Ping Ho Stock Forecast - Naive Prediction

6771 Stock   45.00  1.15  2.49%   
The Naive Prediction forecasted value of Ping Ho Environmental on the next trading day is expected to be 46.17 with a mean absolute deviation of 0.44 and the sum of the absolute errors of 26.61. Investors can use prediction functions to forecast Ping Ho's stock prices and determine the direction of Ping Ho Environmental'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 Ping Ho'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 Ping Ho'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 Ping Ho'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 Ping Ho and does not consider all of the tangible or intangible factors available from Ping Ho's fundamental data. We analyze noise-free headlines and recent hype associated with Ping Ho Environmental, which may create opportunities for some arbitrage if properly timed.
Using Ping Ho hype-based prediction, you can estimate the value of Ping Ho Environmental from the perspective of Ping Ho response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Ping Ho Environmental on the next trading day is expected to be 46.17 with a mean absolute deviation of 0.44 and the sum of the absolute errors of 26.61.

Ping Ho after-hype prediction price

    
  TWD 45.0  
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.

Ping Ho Additional Predictive Modules

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

Ping Ho Naive Prediction Price Forecast For the 17th of January 2026

Given 90 days horizon, the Naive Prediction forecasted value of Ping Ho Environmental on the next trading day is expected to be 46.17 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.35, and the sum of the absolute errors of 26.61.
Please note that although there have been many attempts to predict Ping 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 Ping Ho's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ping Ho Stock Forecast Pattern

Ping Ho Forecasted Value

In the context of forecasting Ping Ho'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. Ping Ho's downside and upside margins for the forecasting period are 44.94 and 47.40, respectively. We have considered Ping Ho'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
45.00
46.17
Expected Value
47.40
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 Ping Ho stock data series using in forecasting. Note that when a statistical model is used to represent Ping Ho 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 Criteria117.0741
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4363
MAPEMean absolute percentage error0.0094
SAESum of the absolute errors26.6118
This model is not at all useful as a medium-long range forecasting tool of Ping Ho Environmental. 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 Ping Ho. 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 Ping Ho

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ping Ho Environmental. 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 Ping Ho

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

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

Ping Ho Environmental 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 Ping Ho'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 Ping Ho's current price.

Ping Ho Market Strength Events

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

Ping Ho Risk Indicators

The analysis of Ping Ho'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 Ping Ho's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ping 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.

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 Ping Stock Analysis

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