Dimerco Data Stock Forecast - 20 Period Moving Average

5403 Stock  TWD 118.50  1.00  0.85%   
The 20 Period Moving Average forecasted value of Dimerco Data System on the next trading day is expected to be 111.42 with a mean absolute deviation of 3.50 and the sum of the absolute errors of 143.30. Dimerco Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Dimerco Data System is based on a synthetically constructed Dimerco Datadaily 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.

Dimerco Data 20 Period Moving Average Price Forecast For the 14th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Dimerco Data System on the next trading day is expected to be 111.42 with a mean absolute deviation of 3.50, mean absolute percentage error of 19.94, and the sum of the absolute errors of 143.30.
Please note that although there have been many attempts to predict Dimerco 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 Dimerco Data's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dimerco Data Stock Forecast Pattern

Backtest Dimerco DataDimerco Data Price PredictionBuy or Sell Advice 

Dimerco Data Forecasted Value

In the context of forecasting Dimerco Data'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. Dimerco Data's downside and upside margins for the forecasting period are 110.25 and 112.60, respectively. We have considered Dimerco Data'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
118.50
110.25
Downside
111.42
Expected Value
112.60
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 Dimerco Data stock data series using in forecasting. Note that when a statistical model is used to represent Dimerco Data 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 Criteria84.3456
BiasArithmetic mean of the errors 0.7793
MADMean absolute deviation3.4951
MAPEMean absolute percentage error0.031
SAESum of the absolute errors143.3
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. Dimerco Data System 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Dimerco Data

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dimerco Data System. 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
116.32117.50118.68
Details
Intrinsic
Valuation
LowRealHigh
114.20115.38129.25
Details
Bollinger
Band Projection (param)
LowMiddleHigh
102.77112.46122.16
Details

Other Forecasting Options for Dimerco Data

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

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

Dimerco Data System 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 Dimerco Data'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 Dimerco Data's current price.

Dimerco Data Market Strength Events

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

Dimerco Data Risk Indicators

The analysis of Dimerco Data'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 Dimerco Data's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dimerco 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 Dimerco Data

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 Dimerco Data 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 Dimerco Data will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dimerco Stock

  0.665203 CyberlinkPairCorr

Moving against Dimerco Stock

  0.382881A Fubon Financial HoldingPairCorr
  0.352882B Cathay Financial HoldingPairCorr
The ability to find closely correlated positions to Dimerco Data could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dimerco Data 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 Dimerco Data - 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 Dimerco Data System to buy it.
The correlation of Dimerco Data 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 Dimerco Data moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dimerco Data System 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 Dimerco Data 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

Additional Tools for Dimerco Stock Analysis

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