.00 (0.16) 6.38 (5.49) 19.81 
3027Billion Electric Co 0.00 0 per month 2.09  0.04  5.50 (3.67) 16.50 

Other Forecasting Options for Usun Technology

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

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

Usun Technology Market Strength Events

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

Usun Technology Risk Indicators

The analysis of Usun Technology'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 Usun Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting usun 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 Usun Technology

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Usun Technology Short Properties

Usun Technology's future price predictability will typically decrease when Usun Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Usun Technology Co often depends not only on the future outlook of the potential Usun Technology'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. Usun Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding61.3 M
Short Long Term Debt110 M

Additional Tools for Usun Stock Analysis

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