Kingland Property Stock Forecast - Naive Prediction

6264 Stock  TWD 7.17  0.05  0.70%   
The Naive Prediction forecasted value of Kingland Property on the next trading day is expected to be 7.21 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.23. Kingland Stock Forecast is based on your current time horizon.
As of today the value of rsi of Kingland Property'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
The successful prediction of Kingland Property'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 Kingland Property and does not consider all of the tangible or intangible factors available from Kingland Property's fundamental data. We analyze noise-free headlines and recent hype associated with Kingland Property, which may create opportunities for some arbitrage if properly timed.
Using Kingland Property hype-based prediction, you can estimate the value of Kingland Property from the perspective of Kingland Property response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Kingland Property on the next trading day is expected to be 7.21 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.23.

Kingland Property after-hype prediction price

    
  TWD 7.17  
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 Kingland Property to check your projections.

Kingland Property Additional Predictive Modules

Most predictive techniques to examine Kingland price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Kingland using various technical indicators. When you analyze Kingland 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.
A naive forecasting model for Kingland Property is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Kingland Property 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.

Kingland Property Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of Kingland Property on the next trading day is expected to be 7.21 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.23.
Please note that although there have been many attempts to predict Kingland 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 Kingland Property's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kingland Property Stock Forecast Pattern

Kingland Property Forecasted Value

In the context of forecasting Kingland Property'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. Kingland Property's downside and upside margins for the forecasting period are 5.20 and 9.23, respectively. We have considered Kingland Property'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
7.17
7.21
Expected Value
9.23
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 Kingland Property stock data series using in forecasting. Note that when a statistical model is used to represent Kingland Property 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 Criteria113.6783
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0693
MAPEMean absolute percentage error0.0097
SAESum of the absolute errors4.2256
This model is not at all useful as a medium-long range forecasting tool of Kingland Property. 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 Kingland Property. 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 Kingland Property

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kingland Property. 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
5.167.179.18
Details
Intrinsic
Valuation
LowRealHigh
5.107.119.12
Details

Kingland Property Estimiated After-Hype Price Prediction Volatility

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

Kingland Property Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Kingland Property is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kingland Property 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 Kingland Property, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.05 
2.01
 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
7.17
7.17
0.00 
0.00  
Notes

Kingland Property Hype Timeline

Kingland Property is presently traded for 7.17on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Kingland 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 Kingland Property is about 0.0%, with the expected price after the next announcement by competition of 7.17. 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 Kingland Property to check your projections.

Kingland Property Related Hype Analysis

Having access to credible news sources related to Kingland Property's direct competition is more important than ever and may enhance your ability to predict Kingland Property's future price movements. Getting to know how Kingland Property'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 Kingland Property may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Kingland Property

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

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

Kingland Property Market Strength Events

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

Kingland Property Risk Indicators

The analysis of Kingland Property'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 Kingland Property's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kingland 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 Kingland Property

The number of cover stories for Kingland Property depends on current market conditions and Kingland Property's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Kingland Property 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 Kingland Property's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for Kingland Stock Analysis

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