Empower Technology Stock Forecast - Simple Regression

5348 Stock  TWD 16.45  0.05  0.30%   
Empower Stock outlook is based on your current time horizon.
As of today, the value of RSI of Empower Technology's share price is approaching 38. 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 Empower Technology, making its price go up or down.

Momentum 38

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Empower 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 Empower Technology and does not consider all of the tangible or intangible factors available from Empower Technology's fundamental data. We analyze noise-free headlines and recent hype associated with Empower Technology, which may create opportunities for some arbitrage if properly timed.
Using Empower Technology hype-based prediction, you can estimate the value of Empower Technology from the perspective of Empower Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Empower Technology on the next trading day is expected to be 16.63 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.40.

Empower Technology after-hype prediction price

    
  TWD 16.45  
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 fundamental analysis of Empower Technology to check your projections.

Empower Technology Additional Predictive Modules

Most predictive techniques to examine Empower price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Empower using various technical indicators. When you analyze Empower 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Empower Technology price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Empower Technology Simple Regression Price Forecast For the 29th of January

Given 90 days horizon, the Simple Regression forecasted value of Empower Technology on the next trading day is expected to be 16.63 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.27, and the sum of the absolute errors of 25.40.
Please note that although there have been many attempts to predict Empower 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 Empower Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Empower Technology Stock Forecast Pattern

Empower Technology Forecasted Value

In the context of forecasting Empower 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. Empower Technology's downside and upside margins for the forecasting period are 14.70 and 18.56, respectively. We have considered Empower 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
16.45
16.63
Expected Value
18.56
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Empower Technology stock data series using in forecasting. Note that when a statistical model is used to represent Empower 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 Criteria118.636
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4098
MAPEMean absolute percentage error0.0233
SAESum of the absolute errors25.4047
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Empower Technology historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Empower 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 Empower 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
14.5316.4518.37
Details
Intrinsic
Valuation
LowRealHigh
12.4214.3418.10
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.1117.2118.31
Details

Empower Technology Estimiated After-Hype Price Volatility

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

Empower Technology Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Empower Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Empower 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 Empower Technology, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.21 
1.93
 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
16.45
16.45
0.00 
0.00  
Notes

Empower Technology Hype Timeline

Empower Technology is presently traded for 16.45on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Empower 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 -0.21%. %. The volatility of related hype on Empower Technology is about 0.0%, with the expected price after the next announcement by competition of 16.45. 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 Empower Technology to check your projections.

Empower Technology Related Hype Analysis

Having access to credible news sources related to Empower Technology's direct competition is more important than ever and may enhance your ability to predict Empower Technology's future price movements. Getting to know how Empower 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 Empower 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
2321Tecom Co 0.00 0 per month 0.00 (0.08) 4.00 (3.85) 12.46 
3095Chi Cheng Enterprise 0.00 0 per month 1.76  0.05  4.11 (3.85) 13.04 
6673Innovision FlexTech 0.00 0 per month 2.81 (0) 7.11 (4.72) 19.21 
4529Electric Power Technology 0.00 0 per month 0.00 (0.11) 2.92 (3.09) 16.45 
6473meimaii Technology Co 0.00 0 per month 0.00 (0.03) 4.96 (5.05) 26.23 
6428Taiwan Taomee Co 0.00 0 per month 0.00 (0.19) 0.42 (2.95) 10.88 
6784Tsky CoLtd 0.00 0 per month 1.72  0.13  4.14 (4.21) 13.95 
3288Silicon Touch Technology 0.00 0 per month 2.76 (0.02) 9.74 (5.62) 18.11 
6882Reallusion 0.00 0 per month 4.09  0.15  9.32 (6.16) 64.57 
7558Bryton Inc 0.00 0 per month 2.66  0.16  4.74 (4.87) 11.93 

Other Forecasting Options for Empower Technology

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

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

Empower Technology Market Strength Events

Market strength indicators help investors to evaluate how Empower 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 Empower Technology shares will generate the highest return on investment. By undertsting and applying Empower Technology stock market strength indicators, traders can identify Empower Technology entry and exit signals to maximize returns.

Empower Technology Risk Indicators

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

The number of cover stories for Empower Technology depends on current market conditions and Empower 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 Empower 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 Empower 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

Empower Technology Short Properties

Empower Technology's future price predictability will typically decrease when Empower Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Empower Technology often depends not only on the future outlook of the potential Empower 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. Empower Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day6.07k
Average Daily Volume In Three Month17.71k

Additional Tools for Empower Stock Analysis

When running Empower Technology's price analysis, check to measure Empower 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 Empower Technology is operating at the current time. Most of Empower Technology's value examination focuses on studying past and present price action to predict the probability of Empower 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 Empower Technology's price. Additionally, you may evaluate how the addition of Empower Technology to your portfolios can decrease your overall portfolio volatility.