Taiyo Yuden Pink Sheet Forecast - Simple Exponential Smoothing

TYOYY Stock  USD 57.24  1.11  1.90%   
The Simple Exponential Smoothing forecasted value of Taiyo Yuden Co on the next trading day is expected to be 57.24 with a mean absolute deviation of 1.64 and the sum of the absolute errors of 98.44. Taiyo Pink Sheet Forecast is based on your current time horizon.
  
Taiyo Yuden 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 Taiyo Yuden Co are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Taiyo Yuden prices get older.

Taiyo Yuden Simple Exponential Smoothing Price Forecast For the 28th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Taiyo Yuden Co on the next trading day is expected to be 57.24 with a mean absolute deviation of 1.64, mean absolute percentage error of 5.20, and the sum of the absolute errors of 98.44.
Please note that although there have been many attempts to predict Taiyo Pink Sheet 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 Taiyo Yuden's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Taiyo Yuden Pink Sheet Forecast Pattern

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Taiyo Yuden Forecasted Value

In the context of forecasting Taiyo Yuden's Pink Sheet 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. Taiyo Yuden's downside and upside margins for the forecasting period are 53.47 and 61.01, respectively. We have considered Taiyo Yuden'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
57.24
57.24
Expected Value
61.01
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 Taiyo Yuden pink sheet data series using in forecasting. Note that when a statistical model is used to represent Taiyo Yuden pink sheet, 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 Criteria117.9204
BiasArithmetic mean of the errors 0.2177
MADMean absolute deviation1.6407
MAPEMean absolute percentage error0.0278
SAESum of the absolute errors98.44
This simple exponential smoothing model begins by setting Taiyo Yuden Co forecast for the second period equal to the observation of the first period. In other words, recent Taiyo Yuden observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Taiyo Yuden

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taiyo Yuden. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Taiyo Yuden's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
53.4757.2461.01
Details
Intrinsic
Valuation
LowRealHigh
46.9550.7262.96
Details
Bollinger
Band Projection (param)
LowMiddleHigh
54.3957.4560.51
Details

Other Forecasting Options for Taiyo Yuden

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

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

Taiyo Yuden Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Taiyo Yuden'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 Taiyo Yuden's current price.

Taiyo Yuden Market Strength Events

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

Taiyo Yuden Risk Indicators

The analysis of Taiyo Yuden'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 Taiyo Yuden's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting taiyo pink sheet 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Taiyo Pink Sheet Analysis

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