Wang Lee Stock Forecast - 4 Period Moving Average

WLGS Stock   4.22  0.30  7.65%   
The 4 Period Moving Average forecasted value of Wang Lee Group, on the next trading day is expected to be 4.01 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 15.71. Wang Stock Forecast is based on your current time horizon.
  
At this time, Wang Lee's Payables Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 2.16 in 2024, whereas Inventory Turnover is likely to drop 180.81 in 2024. . Common Stock Shares Outstanding is likely to gain to about 16.5 M in 2024, despite the fact that Net Loss is likely to grow to (510.3 K).
A four-period moving average forecast model for Wang Lee Group, is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Wang Lee 4 Period Moving Average Price Forecast For the 23rd of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Wang Lee Group, on the next trading day is expected to be 4.01 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.15, and the sum of the absolute errors of 15.71.
Please note that although there have been many attempts to predict Wang 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 Wang Lee's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Wang Lee Stock Forecast Pattern

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Wang Lee Forecasted Value

In the context of forecasting Wang Lee'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. Wang Lee's downside and upside margins for the forecasting period are 0.04 and 16.10, respectively. We have considered Wang Lee'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
4.22
4.01
Expected Value
16.10
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Wang Lee stock data series using in forecasting. Note that when a statistical model is used to represent Wang Lee 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 Criteria108.833
BiasArithmetic mean of the errors -0.1538
MADMean absolute deviation0.2756
MAPEMean absolute percentage error0.1172
SAESum of the absolute errors15.7075
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Wang Lee. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Wang Lee Group, and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Wang Lee

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wang Lee Group,. 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
0.173.4415.59
Details
Intrinsic
Valuation
LowRealHigh
0.163.2315.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wang Lee. Your research has to be compared to or analyzed against Wang Lee's peers to derive any actionable benefits. When done correctly, Wang Lee's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wang Lee Group,.

Other Forecasting Options for Wang Lee

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

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

Wang Lee Group, 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 Wang Lee'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 Wang Lee's current price.

Wang Lee Market Strength Events

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

Wang Lee Risk Indicators

The analysis of Wang Lee'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 Wang Lee's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wang 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Wang Stock Analysis

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