Kim Forest Stock Forecast - Simple Exponential Smoothing

6645 Stock   18.10  0.20  1.12%   
The Simple Exponential Smoothing forecasted value of Kim Forest Enterprise on the next trading day is expected to be 18.10 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.50. Investors can use prediction functions to forecast Kim Forest's stock prices and determine the direction of Kim Forest Enterprise's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Kim Forest's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, the value of RSI of Kim Forest's share price is approaching 44. 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 Kim Forest, making its price go up or down.

Momentum 44

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Kim Forest'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 Kim Forest and does not consider all of the tangible or intangible factors available from Kim Forest's fundamental data. We analyze noise-free headlines and recent hype associated with Kim Forest Enterprise, which may create opportunities for some arbitrage if properly timed.
Using Kim Forest hype-based prediction, you can estimate the value of Kim Forest Enterprise from the perspective of Kim Forest response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Kim Forest Enterprise on the next trading day is expected to be 18.10 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.50.

Kim Forest after-hype prediction price

    
  TWD 17.9  
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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Kim Forest Additional Predictive Modules

Most predictive techniques to examine Kim price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Kim using various technical indicators. When you analyze Kim 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.
Kim Forest simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Kim Forest Enterprise are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Kim Forest Enterprise prices get older.

Kim Forest Simple Exponential Smoothing Price Forecast For the 28th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Kim Forest Enterprise on the next trading day is expected to be 18.10 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.13, and the sum of the absolute errors of 15.50.
Please note that although there have been many attempts to predict Kim 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 Kim Forest's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kim Forest Stock Forecast Pattern

Kim Forest Forecasted Value

In the context of forecasting Kim Forest'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. Kim Forest's downside and upside margins for the forecasting period are 16.19 and 20.01, respectively. We have considered Kim Forest'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
18.10
18.10
Expected Value
20.01
Upside

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 Kim Forest stock data series using in forecasting. Note that when a statistical model is used to represent Kim Forest 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 Criteria114.2305
BiasArithmetic mean of the errors 0.0617
MADMean absolute deviation0.2583
MAPEMean absolute percentage error0.0139
SAESum of the absolute errors15.5
This simple exponential smoothing model begins by setting Kim Forest Enterprise forecast for the second period equal to the observation of the first period. In other words, recent Kim Forest observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Kim Forest

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kim Forest Enterprise. 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.

Kim Forest Estimiated After-Hype Price Volatility

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

Kim Forest Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Kim Forest is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kim Forest 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 Kim Forest, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.34 
1.91
 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
18.10
17.90
0.00 
0.00  
Notes

Kim Forest Hype Timeline

Kim Forest Enterprise is presently traded for 18.10on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Kim 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 -0.34%. %. The volatility of related hype on Kim Forest is about 0.0%, with the expected price after the next announcement by competition of 18.10. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Kim Forest Related Hype Analysis

Having access to credible news sources related to Kim Forest's direct competition is more important than ever and may enhance your ability to predict Kim Forest's future price movements. Getting to know how Kim Forest'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 Kim Forest 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
6496Excelsior Biopharma 0.00 0 per month 0.00 (0.11) 1.39 (1.37) 7.62 
4194Holy Stone Healthcare 0.00 0 per month 0.00 (0.12) 5.37 (7.13) 17.59 
4150Unicon Optical Co 0.00 0 per month 0.00 (0.24) 1.76 (2.69) 11.57 
6827MegaPro Biomedical Co 0.00 0 per month 0.00 (0.15) 3.19 (7.93) 13.44 
4171GeneReach Biotechnology 0.00 0 per month 2.77  0.03  9.88 (5.17) 19.34 
4160Genetics Generation Advancement 0.00 0 per month 0.00 (0.06) 4.58 (3.17) 11.39 
7725LabTurbo Biotech 0.00 0 per month 2.12  0.02  3.43 (4.67) 10.34 
7427Great Novel Therapeutics 0.00 0 per month 5.95  0.06  25.82 (5.28) 76.20 
4188AmCad BioMed 0.00 0 per month 0.00 (0.15) 2.44 (2.01) 7.33 
6677Anxo Pharmaceutical Co 0.00 0 per month 0.00 (0.22) 2.87 (3.32) 12.49 

Other Forecasting Options for Kim Forest

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

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

Kim Forest Market Strength Events

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

Kim Forest Risk Indicators

The analysis of Kim Forest'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 Kim Forest's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kim 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 Kim Forest

The number of cover stories for Kim Forest depends on current market conditions and Kim Forest's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Kim Forest 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 Kim Forest'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 Kim Stock Analysis

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