Sheng Yi Stock Forecast - Simple Regression
| 5455 Stock | TWD 28.80 0.15 0.52% |
The Simple Regression forecasted value of Sheng Yi Development on the next trading day is expected to be 28.94 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 23.79. Sheng Stock Forecast is based on your current time horizon.
As of today the value of rsi of Sheng Yi'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 Sheng Yi hype-based prediction, you can estimate the value of Sheng Yi Development from the perspective of Sheng Yi response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Sheng Yi Development on the next trading day is expected to be 28.94 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 23.79. Sheng Yi after-hype prediction price | TWD 28.8 |
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.
Sheng |
Sheng Yi Additional Predictive Modules
Most predictive techniques to examine Sheng price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sheng using various technical indicators. When you analyze Sheng 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 |
Sheng Yi Simple Regression Price Forecast For the 25th of January
Given 90 days horizon, the Simple Regression forecasted value of Sheng Yi Development on the next trading day is expected to be 28.94 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.24, and the sum of the absolute errors of 23.79.Please note that although there have been many attempts to predict Sheng 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 Sheng Yi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sheng Yi Stock Forecast Pattern
| Backtest Sheng Yi | Sheng Yi Price Prediction | Buy or Sell Advice |
Sheng Yi Forecasted Value
In the context of forecasting Sheng Yi'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. Sheng Yi's downside and upside margins for the forecasting period are 27.86 and 30.01, respectively. We have considered Sheng Yi'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Sheng Yi stock data series using in forecasting. Note that when a statistical model is used to represent Sheng Yi 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 | 118.5205 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3838 |
| MAPE | Mean absolute percentage error | 0.0134 |
| SAE | Sum of the absolute errors | 23.7943 |
Predictive Modules for Sheng Yi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sheng Yi Development. 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.Sheng Yi After-Hype Price Prediction Density Analysis
As far as predicting the price of Sheng Yi 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 Sheng Yi 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 Sheng Yi, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Sheng Yi Estimiated After-Hype Price Volatility
In the context of predicting Sheng Yi's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sheng Yi's historical news coverage. Sheng Yi's after-hype downside and upside margins for the prediction period are 27.73 and 29.87, respectively. We have considered Sheng Yi'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
Sheng Yi is very steady at this time. Analysis and calculation of next after-hype price of Sheng Yi Development is based on 3 months time horizon.
Sheng Yi Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Sheng Yi is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sheng Yi 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 Sheng Yi, 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 |
0.05 | 1.07 | 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 | ||
28.80 | 28.80 | 0.00 |
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Sheng Yi Hype Timeline
Sheng Yi Development is presently traded for 28.80on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Sheng 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 -0.05%. %. The volatility of related hype on Sheng Yi is about 0.0%, with the expected price after the next announcement by competition of 28.80. The company had not issued any dividends in recent years. Sheng Yi Development had a split on the 18th of December 2014. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Sheng Yi to cross-verify your projections.Sheng Yi Related Hype Analysis
Having access to credible news sources related to Sheng Yi's direct competition is more important than ever and may enhance your ability to predict Sheng Yi's future price movements. Getting to know how Sheng Yi'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 Sheng Yi may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 3489 | Sun Brothers Development | 0.00 | 0 per month | 2.04 | 0.02 | 3.17 | (2.05) | 15.22 | |
| 6171 | Tacheng Real Estate | 0.00 | 0 per month | 0.65 | (0.07) | 1.27 | (1.23) | 5.33 | |
| 9902 | Tidehold Development Co | 0.00 | 0 per month | 1.74 | 0.06 | 4.48 | (2.60) | 16.60 | |
| 6219 | Full Wang International | 0.00 | 0 per month | 0.00 | (0.11) | 3.00 | (3.09) | 12.45 | |
| 3512 | Huang Long Development | 0.00 | 0 per month | 1.04 | (0.03) | 1.46 | (1.83) | 12.99 | |
| 2506 | Pacific Construction Co | 0.00 | 0 per month | 0.00 | (0.34) | 0.94 | (1.04) | 2.60 | |
| 6264 | Kingland Property | 0.00 | 0 per month | 0.00 | (0.07) | 2.61 | (2.14) | 14.15 | |
| 5529 | MEGA International Development | 0.00 | 0 per month | 2.19 | 0.02 | 3.27 | (3.61) | 13.78 | |
| 2537 | We Win Development | 0.00 | 0 per month | 0.00 | (0.07) | 3.49 | (2.93) | 13.98 | |
| 2596 | ReaLy Development Construction | 0.00 | 0 per month | 1.56 | 0.1 | 3.39 | (2.35) | 13.94 |
Other Forecasting Options for Sheng Yi
For every potential investor in Sheng, whether a beginner or expert, Sheng Yi's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sheng Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sheng. Basic forecasting techniques help filter out the noise by identifying Sheng Yi's price trends.Sheng Yi 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 Sheng Yi stock to make a market-neutral strategy. Peer analysis of Sheng Yi could also be used in its relative valuation, which is a method of valuing Sheng Yi by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sheng Yi Market Strength Events
Market strength indicators help investors to evaluate how Sheng Yi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sheng Yi shares will generate the highest return on investment. By undertsting and applying Sheng Yi stock market strength indicators, traders can identify Sheng Yi Development entry and exit signals to maximize returns.
Sheng Yi Risk Indicators
The analysis of Sheng Yi'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 Sheng Yi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sheng 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 | 0.6913 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 |
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 Sheng Yi
The number of cover stories for Sheng Yi depends on current market conditions and Sheng Yi's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Sheng Yi 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 Sheng Yi'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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Sheng Yi Short Properties
Sheng Yi's future price predictability will typically decrease when Sheng Yi's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Sheng Yi Development often depends not only on the future outlook of the potential Sheng Yi'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. Sheng Yi's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 511 | |
| Average Daily Volume In Three Month | 6.55k |
Additional Tools for Sheng Stock Analysis
When running Sheng Yi's price analysis, check to measure Sheng Yi'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 Sheng Yi is operating at the current time. Most of Sheng Yi's value examination focuses on studying past and present price action to predict the probability of Sheng Yi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sheng Yi's price. Additionally, you may evaluate how the addition of Sheng Yi to your portfolios can decrease your overall portfolio volatility.