VITZROCELL CoLtd Stock Forecast - 8 Period Moving Average
| 082920 Stock | KRW 18,500 220.00 1.18% |
The 8 Period Moving Average forecasted value of VITZROCELL CoLtd on the next trading day is expected to be 18,436 with a mean absolute deviation of 431.86 and the sum of the absolute errors of 22,889. VITZROCELL Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast VITZROCELL CoLtd stock prices and determine the direction of VITZROCELL CoLtd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of VITZROCELL CoLtd's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of VITZROCELL CoLtd to cross-verify your projections. VITZROCELL |
Most investors in VITZROCELL CoLtd cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the VITZROCELL CoLtd's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets VITZROCELL CoLtd's price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for VITZROCELL CoLtd is based on an artificially constructed time series of VITZROCELL CoLtd daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. VITZROCELL CoLtd 8 Period Moving Average Price Forecast For the 21st of May
Given 90 days horizon, the 8 Period Moving Average forecasted value of VITZROCELL CoLtd on the next trading day is expected to be 18,436 with a mean absolute deviation of 431.86, mean absolute percentage error of 265,594, and the sum of the absolute errors of 22,889.Please note that although there have been many attempts to predict VITZROCELL 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 VITZROCELL CoLtd's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
VITZROCELL CoLtd Stock Forecast Pattern
| Backtest VITZROCELL CoLtd | VITZROCELL CoLtd Price Prediction | Buy or Sell Advice |
VITZROCELL CoLtd Forecasted Value
In the context of forecasting VITZROCELL CoLtd'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. VITZROCELL CoLtd's downside and upside margins for the forecasting period are 18,435 and 18,438, respectively. We have considered VITZROCELL CoLtd'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of VITZROCELL CoLtd stock data series using in forecasting. Note that when a statistical model is used to represent VITZROCELL CoLtd 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 | 115.8972 |
| Bias | Arithmetic mean of the errors | -103.8443 |
| MAD | Mean absolute deviation | 431.8632 |
| MAPE | Mean absolute percentage error | 0.0238 |
| SAE | Sum of the absolute errors | 22888.75 |
Predictive Modules for VITZROCELL CoLtd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VITZROCELL CoLtd. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VITZROCELL CoLtd's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for VITZROCELL CoLtd
For every potential investor in VITZROCELL, whether a beginner or expert, VITZROCELL CoLtd's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VITZROCELL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VITZROCELL. Basic forecasting techniques help filter out the noise by identifying VITZROCELL CoLtd's price trends.VITZROCELL CoLtd 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 VITZROCELL CoLtd stock to make a market-neutral strategy. Peer analysis of VITZROCELL CoLtd could also be used in its relative valuation, which is a method of valuing VITZROCELL CoLtd by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VITZROCELL CoLtd 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 VITZROCELL CoLtd'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 VITZROCELL CoLtd's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
VITZROCELL CoLtd Market Strength Events
Market strength indicators help investors to evaluate how VITZROCELL CoLtd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VITZROCELL CoLtd shares will generate the highest return on investment. By undertsting and applying VITZROCELL CoLtd stock market strength indicators, traders can identify VITZROCELL CoLtd entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0367 | |||
| Daily Balance Of Power | (0.32) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 18445.0 | |||
| Day Typical Price | 18463.33 | |||
| Market Facilitation Index | 690.0 | |||
| Price Action Indicator | (55.00) | |||
| Period Momentum Indicator | (220.00) | |||
| Relative Strength Index | 55.96 |
VITZROCELL CoLtd Risk Indicators
The analysis of VITZROCELL CoLtd'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 VITZROCELL CoLtd's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vitzrocell 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 | 1.24 | |||
| Semi Deviation | 1.63 | |||
| Standard Deviation | 1.64 | |||
| Variance | 2.69 | |||
| Downside Variance | 3.23 | |||
| Semi Variance | 2.64 | |||
| Expected Short fall | (1.23) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of VITZROCELL CoLtd to cross-verify your projections. Note that the VITZROCELL CoLtd information on this page should be used as a complementary analysis to other VITZROCELL CoLtd's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for VITZROCELL Stock analysis
When running VITZROCELL CoLtd's price analysis, check to measure VITZROCELL CoLtd'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 VITZROCELL CoLtd is operating at the current time. Most of VITZROCELL CoLtd's value examination focuses on studying past and present price action to predict the probability of VITZROCELL CoLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VITZROCELL CoLtd's price. Additionally, you may evaluate how the addition of VITZROCELL CoLtd to your portfolios can decrease your overall portfolio volatility.
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