Thinkon Semiconductor Stock Forecast - 4 Period Moving Average

688233 Stock   23.45  0.96  3.93%   
The 4 Period Moving Average forecasted value of Thinkon Semiconductor Jinzhou on the next trading day is expected to be 24.00 with a mean absolute deviation of 0.92 and the sum of the absolute errors of 53.16. Thinkon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Thinkon Semiconductor stock prices and determine the direction of Thinkon Semiconductor Jinzhou's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Thinkon Semiconductor's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Thinkon Semiconductor's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 1.9 B, whereas Total Assets are forecasted to decline to about 1 B.
A four-period moving average forecast model for Thinkon Semiconductor Jinzhou is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Thinkon Semiconductor 4 Period Moving Average Price Forecast For the 2nd of January

Given 90 days horizon, the 4 Period Moving Average forecasted value of Thinkon Semiconductor Jinzhou on the next trading day is expected to be 24.00 with a mean absolute deviation of 0.92, mean absolute percentage error of 1.48, and the sum of the absolute errors of 53.16.
Please note that although there have been many attempts to predict Thinkon 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 Thinkon Semiconductor's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Thinkon Semiconductor Stock Forecast Pattern

Backtest Thinkon SemiconductorThinkon Semiconductor Price PredictionBuy or Sell Advice 

Thinkon Semiconductor Forecasted Value

In the context of forecasting Thinkon Semiconductor'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. Thinkon Semiconductor's downside and upside margins for the forecasting period are 20.11 and 27.88, respectively. We have considered Thinkon Semiconductor'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
23.45
24.00
Expected Value
27.88
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Thinkon Semiconductor stock data series using in forecasting. Note that when a statistical model is used to represent Thinkon Semiconductor 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 Criteria112.9918
BiasArithmetic mean of the errors -0.0754
MADMean absolute deviation0.9166
MAPEMean absolute percentage error0.0365
SAESum of the absolute errors53.1625
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Thinkon Semiconductor. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Thinkon Semiconductor Jinzhou and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Thinkon Semiconductor

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thinkon Semiconductor. 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
19.5923.4827.37
Details
Intrinsic
Valuation
LowRealHigh
16.4620.3524.24
Details
Bollinger
Band Projection (param)
LowMiddleHigh
23.8125.3126.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.02-0.02-0.02
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thinkon Semiconductor. Your research has to be compared to or analyzed against Thinkon Semiconductor's peers to derive any actionable benefits. When done correctly, Thinkon Semiconductor'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 Thinkon Semiconductor.

Other Forecasting Options for Thinkon Semiconductor

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

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

Thinkon Semiconductor 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 Thinkon Semiconductor'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 Thinkon Semiconductor's current price.

Thinkon Semiconductor Market Strength Events

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

Thinkon Semiconductor Risk Indicators

The analysis of Thinkon Semiconductor'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 Thinkon Semiconductor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thinkon 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Thinkon Stock

Thinkon Semiconductor financial ratios help investors to determine whether Thinkon 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 Thinkon with respect to the benefits of owning Thinkon Semiconductor security.