Jahwa Electron Stock Forecast - Simple Regression

033240 Stock   13,340  30.00  0.22%   
The Simple Regression forecasted value of Jahwa Electron on the next trading day is expected to be 14,466 with a mean absolute deviation of 1,136 and the sum of the absolute errors of 69,298. Jahwa Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jahwa Electron stock prices and determine the direction of Jahwa Electron's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jahwa Electron's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Jahwa Electron price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Jahwa Electron Simple Regression Price Forecast For the 24th of March

Given 90 days horizon, the Simple Regression forecasted value of Jahwa Electron on the next trading day is expected to be 14,466 with a mean absolute deviation of 1,136, mean absolute percentage error of 1,967,407, and the sum of the absolute errors of 69,298.
Please note that although there have been many attempts to predict Jahwa 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 Jahwa Electron's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jahwa Electron Stock Forecast Pattern

Backtest Jahwa ElectronJahwa Electron Price PredictionBuy or Sell Advice 

Jahwa Electron Forecasted Value

In the context of forecasting Jahwa Electron'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. Jahwa Electron's downside and upside margins for the forecasting period are 14,463 and 14,470, respectively. We have considered Jahwa Electron'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
13,340
14,463
Downside
14,466
Expected Value
14,470
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Jahwa Electron stock data series using in forecasting. Note that when a statistical model is used to represent Jahwa Electron 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 Criteria132.6027
BiasArithmetic mean of the errors None
MADMean absolute deviation1136.0405
MAPEMean absolute percentage error0.0808
SAESum of the absolute errors69298.4728
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Jahwa Electron historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Jahwa Electron

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jahwa Electron. 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
13,33613,34013,344
Details
Intrinsic
Valuation
LowRealHigh
12,00614,06014,064
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12,64713,63814,630
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jahwa Electron. Your research has to be compared to or analyzed against Jahwa Electron's peers to derive any actionable benefits. When done correctly, Jahwa Electron'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 Jahwa Electron.

Other Forecasting Options for Jahwa Electron

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

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

Jahwa Electron 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 Jahwa Electron'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 Jahwa Electron's current price.

Jahwa Electron Market Strength Events

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

Jahwa Electron Risk Indicators

The analysis of Jahwa Electron'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 Jahwa Electron's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jahwa 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.

Pair Trading with Jahwa Electron

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 Jahwa Electron 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 Jahwa Electron will appreciate offsetting losses from the drop in the long position's value.

Moving against Jahwa Stock

  0.4041190 Woori Technology InvPairCorr
  0.37217330 CytogenPairCorr
The ability to find closely correlated positions to Jahwa Electron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jahwa Electron when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jahwa Electron - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jahwa Electron to buy it.
The correlation of Jahwa Electron is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jahwa Electron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jahwa Electron moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jahwa Electron can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Jahwa Stock

Jahwa Electron financial ratios help investors to determine whether Jahwa Stock 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 Jahwa with respect to the benefits of owning Jahwa Electron security.