Visco Vision Stock Forecast - Naive Prediction

6782 Stock   175.00  0.50  0.29%   
The Naive Prediction forecasted value of Visco Vision on the next trading day is expected to be 175.23 with a mean absolute deviation of 2.63 and the sum of the absolute errors of 160.70. Investors can use prediction functions to forecast Visco Vision's stock prices and determine the direction of Visco Vision'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 Visco Vision'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 Visco Vision'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 Visco Vision'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 Visco Vision and does not consider all of the tangible or intangible factors available from Visco Vision's fundamental data. We analyze noise-free headlines and recent hype associated with Visco Vision, which may create opportunities for some arbitrage if properly timed.
Using Visco Vision hype-based prediction, you can estimate the value of Visco Vision from the perspective of Visco Vision response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Visco Vision on the next trading day is expected to be 175.23 with a mean absolute deviation of 2.63 and the sum of the absolute errors of 160.70.

Visco Vision after-hype prediction price

    
  TWD 175.0  
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.

Visco Vision Additional Predictive Modules

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

Visco Vision Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of Visco Vision on the next trading day is expected to be 175.23 with a mean absolute deviation of 2.63, mean absolute percentage error of 11.66, and the sum of the absolute errors of 160.70.
Please note that although there have been many attempts to predict Visco 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 Visco Vision's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Visco Vision Stock Forecast Pattern

Visco Vision Forecasted Value

In the context of forecasting Visco Vision'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. Visco Vision's downside and upside margins for the forecasting period are 173.61 and 176.86, respectively. We have considered Visco Vision'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
175.00
173.61
Downside
175.23
Expected Value
176.86
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 Visco Vision stock data series using in forecasting. Note that when a statistical model is used to represent Visco Vision 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 Criteria120.5664
BiasArithmetic mean of the errors None
MADMean absolute deviation2.6344
MAPEMean absolute percentage error0.0146
SAESum of the absolute errors160.6959
This model is not at all useful as a medium-long range forecasting tool of Visco Vision. 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 Visco Vision. 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 Visco Vision

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

Visco Vision Estimiated After-Hype Price Prediction Volatility

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

Visco Vision Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Visco Vision is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Visco Vision 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 Visco Vision, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.15 
1.63
 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
175.00
175.00
0.00 
0.00  
Notes

Visco Vision Hype Timeline

Visco Vision is presently traded for 175.00on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Visco 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 -0.15%. %. The volatility of related hype on Visco Vision is about 0.0%, with the expected price after the next announcement by competition of 175.00. 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.

Visco Vision Related Hype Analysis

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

Other Forecasting Options for Visco Vision

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

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

Visco Vision Market Strength Events

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

Visco Vision Risk Indicators

The analysis of Visco Vision'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 Visco Vision's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting visco 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 Visco Vision

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

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