Star Comgistic Stock Forecast - Naive Prediction
| 4930 Stock | TWD 22.00 0.30 1.35% |
The Naive Prediction forecasted value of Star Comgistic Capital on the next trading day is expected to be 22.29 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.58. Star Stock Forecast is based on your current time horizon.
At this time the value of rsi of Star Comgistic'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 |
Using Star Comgistic hype-based prediction, you can estimate the value of Star Comgistic Capital from the perspective of Star Comgistic response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Star Comgistic Capital on the next trading day is expected to be 22.29 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.58. Star Comgistic after-hype prediction price | TWD 22.0 |
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.
Star |
Star Comgistic Additional Predictive Modules
Most predictive techniques to examine Star price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Star using various technical indicators. When you analyze Star 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 |
Star Comgistic Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of Star Comgistic Capital on the next trading day is expected to be 22.29 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.58.Please note that although there have been many attempts to predict Star 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 Star Comgistic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Star Comgistic Stock Forecast Pattern
| Backtest Star Comgistic | Star Comgistic Price Prediction | Buy or Sell Advice |
Star Comgistic Forecasted Value
In the context of forecasting Star Comgistic'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. Star Comgistic's downside and upside margins for the forecasting period are 21.49 and 23.09, respectively. We have considered Star Comgistic'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 Star Comgistic stock data series using in forecasting. Note that when a statistical model is used to represent Star Comgistic 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 | 114.5789 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1407 |
| MAPE | Mean absolute percentage error | 0.0064 |
| SAE | Sum of the absolute errors | 8.5819 |
Predictive Modules for Star Comgistic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Star Comgistic Capital. 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.Star Comgistic After-Hype Price Prediction Density Analysis
As far as predicting the price of Star Comgistic 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 Star Comgistic 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 Star Comgistic, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Star Comgistic Estimiated After-Hype Price Volatility
In the context of predicting Star Comgistic's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Star Comgistic's historical news coverage. Star Comgistic's after-hype downside and upside margins for the prediction period are 21.20 and 22.80, respectively. We have considered Star Comgistic'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
Star Comgistic is very steady at this time. Analysis and calculation of next after-hype price of Star Comgistic Capital is based on 3 months time horizon.
Star Comgistic Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Star Comgistic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Star Comgistic 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 Star Comgistic, 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 |
0.06 | 0.80 | 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 | ||
22.00 | 22.00 | 0.00 |
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Star Comgistic Hype Timeline
Star Comgistic Capital is presently traded for 22.00on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Star 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 -0.06%. %. The volatility of related hype on Star Comgistic is about 0.0%, with the expected price after the next announcement by competition of 22.00. About 57.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.7. In the past many companies with similar price-to-book ratios have beat the market. Star Comgistic Capital recorded earning per share (EPS) of 5.52. The entity last dividend was issued on the 30th of March 2022. The firm had 595:1000 split on the 17th of March 2022. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Star Comgistic to cross-verify your projections.Star Comgistic Related Hype Analysis
Having access to credible news sources related to Star Comgistic's direct competition is more important than ever and may enhance your ability to predict Star Comgistic's future price movements. Getting to know how Star Comgistic'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 Star Comgistic may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 1626 | Airmate Cayman International | 0.00 | 0 per month | 0.00 | (0.09) | 2.55 | (2.08) | 8.28 | |
| 1323 | Yonyu Plastics Co | 0.00 | 0 per month | 0.00 | (0.37) | 0.26 | (0.51) | 3.08 | |
| 4581 | World Known MFG | 0.00 | 0 per month | 0.00 | (0.13) | 0.98 | (1.66) | 6.00 | |
| 3171 | Xin Chio Global | 0.00 | 0 per month | 0.00 | (0.18) | 1.36 | (2.21) | 10.26 | |
| 2937 | Gseven Co | 0.00 | 0 per month | 0.00 | (0.08) | 2.36 | (2.27) | 8.13 | |
| 6195 | Scan D | 0.00 | 0 per month | 0.00 | (0.46) | 0.59 | (0.78) | 3.32 | |
| 4442 | JB International | 0.00 | 0 per month | 3.19 | (0.01) | 7.14 | (4.41) | 19.79 | |
| 6961 | Uni Travel Services | 0.00 | 0 per month | 0.00 | (0.24) | 1.68 | (2.13) | 6.79 | |
| 2942 | Jing Jan Retail Business | 0.00 | 0 per month | 1.94 | (0.02) | 3.11 | (4.29) | 8.06 | |
| 8426 | Redwood Group | 0.00 | 0 per month | 1.16 | (0.03) | 1.85 | (1.52) | 14.66 |
Other Forecasting Options for Star Comgistic
For every potential investor in Star, whether a beginner or expert, Star Comgistic's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Star Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Star. Basic forecasting techniques help filter out the noise by identifying Star Comgistic's price trends.Star Comgistic 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 Star Comgistic stock to make a market-neutral strategy. Peer analysis of Star Comgistic could also be used in its relative valuation, which is a method of valuing Star Comgistic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Star Comgistic Market Strength Events
Market strength indicators help investors to evaluate how Star Comgistic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Star Comgistic shares will generate the highest return on investment. By undertsting and applying Star Comgistic stock market strength indicators, traders can identify Star Comgistic Capital entry and exit signals to maximize returns.
| Accumulation Distribution | 656.17 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 22.15 | |||
| Day Typical Price | 22.1 | |||
| Price Action Indicator | (0.30) | |||
| Period Momentum Indicator | (0.30) |
Star Comgistic Risk Indicators
The analysis of Star Comgistic'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 Star Comgistic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting star 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 | 0.5528 | |||
| Standard Deviation | 0.7867 | |||
| Variance | 0.619 |
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 Star Comgistic
The number of cover stories for Star Comgistic depends on current market conditions and Star Comgistic's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Star Comgistic 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 Star Comgistic'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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Star Comgistic Short Properties
Star Comgistic's future price predictability will typically decrease when Star Comgistic's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Star Comgistic Capital often depends not only on the future outlook of the potential Star Comgistic'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. Star Comgistic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80 M | |
| Dividends Paid | 470.1 M | |
| Short Long Term Debt | 34.9 M |
Additional Tools for Star Stock Analysis
When running Star Comgistic's price analysis, check to measure Star Comgistic'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 Star Comgistic is operating at the current time. Most of Star Comgistic's value examination focuses on studying past and present price action to predict the probability of Star Comgistic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Comgistic's price. Additionally, you may evaluate how the addition of Star Comgistic to your portfolios can decrease your overall portfolio volatility.