Wha Yu Stock Forecast - 20 Period Moving Average

3419 Stock  TWD 17.35  0.55  3.07%   
The 20 Period Moving Average forecasted value of Wha Yu Industrial on the next trading day is expected to be 18.38 with a mean absolute deviation of 0.69 and the sum of the absolute errors of 28.32. Wha Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Wha Yu Industrial is based on a synthetically constructed Wha Yudaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Wha Yu 20 Period Moving Average Price Forecast For the 16th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Wha Yu Industrial on the next trading day is expected to be 18.38 with a mean absolute deviation of 0.69, mean absolute percentage error of 0.66, and the sum of the absolute errors of 28.32.
Please note that although there have been many attempts to predict Wha 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 Wha Yu's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Wha Yu Stock Forecast Pattern

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Wha Yu Forecasted Value

In the context of forecasting Wha Yu'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. Wha Yu's downside and upside margins for the forecasting period are 16.11 and 20.64, respectively. We have considered Wha Yu'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
17.35
18.38
Expected Value
20.64
Upside

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 Wha Yu stock data series using in forecasting. Note that when a statistical model is used to represent Wha Yu 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 Criteria80.9355
BiasArithmetic mean of the errors -0.3074
MADMean absolute deviation0.6908
MAPEMean absolute percentage error0.0382
SAESum of the absolute errors28.3225
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. Wha Yu Industrial 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Wha Yu

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wha Yu Industrial. 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
15.0917.3519.61
Details
Intrinsic
Valuation
LowRealHigh
15.3217.5819.84
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.9918.2319.47
Details

Other Forecasting Options for Wha Yu

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

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

Wha Yu Industrial 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 Wha Yu'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 Wha Yu's current price.

Wha Yu Market Strength Events

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

Wha Yu Risk Indicators

The analysis of Wha Yu'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 Wha Yu's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wha 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.

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.

Additional Tools for Wha Stock Analysis

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