WiSA Technologies Stock Forecast - 20 Period Moving Average
| WISA Stock | USD 1.57 0.05 3.09% |
The 20 Period Moving Average forecasted value of WiSA Technologies on the next trading day is expected to be 1.85 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 5.34. WiSA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast WiSA Technologies stock prices and determine the direction of WiSA Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of WiSA Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
WiSA |
WiSA Technologies 20 Period Moving Average Price Forecast For the 27th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of WiSA Technologies on the next trading day is expected to be 1.85 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.03, and the sum of the absolute errors of 5.34.Please note that although there have been many attempts to predict WiSA 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 WiSA Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
WiSA Technologies Stock Forecast Pattern
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WiSA Technologies Forecasted Value
In the context of forecasting WiSA Technologies' 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. WiSA Technologies' downside and upside margins for the forecasting period are 0.02 and 18.74, respectively. We have considered WiSA Technologies' 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of WiSA Technologies stock data series using in forecasting. Note that when a statistical model is used to represent WiSA Technologies 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 | 77.7438 |
| Bias | Arithmetic mean of the errors | 0.0164 |
| MAD | Mean absolute deviation | 0.1301 |
| MAPE | Mean absolute percentage error | 0.0738 |
| SAE | Sum of the absolute errors | 5.3355 |
Predictive Modules for WiSA Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WiSA Technologies. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WiSA Technologies' 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.
Other Forecasting Options for WiSA Technologies
For every potential investor in WiSA, whether a beginner or expert, WiSA Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. WiSA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in WiSA. Basic forecasting techniques help filter out the noise by identifying WiSA Technologies' price trends.WiSA Technologies 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 WiSA Technologies stock to make a market-neutral strategy. Peer analysis of WiSA Technologies could also be used in its relative valuation, which is a method of valuing WiSA Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
WiSA Technologies 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 WiSA Technologies' 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 WiSA Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
WiSA Technologies Market Strength Events
Market strength indicators help investors to evaluate how WiSA Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WiSA Technologies shares will generate the highest return on investment. By undertsting and applying WiSA Technologies stock market strength indicators, traders can identify WiSA Technologies entry and exit signals to maximize returns.
| Accumulation Distribution | 24164.64 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 1.6 | |||
| Day Typical Price | 1.59 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.05) |
WiSA Technologies Risk Indicators
The analysis of WiSA Technologies' 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 WiSA Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wisa 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 | 6.81 | |||
| Semi Deviation | 6.14 | |||
| Standard Deviation | 16.69 | |||
| Variance | 278.47 | |||
| Downside Variance | 49.0 | |||
| Semi Variance | 37.71 | |||
| Expected Short fall | (9.75) |
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.When determining whether WiSA Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiSA Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wisa Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wisa Technologies Stock:Check out Historical Fundamental Analysis of WiSA Technologies to cross-verify your projections. For information on how to trade WiSA Stock refer to our How to Trade WiSA Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WiSA Technologies. If investors know WiSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WiSA Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -1.3 K | Revenue Per Share 1.648 | Quarterly Revenue Growth (0.19) | Return On Assets (1.31) | Return On Equity (8.53) |
The market value of WiSA Technologies is measured differently than its book value, which is the value of WiSA that is recorded on the company's balance sheet. Investors also form their own opinion of WiSA Technologies' value that differs from its market value or its book value, called intrinsic value, which is WiSA Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WiSA Technologies' market value can be influenced by many factors that don't directly affect WiSA Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WiSA Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if WiSA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiSA Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.