NeoCore Technology Stock Forecast - Naive Prediction
| 4131 Stock | TWD 40.00 0.05 0.12% |
The Naive Prediction forecasted value of NeoCore Technology Co on the next trading day is expected to be 41.08 with a mean absolute deviation of 0.62 and the sum of the absolute errors of 37.78. NeoCore Stock Forecast is based on your current time horizon.
As of today, The value of RSI of NeoCore Technology's share price is at 59. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling NeoCore Technology, making its price go up or down. Momentum 59
Buy Extended
Oversold | Overbought |
Using NeoCore Technology hype-based prediction, you can estimate the value of NeoCore Technology Co from the perspective of NeoCore Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of NeoCore Technology Co on the next trading day is expected to be 41.08 with a mean absolute deviation of 0.62 and the sum of the absolute errors of 37.78. NeoCore Technology after-hype prediction price | TWD 40.0 |
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.
NeoCore |
NeoCore Technology Additional Predictive Modules
Most predictive techniques to examine NeoCore price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NeoCore using various technical indicators. When you analyze NeoCore 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NeoCore Technology Naive Prediction Price Forecast For the 23rd of January
Given 90 days horizon, the Naive Prediction forecasted value of NeoCore Technology Co on the next trading day is expected to be 41.08 with a mean absolute deviation of 0.62, mean absolute percentage error of 0.71, and the sum of the absolute errors of 37.78.Please note that although there have been many attempts to predict NeoCore 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 NeoCore Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
NeoCore Technology Stock Forecast Pattern
NeoCore Technology Forecasted Value
In the context of forecasting NeoCore 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. NeoCore Technology's downside and upside margins for the forecasting period are 39.04 and 43.12, respectively. We have considered NeoCore 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.
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 NeoCore Technology stock data series using in forecasting. Note that when a statistical model is used to represent NeoCore 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.| AIC | Akaike Information Criteria | 117.7658 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6194 |
| MAPE | Mean absolute percentage error | 0.0167 |
| SAE | Sum of the absolute errors | 37.7812 |
Predictive Modules for NeoCore 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 NeoCore 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.NeoCore Technology Estimiated After-Hype Price Prediction Volatility
As far as predicting the price of NeoCore 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 NeoCore 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 NeoCore Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NeoCore Technology Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as NeoCore Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NeoCore 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 NeoCore Technology, 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 |
0.38 | 2.04 | 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 | ||
40.00 | 40.00 | 0.00 |
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NeoCore Technology Hype Timeline
NeoCore Technology is presently traded for 40.00on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. NeoCore 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 0.38%. %. The volatility of related hype on NeoCore Technology is about 0.0%, with the expected price after the next announcement by competition of 40.00. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out fundamental analysis of NeoCore Technology to check your projections.NeoCore Technology Related Hype Analysis
Having access to credible news sources related to NeoCore Technology's direct competition is more important than ever and may enhance your ability to predict NeoCore Technology's future price movements. Getting to know how NeoCore 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 NeoCore Technology may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 7725 | LabTurbo Biotech | 0.00 | 0 per month | 2.17 | 0 | 3.43 | (4.67) | 10.34 | |
| 6810 | Bio Preventive Medicine | 0.00 | 0 per month | 0.00 | (0.21) | 4.98 | (3.91) | 14.93 | |
| 6814 | Lukas Biomedical | 0.00 | 0 per month | 1.34 | 0.01 | 3.68 | (2.90) | 8.01 | |
| 4131 | NeoCore Technology Co | 0.00 | 0 per month | 1.05 | 0.13 | 4.01 | (2.41) | 12.48 | |
| 3118 | Level Biotechnology | 0.00 | 0 per month | 0.00 | (0.17) | 1.04 | (1.18) | 5.25 | |
| 6827 | MegaPro Biomedical Co | 0.00 | 0 per month | 0.00 | (0.16) | 3.19 | (7.93) | 13.44 | |
| 6850 | BiOptic | 0.00 | 0 per month | 2.58 | (0.03) | 3.66 | (3.53) | 13.87 | |
| 6236 | Neith | 0.00 | 0 per month | 0.00 | (0.02) | 3.04 | 0.00 | 28.74 | |
| 6876 | LAUNXP Biomedical Co | 0.00 | 0 per month | 0.00 | (0.30) | 1.95 | (2.12) | 5.71 |
Other Forecasting Options for NeoCore Technology
For every potential investor in NeoCore, whether a beginner or expert, NeoCore Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NeoCore Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NeoCore. Basic forecasting techniques help filter out the noise by identifying NeoCore Technology's price trends.NeoCore 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 NeoCore Technology stock to make a market-neutral strategy. Peer analysis of NeoCore Technology could also be used in its relative valuation, which is a method of valuing NeoCore Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NeoCore Technology Market Strength Events
Market strength indicators help investors to evaluate how NeoCore 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 NeoCore Technology shares will generate the highest return on investment. By undertsting and applying NeoCore Technology stock market strength indicators, traders can identify NeoCore Technology Co entry and exit signals to maximize returns.
NeoCore Technology Risk Indicators
The analysis of NeoCore 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 NeoCore Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neocore 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 | 1.26 | |||
| Semi Deviation | 1.05 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.95 | |||
| Downside Variance | 3.15 | |||
| Semi Variance | 1.11 | |||
| Expected Short fall | (1.65) |
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 NeoCore Technology
The number of cover stories for NeoCore Technology depends on current market conditions and NeoCore 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 NeoCore 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 NeoCore Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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NeoCore Technology Short Properties
NeoCore Technology's future price predictability will typically decrease when NeoCore Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NeoCore Technology Co often depends not only on the future outlook of the potential NeoCore 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. NeoCore Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 7.87k | |
| Average Daily Volume In Three Month | 3.18k |
Additional Tools for NeoCore Stock Analysis
When running NeoCore Technology's price analysis, check to measure NeoCore 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 NeoCore Technology is operating at the current time. Most of NeoCore Technology's value examination focuses on studying past and present price action to predict the probability of NeoCore 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 NeoCore Technology's price. Additionally, you may evaluate how the addition of NeoCore Technology to your portfolios can decrease your overall portfolio volatility.