Ying Han Stock Forecast - Naive Prediction

4562 Stock  TWD 62.80  2.30  3.80%   
The Naive Prediction forecasted value of Ying Han Technology on the next trading day is expected to be 60.92 with a mean absolute deviation of 1.30 and the sum of the absolute errors of 79.41. Ying Stock Forecast is based on your current time horizon.
  
A naive forecasting model for Ying Han is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Ying Han Technology 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.

Ying Han Naive Prediction Price Forecast For the 28th of February

Given 90 days horizon, the Naive Prediction forecasted value of Ying Han Technology on the next trading day is expected to be 60.92 with a mean absolute deviation of 1.30, mean absolute percentage error of 2.86, and the sum of the absolute errors of 79.41.
Please note that although there have been many attempts to predict Ying 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 Ying Han's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ying Han Stock Forecast Pattern

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Ying Han Forecasted Value

In the context of forecasting Ying Han'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. Ying Han's downside and upside margins for the forecasting period are 58.15 and 63.68, respectively. We have considered Ying Han'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
62.80
60.92
Expected Value
63.68
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 Ying Han stock data series using in forecasting. Note that when a statistical model is used to represent Ying Han 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 Criteria119.1613
BiasArithmetic mean of the errors None
MADMean absolute deviation1.3017
MAPEMean absolute percentage error0.0202
SAESum of the absolute errors79.4063
This model is not at all useful as a medium-long range forecasting tool of Ying Han Technology. 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 Ying Han. 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 Ying Han

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ying Han 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
57.7660.5063.24
Details
Intrinsic
Valuation
LowRealHigh
50.1252.8666.55
Details
Bollinger
Band Projection (param)
LowMiddleHigh
56.3459.5562.75
Details

Other Forecasting Options for Ying Han

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

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

Ying Han Technology Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ying Han's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ying Han's current price.

Ying Han Market Strength Events

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

Ying Han Risk Indicators

The analysis of Ying Han'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 Ying Han's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ying 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ying Stock Analysis

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