Co Tech Stock Forecast - Simple Regression

8358 Stock  TWD 261.00  8.00  3.16%   
The Simple Regression forecasted value of Co Tech Development on the next trading day is expected to be 270.19 with a mean absolute deviation of 9.82 and the sum of the absolute errors of 599.30. 8358 Stock Forecast is based on your current time horizon.
As of today the value of rsi of Co Tech'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 Co Tech'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 Co Tech and does not consider all of the tangible or intangible factors available from Co Tech's fundamental data. We analyze noise-free headlines and recent hype associated with Co Tech Development, which may create opportunities for some arbitrage if properly timed.
Using Co Tech hype-based prediction, you can estimate the value of Co Tech Development from the perspective of Co Tech response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Co Tech Development on the next trading day is expected to be 270.19 with a mean absolute deviation of 9.82 and the sum of the absolute errors of 599.30.

Co Tech after-hype prediction price

    
  TWD 261.0  
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 Historical Fundamental Analysis of Co Tech to cross-verify your projections.

Co Tech Additional Predictive Modules

Most predictive techniques to examine 8358 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 8358 using various technical indicators. When you analyze 8358 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 Co Tech 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.

Co Tech Simple Regression Price Forecast For the 15th of January 2026

Given 90 days horizon, the Simple Regression forecasted value of Co Tech Development on the next trading day is expected to be 270.19 with a mean absolute deviation of 9.82, mean absolute percentage error of 151.28, and the sum of the absolute errors of 599.30.
Please note that although there have been many attempts to predict 8358 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 Co Tech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Co Tech Stock Forecast Pattern

Backtest Co TechCo Tech Price PredictionBuy or Sell Advice 

Co Tech Forecasted Value

In the context of forecasting Co Tech'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. Co Tech's downside and upside margins for the forecasting period are 266.35 and 274.04, respectively. We have considered Co Tech'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
261.00
266.35
Downside
270.19
Expected Value
274.04
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 Co Tech stock data series using in forecasting. Note that when a statistical model is used to represent Co Tech 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 Criteria123.1297
BiasArithmetic mean of the errors None
MADMean absolute deviation9.8246
MAPEMean absolute percentage error0.0398
SAESum of the absolute errors599.3002
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 Co Tech Development 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 Co Tech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Co Tech Development. 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
257.15261.00264.85
Details
Intrinsic
Valuation
LowRealHigh
210.35214.20287.10
Details

Other Forecasting Options for Co Tech

For every potential investor in 8358, whether a beginner or expert, Co Tech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 8358 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 8358. Basic forecasting techniques help filter out the noise by identifying Co Tech's price trends.

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

Co Tech Development 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 Co Tech'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 Co Tech's current price.

Co Tech Market Strength Events

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

Co Tech Risk Indicators

The analysis of Co Tech'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 Co Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 8358 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 Co Tech

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 Co Tech 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 Co Tech will appreciate offsetting losses from the drop in the long position's value.

Moving together with 8358 Stock

  0.632454 MediaTekPairCorr
  0.642303 United MicroelectronicsPairCorr

Moving against 8358 Stock

  0.713034 Novatek MicroelectronicsPairCorr
  0.652357 Asustek ComputerPairCorr
  0.546732 Sensortek Technology CorpPairCorr
  0.53293 International GamesPairCorr
  0.485269 Asmedia TechnologyPairCorr
The ability to find closely correlated positions to Co Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Co Tech 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 Co Tech - 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 Co Tech Development to buy it.
The correlation of Co Tech 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 Co Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Co Tech Development 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 Co Tech 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 8358 Stock Analysis

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