Feedback Technology Stock Forecast - Simple Regression

8091 Stock  TWD 111.50  0.50  0.45%   
The Simple Regression forecasted value of Feedback Technology on the next trading day is expected to be 115.42 with a mean absolute deviation of 2.16 and the sum of the absolute errors of 131.96. Feedback Stock Forecast is based on your current time horizon.
As of today the value of rsi of Feedback Technology'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 Feedback Technology'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 Feedback Technology and does not consider all of the tangible or intangible factors available from Feedback Technology's fundamental data. We analyze noise-free headlines and recent hype associated with Feedback Technology, which may create opportunities for some arbitrage if properly timed.
Using Feedback Technology hype-based prediction, you can estimate the value of Feedback Technology from the perspective of Feedback Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Feedback Technology on the next trading day is expected to be 115.42 with a mean absolute deviation of 2.16 and the sum of the absolute errors of 131.96.

Feedback Technology after-hype prediction price

    
  TWD 111.5  
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 Historical Fundamental Analysis of Feedback Technology to cross-verify your projections.

Feedback Technology Additional Predictive Modules

Most predictive techniques to examine Feedback price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Feedback using various technical indicators. When you analyze Feedback 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Feedback Technology price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Feedback Technology Simple Regression Price Forecast For the 3rd of January

Given 90 days horizon, the Simple Regression forecasted value of Feedback Technology on the next trading day is expected to be 115.42 with a mean absolute deviation of 2.16, mean absolute percentage error of 7.36, and the sum of the absolute errors of 131.96.
Please note that although there have been many attempts to predict Feedback 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 Feedback Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Feedback Technology Stock Forecast Pattern

Backtest Feedback TechnologyFeedback Technology Price PredictionBuy or Sell Advice 

Feedback Technology Forecasted Value

In the context of forecasting Feedback Technology'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. Feedback Technology's downside and upside margins for the forecasting period are 113.69 and 117.15, respectively. We have considered Feedback Technology'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
111.50
113.69
Downside
115.42
Expected Value
117.15
Upside

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 Feedback Technology stock data series using in forecasting. Note that when a statistical model is used to represent Feedback Technology 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 Criteria120.107
BiasArithmetic mean of the errors None
MADMean absolute deviation2.1633
MAPEMean absolute percentage error0.0194
SAESum of the absolute errors131.9584
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Feedback Technology historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Feedback Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Feedback Technology. 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.
Hype
Prediction
LowEstimatedHigh
109.78111.50113.22
Details
Intrinsic
Valuation
LowRealHigh
109.91111.62113.35
Details
Bollinger
Band Projection (param)
LowMiddleHigh
110.61114.27117.93
Details

Other Forecasting Options for Feedback Technology

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

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

Feedback Technology 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 Feedback Technology'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 Feedback Technology's current price.

Feedback Technology Market Strength Events

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

Feedback Technology Risk Indicators

The analysis of Feedback Technology'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 Feedback Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting feedback 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.

Pair Trading with Feedback Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Feedback Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Feedback Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Feedback Stock

  0.656488 GlobalWafersPairCorr
  0.633430 Chitec TechnologyPairCorr
  0.526728 Up Young CornerstonePairCorr
  0.486415 Silergy CorpPairCorr
  0.465347 Vanguard InternationalPairCorr
The ability to find closely correlated positions to Feedback Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Feedback Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Feedback Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Feedback Technology to buy it.
The correlation of Feedback Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Feedback Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Feedback Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Feedback Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Feedback Stock Analysis

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