Lin Horn Stock Forecast - Simple Regression
| 5464 Stock | TWD 22.35 0.65 2.83% |
The Simple Regression forecasted value of Lin Horn Technology on the next trading day is expected to be 22.95 with a mean absolute deviation of 0.45 and the sum of the absolute errors of 27.54. Lin Stock Forecast is based on your current time horizon.
Lin |
Lin Horn Simple Regression Price Forecast For the 11th of January 2025
Given 90 days horizon, the Simple Regression forecasted value of Lin Horn Technology on the next trading day is expected to be 22.95 with a mean absolute deviation of 0.45, mean absolute percentage error of 0.35, and the sum of the absolute errors of 27.54.Please note that although there have been many attempts to predict Lin 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 Lin Horn's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Lin Horn Stock Forecast Pattern
| Backtest Lin Horn | Lin Horn Price Prediction | Buy or Sell Advice |
Lin Horn Forecasted Value
In the context of forecasting Lin Horn'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. Lin Horn's downside and upside margins for the forecasting period are 21.49 and 24.41, respectively. We have considered Lin Horn'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.
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 Lin Horn stock data series using in forecasting. Note that when a statistical model is used to represent Lin Horn 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.| AIC | Akaike Information Criteria | 117.0703 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4514 |
| MAPE | Mean absolute percentage error | 0.0179 |
| SAE | Sum of the absolute errors | 27.5353 |
Predictive Modules for Lin Horn
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lin Horn Technology. 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.Other Forecasting Options for Lin Horn
For every potential investor in Lin, whether a beginner or expert, Lin Horn's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lin. Basic forecasting techniques help filter out the noise by identifying Lin Horn's price trends.Lin Horn 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 Lin Horn stock to make a market-neutral strategy. Peer analysis of Lin Horn could also be used in its relative valuation, which is a method of valuing Lin Horn by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lin Horn Technology 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 Lin Horn'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 Lin Horn's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Lin Horn Market Strength Events
Market strength indicators help investors to evaluate how Lin Horn stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lin Horn shares will generate the highest return on investment. By undertsting and applying Lin Horn stock market strength indicators, traders can identify Lin Horn Technology entry and exit signals to maximize returns.
Lin Horn Risk Indicators
The analysis of Lin Horn'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 Lin Horn's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lin 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.
| Mean Deviation | 1.05 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.16 |
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 Lin Horn
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 Lin Horn 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 Lin Horn will appreciate offsetting losses from the drop in the long position's value.Moving together with Lin Stock
Moving against Lin Stock
| 0.81 | 2891 | CTBC Financial Holding | PairCorr |
| 0.76 | 2891B | CTBC Financial Holding | PairCorr |
| 0.59 | 3008 | LARGAN Precision | PairCorr |
| 0.57 | 2308 | Delta Electronics | PairCorr |
| 0.52 | 2883 | China Development | PairCorr |
The ability to find closely correlated positions to Lin Horn could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lin Horn 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 Lin Horn - 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 Lin Horn Technology to buy it.
The correlation of Lin Horn 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 Lin Horn moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lin Horn Technology 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 Lin Horn 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.Additional Tools for Lin Stock Analysis
When running Lin Horn's price analysis, check to measure Lin Horn'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 Lin Horn is operating at the current time. Most of Lin Horn's value examination focuses on studying past and present price action to predict the probability of Lin Horn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lin Horn's price. Additionally, you may evaluate how the addition of Lin Horn to your portfolios can decrease your overall portfolio volatility.