WW Holding Stock Forecast - Simple Exponential Smoothing

8442 Stock  TWD 70.40  0.60  0.85%   
8442 Stock outlook is based on your current time horizon.
At this time, The value of RSI of WW Holding's share price is at 50. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling WW Holding, making its price go up or down.

Momentum 50

 Impartial

 
Oversold
 
Overbought
The successful prediction of WW Holding'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 WW Holding and does not consider all of the tangible or intangible factors available from WW Holding's fundamental data. We analyze noise-free headlines and recent hype associated with WW Holding, which may create opportunities for some arbitrage if properly timed.
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 Simple Exponential Smoothing forecasted value of WW Holding on the next trading day is expected to be 70.40 with a mean absolute deviation of 0.83 and the sum of the absolute errors of 49.90.

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.
  
Check out Historical Fundamental Analysis of WW Holding to cross-verify your projections.

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.
WW Holding simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for WW Holding are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as WW Holding prices get older.

WW Holding Simple Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of WW Holding on the next trading day is expected to be 70.40 with a mean absolute deviation of 0.83, mean absolute percentage error of 1.39, and the sum of the absolute errors of 49.90.
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

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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 68.77 and 72.03, 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.
Market Value
70.40
70.40
Expected Value
72.03
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing 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.
AICAkaike Information Criteria116.5989
BiasArithmetic mean of the errors -0.015
MADMean absolute deviation0.8317
MAPEMean absolute percentage error0.0118
SAESum of the absolute errors49.9
This simple exponential smoothing model begins by setting WW Holding forecast for the second period equal to the observation of the first period. In other words, recent WW Holding observations are given relatively more weight in forecasting than the older observations.

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.
Hype
Prediction
LowEstimatedHigh
68.7870.4072.02
Details
Intrinsic
Valuation
LowRealHigh
57.5059.1177.44
Details
Bollinger
Band Projection (param)
LowMiddleHigh
68.3070.5372.76
Details

WW Holding After-Hype Price 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
70.40
70.40
After-hype Price
72.02
Upside
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 Outlook 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 ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
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
70.40
70.40
0.00 
0.00  
Notes

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 0.03%. %. 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.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
6201Ya Horng Electronic 0.00 0 per month 0.00 (0.12) 1.42 (1.22) 4.26 
8482Shane Global Holding 0.00 0 per month 0.00 (0.16) 2.97 (2.51) 6.90 
1472Tri Ocean Textile 0.00 0 per month 0.00 (0.14) 1.02 (1.09) 4.05 
1524Gordon Auto Body 0.00 0 per month 1.35  0.06  4.50 (2.05) 10.57 
9951Macauto Industrial Co 0.00 0 per month 0.00 (0.1) 1.87 (1.40) 7.77 
2748FDC International Hotels 0.00 0 per month 0.00 (0.21) 1.17 (1.51) 3.92 
1525Kian Shen Corp 0.00 0 per month 0.00 (0.08) 1.27 (1.55) 6.30 
8924O TA Precision Industry 0.00 0 per month 0.93 (0.0002) 1.97 (1.61) 4.95 
2718Allmind Holdings 0.00 0 per month 0.00 (0.16) 1.97 (2.11) 9.53 
1598Dyaco 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.
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.

Other Macroaxis Stories

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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.