7708 Stock Forward View - Simple Regression
| 7708 Stock | 97.00 2.90 3.08% |
Momentum 55
Impartial
Oversold | Overbought |
Using 7708 hype-based prediction, you can estimate the value of 7708 from the perspective of 7708 response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of 7708 on the next trading day is expected to be 93.88 with a mean absolute deviation of 0.50 and the sum of the absolute errors of 30.62. 7708 after-hype prediction price | TWD 97.0 |
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.
7708 |
7708 Additional Predictive Modules
Most predictive techniques to examine 7708 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 7708 using various technical indicators. When you analyze 7708 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 |
7708 Simple Regression Price Forecast For the 4th of February
Given 90 days horizon, the Simple Regression forecasted value of 7708 on the next trading day is expected to be 93.88 with a mean absolute deviation of 0.50, mean absolute percentage error of 0.71, and the sum of the absolute errors of 30.62.Please note that although there have been many attempts to predict 7708 Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that 7708's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
7708 Stock Forecast Pattern
7708 Forecasted Value
In the context of forecasting 7708'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. 7708's downside and upside margins for the forecasting period are 93.23 and 94.53, respectively. We have considered 7708'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 7708 stock data series using in forecasting. Note that when a statistical model is used to represent 7708 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 | 117.7661 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.502 |
| MAPE | Mean absolute percentage error | 0.0052 |
| SAE | Sum of the absolute errors | 30.6227 |
Predictive Modules for 7708
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 7708. 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.7708 Estimiated After-Hype Price Volatility
As far as predicting the price of 7708 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 7708 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 7708, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
7708 Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as 7708 is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 7708 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 7708, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.05 | 0.65 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
97.00 | 97.00 | 0.00 |
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7708 Hype Timeline
7708 is presently traded for 97.00on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. 7708 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 7708 is about 0.0%, with the expected price after the next announcement by competition of 97.00. 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 industry.7708 Related Hype Analysis
Having access to credible news sources related to 7708's direct competition is more important than ever and may enhance your ability to predict 7708's future price movements. Getting to know how 7708'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 7708 may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 7757 | Lebledor FB Co | 0.00 | 0 per month | 0.00 | (0.18) | 3.54 | (2.05) | 8.58 | |
| 1475 | Big Sunshine Co | 0.00 | 0 per month | 0.00 | (0.24) | 1.65 | (3.33) | 5.82 | |
| 5324 | Shihlin Development | 0.00 | 0 per month | 0.78 | 0.05 | 1.87 | (1.44) | 6.02 | |
| 7723 | Jhu Jian Catering | 0.00 | 0 per month | 0.00 | (0.21) | 2.91 | (3.35) | 10.62 | |
| 1439 | Chuwa Wool Industry | 0.00 | 0 per month | 0.95 | 0.04 | 1.87 | (1.84) | 10.56 | |
| 1446 | Hong Ho Precision | 0.00 | 0 per month | 0.00 | (0.13) | 1.90 | (2.67) | 10.01 | |
| 6807 | Fy Grp | 0.00 | 0 per month | 0.00 | (0.22) | 0.88 | (1.20) | 3.23 | |
| 2758 | Louisa Professional Coffee | 0.00 | 0 per month | 1.33 | (0.04) | 2.46 | (2.39) | 5.32 | |
| 1568 | Tsang Yow Industrial | 0.00 | 0 per month | 1.06 | 0.01 | 1.81 | (2.00) | 12.79 |
Other Forecasting Options for 7708
For every potential investor in 7708, whether a beginner or expert, 7708's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 7708 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 7708. Basic forecasting techniques help filter out the noise by identifying 7708's price trends.7708 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 7708 stock to make a market-neutral strategy. Peer analysis of 7708 could also be used in its relative valuation, which is a method of valuing 7708 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
7708 Market Strength Events
Market strength indicators help investors to evaluate how 7708 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 7708 shares will generate the highest return on investment. By undertsting and applying 7708 stock market strength indicators, traders can identify 7708 entry and exit signals to maximize returns.
7708 Risk Indicators
The analysis of 7708'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 7708's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 7708 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 | 0.4066 | |||
| Standard Deviation | 0.6857 | |||
| Variance | 0.4702 |
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 7708
The number of cover stories for 7708 depends on current market conditions and 7708's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that 7708 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 7708's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for 7708 Stock Analysis
When running 7708's price analysis, check to measure 7708'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 7708 is operating at the current time. Most of 7708's value examination focuses on studying past and present price action to predict the probability of 7708's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 7708's price. Additionally, you may evaluate how the addition of 7708 to your portfolios can decrease your overall portfolio volatility.