Fuh Hwa Etf Forecast - 8 Period Moving Average

00711B Etf  TWD 16.83  0.01  0.06%   
The 8 Period Moving Average forecasted value of Fuh Hwa Emerging on the next trading day is expected to be 16.82 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 6.49. Fuh Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fuh Hwa stock prices and determine the direction of Fuh Hwa Emerging's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fuh Hwa's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Fuh Hwa is based on an artificially constructed time series of Fuh Hwa daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Fuh Hwa 8 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Fuh Hwa Emerging on the next trading day is expected to be 16.82 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.49.
Please note that although there have been many attempts to predict Fuh Etf 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 Fuh Hwa's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fuh Hwa Etf Forecast Pattern

Backtest Fuh HwaFuh Hwa Price PredictionBuy or Sell Advice 

Fuh Hwa Forecasted Value

In the context of forecasting Fuh Hwa's Etf 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. Fuh Hwa's downside and upside margins for the forecasting period are 16.32 and 17.31, respectively. We have considered Fuh Hwa'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
16.83
16.82
Expected Value
17.31
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Fuh Hwa etf data series using in forecasting. Note that when a statistical model is used to represent Fuh Hwa etf, 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 Criteria99.6648
BiasArithmetic mean of the errors 0.0238
MADMean absolute deviation0.1224
MAPEMean absolute percentage error0.0074
SAESum of the absolute errors6.4888
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Fuh Hwa Emerging 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Fuh Hwa

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fuh Hwa Emerging. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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
16.3416.8417.34
Details
Intrinsic
Valuation
LowRealHigh
16.3116.8117.31
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.4416.7016.97
Details

Other Forecasting Options for Fuh Hwa

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

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

Fuh Hwa Emerging Technical and Predictive Analytics

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

Fuh Hwa Market Strength Events

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

Fuh Hwa Risk Indicators

The analysis of Fuh Hwa'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 Fuh Hwa's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fuh etf 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.

Other Information on Investing in Fuh Etf

Fuh Hwa financial ratios help investors to determine whether Fuh Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fuh with respect to the benefits of owning Fuh Hwa security.