WW Holding Stock Forecast - Naive Prediction
| 8442 Stock | TWD 70.40 0.60 0.85% |
The Naive Prediction forecasted value of WW Holding on the next trading day is expected to be 69.62 with a mean absolute deviation of 1.29 and the sum of the absolute errors of 78.85. 8442 Stock Forecast is based on your current time horizon.
At this time the value of rsi of WW Holding'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 |
Using WW Holding hype-based prediction, you can estimate the value of WW Holding from the perspective of WW Holding response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of WW Holding on the next trading day is expected to be 69.62 with a mean absolute deviation of 1.29 and the sum of the absolute errors of 78.85. WW Holding after-hype prediction price | TWD 70.4 |
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.
8442 |
WW Holding Additional Predictive Modules
Most predictive techniques to examine 8442 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 8442 using various technical indicators. When you analyze 8442 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 | ||
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| Volatility Indicators | ||
| Volume Indicators |
WW Holding Naive Prediction Price Forecast For the 26th of January
Given 90 days horizon, the Naive Prediction forecasted value of WW Holding on the next trading day is expected to be 69.62 with a mean absolute deviation of 1.29, mean absolute percentage error of 2.52, and the sum of the absolute errors of 78.85.Please note that although there have been many attempts to predict 8442 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 WW Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
WW Holding Stock Forecast Pattern
| Backtest WW Holding | WW Holding Price Prediction | Buy or Sell Advice |
WW Holding Forecasted Value
In the context of forecasting WW Holding'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. WW Holding's downside and upside margins for the forecasting period are 68.00 and 71.24, respectively. We have considered WW Holding'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of WW Holding stock data series using in forecasting. Note that when a statistical model is used to represent WW Holding 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 | 119.0359 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.2927 |
| MAPE | Mean absolute percentage error | 0.0184 |
| SAE | Sum of the absolute errors | 78.8524 |
Predictive Modules for WW Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WW Holding. 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.WW Holding After-Hype Price Prediction Density Analysis
As far as predicting the price of WW Holding 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 WW Holding 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 WW Holding, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
WW Holding Estimiated After-Hype Price Volatility
In the context of predicting WW Holding's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on WW Holding's historical news coverage. WW Holding's after-hype downside and upside margins for the prediction period are 68.78 and 72.02, respectively. We have considered WW Holding's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
WW Holding is very steady at this time. Analysis and calculation of next after-hype price of WW Holding is based on 3 months time horizon.
WW Holding Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as WW Holding is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading WW Holding 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 WW Holding, 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 |
0.02 | 1.62 | 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 | ||
70.40 | 70.40 | 0.00 |
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WW Holding Hype Timeline
WW Holding is presently traded for 70.40on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. 8442 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 0.02%. %. The volatility of related hype on WW Holding is about 0.0%, with the expected price after the next announcement by competition of 70.40. About 68.0% of the company shares are owned by insiders or employees . The book value of WW Holding was presently reported as 37.53. The company has Price/Earnings (P/E) ratio of 183.47. WW Holding recorded earning per share (EPS) of 8.9. The entity last dividend was issued on the 6th of December 2022. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of WW Holding to cross-verify your projections.WW Holding Related Hype Analysis
Having access to credible news sources related to WW Holding's direct competition is more important than ever and may enhance your ability to predict WW Holding's future price movements. Getting to know how WW Holding'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 WW Holding may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 6201 | Ya Horng Electronic | 0.00 | 0 per month | 0.00 | (0.12) | 1.42 | (1.22) | 4.26 | |
| 8482 | Shane Global Holding | 0.00 | 0 per month | 0.00 | (0.16) | 2.97 | (2.51) | 6.90 | |
| 1472 | Tri Ocean Textile | 0.00 | 0 per month | 0.00 | (0.14) | 1.02 | (1.09) | 4.05 | |
| 1524 | Gordon Auto Body | 0.00 | 0 per month | 1.35 | 0.06 | 4.50 | (2.05) | 10.57 | |
| 9951 | Macauto Industrial Co | 0.00 | 0 per month | 0.00 | (0.1) | 1.87 | (1.40) | 7.77 | |
| 2748 | FDC International Hotels | 0.00 | 0 per month | 0.00 | (0.21) | 1.17 | (1.51) | 3.92 | |
| 1525 | Kian Shen Corp | 0.00 | 0 per month | 0.00 | (0.08) | 1.27 | (1.55) | 6.30 | |
| 8924 | O TA Precision Industry | 0.00 | 0 per month | 0.93 | (0.0002) | 1.97 | (1.61) | 4.95 | |
| 2718 | Allmind Holdings | 0.00 | 0 per month | 0.00 | (0.16) | 1.97 | (2.11) | 9.53 | |
| 1598 | Dyaco International | 0.00 | 0 per month | 0.00 | (0.17) | 2.84 | (2.78) | 13.96 |
Other Forecasting Options for WW Holding
For every potential investor in 8442, whether a beginner or expert, WW Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 8442 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 8442. Basic forecasting techniques help filter out the noise by identifying WW Holding's price trends.WW Holding 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 WW Holding stock to make a market-neutral strategy. Peer analysis of WW Holding could also be used in its relative valuation, which is a method of valuing WW Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
WW Holding Market Strength Events
Market strength indicators help investors to evaluate how WW Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WW Holding shares will generate the highest return on investment. By undertsting and applying WW Holding stock market strength indicators, traders can identify WW Holding entry and exit signals to maximize returns.
WW Holding Risk Indicators
The analysis of WW Holding'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 WW Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 8442 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 | 1.17 | |||
| Semi Deviation | 1.62 | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.73 | |||
| Downside Variance | 3.39 | |||
| Semi Variance | 2.61 | |||
| Expected Short fall | (1.33) |
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 WW Holding
The number of cover stories for WW Holding depends on current market conditions and WW Holding's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that WW Holding 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 WW Holding'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 8442 Stock Analysis
When running WW Holding's price analysis, check to measure WW Holding'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 WW Holding is operating at the current time. Most of WW Holding's value examination focuses on studying past and present price action to predict the probability of WW Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WW Holding's price. Additionally, you may evaluate how the addition of WW Holding to your portfolios can decrease your overall portfolio volatility.