Dafeng TV Stock Forward View - Simple Exponential Smoothing
| 6184 Stock | TWD 48.10 0.05 0.10% |
Dafeng Stock outlook is based on your current time horizon.
At this time the value of rsi of Dafeng TV'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 Dafeng TV hype-based prediction, you can estimate the value of Dafeng TV from the perspective of Dafeng TV response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Dafeng TV on the next trading day is expected to be 48.10 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 14.20. Dafeng TV after-hype prediction price | TWD 48.1 |
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.
Dafeng |
Dafeng TV Additional Predictive Modules
Most predictive techniques to examine Dafeng price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dafeng using various technical indicators. When you analyze Dafeng 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 |
Dafeng TV Simple Exponential Smoothing Price Forecast For the 7th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Dafeng TV on the next trading day is expected to be 48.10 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.10, and the sum of the absolute errors of 14.20.Please note that although there have been many attempts to predict Dafeng Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Dafeng TV's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Dafeng TV Stock Forecast Pattern
| Backtest Dafeng TV | Dafeng TV Price Prediction | Research Analysis |
Dafeng TV Forecasted Value
In the context of forecasting Dafeng TV'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. Dafeng TV's downside and upside margins for the forecasting period are 47.40 and 48.80, respectively. We have considered Dafeng TV'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Dafeng TV stock data series using in forecasting. Note that when a statistical model is used to represent Dafeng TV 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 | 115.8449 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2328 |
| MAPE | Mean absolute percentage error | 0.0049 |
| SAE | Sum of the absolute errors | 14.2 |
Predictive Modules for Dafeng TV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dafeng TV. 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.Dafeng TV After-Hype Price Density Analysis
As far as predicting the price of Dafeng TV 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 Dafeng TV 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 Dafeng TV, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Dafeng TV Estimiated After-Hype Price Volatility
In the context of predicting Dafeng TV's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Dafeng TV's historical news coverage. Dafeng TV's after-hype downside and upside margins for the prediction period are 47.40 and 48.80, respectively. We have considered Dafeng TV'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Dafeng TV is very steady at this time. Analysis and calculation of next after-hype price of Dafeng TV is based on 3 months time horizon.
Dafeng TV Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Dafeng TV is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dafeng TV 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 Dafeng TV, 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 |
0.02 | 0.70 | 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 | |
48.10 | 48.10 | 0.00 |
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Dafeng TV Hype Timeline
Dafeng TV is presently traded for 48.10on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Dafeng 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 -0.02%. %. The volatility of related hype on Dafeng TV is about 0.0%, with the expected price after the next announcement by competition of 48.10. About 64.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.67. In the past many companies with similar price-to-book ratios have beat the market. Dafeng TV last dividend was issued on the 7th of July 2022. The entity had 1130:1000 split on the 5th of September 2016. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Dafeng TV to cross-verify your projections.Dafeng TV Related Hype Analysis
Having access to credible news sources related to Dafeng TV's direct competition is more important than ever and may enhance your ability to predict Dafeng TV's future price movements. Getting to know how Dafeng TV'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 Dafeng TV may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 6596 | Kuang Hong Arts | 0.00 | 0 per month | 0.00 | (0.18) | 2.17 | (3.64) | 7.93 | |
| 6464 | Taiwan Optical Platform | 0.00 | 0 per month | 0.00 | (0.05) | 1.42 | (1.47) | 7.54 | |
| 6625 | BIN Live Co | 0.00 | 0 per month | 1.49 | 0.01 | 2.99 | (1.91) | 9.45 | |
| 8446 | HIM International Music | 0.00 | 0 per month | 0.00 | (0.14) | 1.17 | (1.14) | 3.32 | |
| 6170 | Welldone Co | 0.00 | 0 per month | 0.00 | (0.08) | 1.11 | (1.38) | 3.78 | |
| 8487 | ELTA Technology CoLtd | 0.00 | 0 per month | 0.58 | 0.05 | 1.43 | (0.92) | 3.15 | |
| 6856 | SHINE TREND International | 0.00 | 0 per month | 1.57 | (0.02) | 2.68 | (4.33) | 14.23 | |
| 8450 | Pili International Multimedia | 0.00 | 0 per month | 0.00 | (0.06) | 1.18 | (1.72) | 4.33 | |
| 5278 | Sunfun Info Co | 0.00 | 0 per month | 0.00 | (0.14) | 3.19 | (2.65) | 8.60 |
Other Forecasting Options for Dafeng TV
For every potential investor in Dafeng, whether a beginner or expert, Dafeng TV's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dafeng Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dafeng. Basic forecasting techniques help filter out the noise by identifying Dafeng TV's price trends.Dafeng TV 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 Dafeng TV stock to make a market-neutral strategy. Peer analysis of Dafeng TV could also be used in its relative valuation, which is a method of valuing Dafeng TV by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Dafeng TV Market Strength Events
Market strength indicators help investors to evaluate how Dafeng TV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dafeng TV shares will generate the highest return on investment. By undertsting and applying Dafeng TV stock market strength indicators, traders can identify Dafeng TV entry and exit signals to maximize returns.
| Accumulation Distribution | 18.93 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 48.08 | |||
| Day Typical Price | 48.08 | |||
| Price Action Indicator | 0.05 | |||
| Period Momentum Indicator | 0.05 |
Dafeng TV Risk Indicators
The analysis of Dafeng TV'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 Dafeng TV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dafeng 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 | 0.5148 | |||
| Standard Deviation | 0.7051 | |||
| Variance | 0.4972 |
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 Dafeng TV
The number of cover stories for Dafeng TV depends on current market conditions and Dafeng TV's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Dafeng TV 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 Dafeng TV'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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Additional Tools for Dafeng Stock Analysis
When running Dafeng TV's price analysis, check to measure Dafeng TV'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 Dafeng TV is operating at the current time. Most of Dafeng TV's value examination focuses on studying past and present price action to predict the probability of Dafeng TV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dafeng TV's price. Additionally, you may evaluate how the addition of Dafeng TV to your portfolios can decrease your overall portfolio volatility.