Samyang Foods Stock Forecast - Naive Prediction

A naive forecasting model for Samyang Foods is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Samyang Foods Co value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Samyang Foods Naive Prediction Price Forecast For the 28th of November

Given 90 days horizon, the Naive Prediction forecasted value of Samyang Foods Co on the next trading day is expected to be 492,067 with a mean absolute deviation of 14,657, mean absolute percentage error of 365,266,754, and the sum of the absolute errors of 908,739.

Samyang Foods Stock Forecast Pattern

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Samyang Foods Forecasted Value

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 Samyang Foods stock data series using in forecasting. Note that when a statistical model is used to represent Samyang Foods 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. This model is not at all useful as a medium-long range forecasting tool of Samyang Foods Co. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Samyang Foods. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Samyang Foods

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Samyang Foods. 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 Low Estimated High 518,997 519,000 519,003 Details

Intrinsic Valuation Low Real High 443,097 443,100 570,900 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Samyang Foods. Your research has to be compared to or analyzed against Samyang Foods' peers to derive any actionable benefits. When done correctly, Samyang Foods' 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 Samyang Foods.

Other Forecasting Options for Samyang Foods

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

Samyang Foods Related Equities

Risk & Return

Correlation

Samyang Foods 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 Samyang Foods' 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 Samyang Foods' current price.

Samyang Foods Market Strength Events

Samyang Foods Risk Indicators

Pair Trading with Samyang Foods

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Samyang Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Samyang Foods will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Samyang Stock