Rich Honour Stock Forecast - Simple Regression
| 6754 Stock | TWD 47.65 0.35 0.73% |
The Simple Regression forecasted value of Rich Honour International on the next trading day is expected to be 47.87 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.60. Rich Stock Forecast is based on your current time horizon.
At this time the value of rsi of Rich Honour'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 Rich Honour hype-based prediction, you can estimate the value of Rich Honour International from the perspective of Rich Honour response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Rich Honour International on the next trading day is expected to be 47.87 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.60. Rich Honour after-hype prediction price | TWD 47.65 |
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.
Rich |
Rich Honour Additional Predictive Modules
Most predictive techniques to examine Rich price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Rich using various technical indicators. When you analyze Rich 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 |
Rich Honour Simple Regression Price Forecast For the 18th of January 2026
Given 90 days horizon, the Simple Regression forecasted value of Rich Honour International on the next trading day is expected to be 47.87 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.24, and the sum of the absolute errors of 25.60.Please note that although there have been many attempts to predict Rich 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 Rich Honour's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Rich Honour Stock Forecast Pattern
| Backtest Rich Honour | Rich Honour Price Prediction | Buy or Sell Advice |
Rich Honour Forecasted Value
In the context of forecasting Rich Honour'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. Rich Honour's downside and upside margins for the forecasting period are 47.06 and 48.68, respectively. We have considered Rich Honour'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 Rich Honour stock data series using in forecasting. Note that when a statistical model is used to represent Rich Honour 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 | 118.5381 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.413 |
| MAPE | Mean absolute percentage error | 0.0088 |
| SAE | Sum of the absolute errors | 25.6043 |
Predictive Modules for Rich Honour
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rich Honour International. 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.Other Forecasting Options for Rich Honour
For every potential investor in Rich, whether a beginner or expert, Rich Honour's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Rich Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Rich. Basic forecasting techniques help filter out the noise by identifying Rich Honour's price trends.Rich Honour 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 Rich Honour stock to make a market-neutral strategy. Peer analysis of Rich Honour could also be used in its relative valuation, which is a method of valuing Rich Honour by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Rich Honour International Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Rich Honour's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Rich Honour's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Rich Honour Market Strength Events
Market strength indicators help investors to evaluate how Rich Honour stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rich Honour shares will generate the highest return on investment. By undertsting and applying Rich Honour stock market strength indicators, traders can identify Rich Honour International entry and exit signals to maximize returns.
| Accumulation Distribution | 106.05 | |||
| Daily Balance Of Power | (0.78) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 47.78 | |||
| Day Typical Price | 47.73 | |||
| Price Action Indicator | (0.30) | |||
| Period Momentum Indicator | (0.35) |
Rich Honour Risk Indicators
The analysis of Rich Honour'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 Rich Honour's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rich 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 | 0.4967 | |||
| Standard Deviation | 0.813 | |||
| Variance | 0.661 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Rich Stock Analysis
When running Rich Honour's price analysis, check to measure Rich Honour'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 Rich Honour is operating at the current time. Most of Rich Honour's value examination focuses on studying past and present price action to predict the probability of Rich Honour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rich Honour's price. Additionally, you may evaluate how the addition of Rich Honour to your portfolios can decrease your overall portfolio volatility.