Aprogen Healthcare Stock Forecast - Simple Moving Average

109960 Stock  KRW 606.00  20.00  3.19%   
The Simple Moving Average forecasted value of Aprogen Healthcare Games on the next trading day is expected to be 606.00 with a mean absolute deviation of  19.08  and the sum of the absolute errors of 1,145. Aprogen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aprogen Healthcare stock prices and determine the direction of Aprogen Healthcare Games's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aprogen Healthcare's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Aprogen Healthcare to cross-verify your projections.
  
Most investors in Aprogen Healthcare 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 Aprogen Healthcare's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Aprogen Healthcare's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Aprogen Healthcare is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Aprogen Healthcare Simple Moving Average Price Forecast For the 19th of May

Given 90 days horizon, the Simple Moving Average forecasted value of Aprogen Healthcare Games on the next trading day is expected to be 606.00 with a mean absolute deviation of 19.08, mean absolute percentage error of 659.48, and the sum of the absolute errors of 1,145.
Please note that although there have been many attempts to predict Aprogen 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 Aprogen Healthcare's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aprogen Healthcare Stock Forecast Pattern

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Aprogen Healthcare Forecasted Value

In the context of forecasting Aprogen Healthcare'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. Aprogen Healthcare's downside and upside margins for the forecasting period are 602.11 and 609.89, respectively. We have considered Aprogen Healthcare'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
606.00
602.11
Downside
606.00
Expected Value
609.89
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Aprogen Healthcare stock data series using in forecasting. Note that when a statistical model is used to represent Aprogen Healthcare 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 Criteria122.7641
BiasArithmetic mean of the errors 0.2333
MADMean absolute deviation19.0833
MAPEMean absolute percentage error0.0303
SAESum of the absolute errors1145.0
The simple moving average model is conceptually a linear regression of the current value of Aprogen Healthcare Games price series against current and previous (unobserved) value of Aprogen Healthcare. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Aprogen Healthcare

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aprogen Healthcare Games. 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 Aprogen Healthcare'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.
Hype
Prediction
LowEstimatedHigh
622.10626.00629.90
Details
Intrinsic
Valuation
LowRealHigh
523.20527.10688.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
556.33634.48712.63
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aprogen Healthcare. Your research has to be compared to or analyzed against Aprogen Healthcare's peers to derive any actionable benefits. When done correctly, Aprogen Healthcare'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 Aprogen Healthcare Games.

Other Forecasting Options for Aprogen Healthcare

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

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

Aprogen Healthcare Games 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 Aprogen Healthcare'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 Aprogen Healthcare's current price.

Aprogen Healthcare Market Strength Events

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

Aprogen Healthcare Risk Indicators

The analysis of Aprogen Healthcare'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 Aprogen Healthcare's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aprogen 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.

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Check out Historical Fundamental Analysis of Aprogen Healthcare to cross-verify your projections.
Note that the Aprogen Healthcare Games information on this page should be used as a complementary analysis to other Aprogen Healthcare'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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Aprogen Healthcare's price analysis, check to measure Aprogen Healthcare'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 Aprogen Healthcare is operating at the current time. Most of Aprogen Healthcare's value examination focuses on studying past and present price action to predict the probability of Aprogen Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aprogen Healthcare's price. Additionally, you may evaluate how the addition of Aprogen Healthcare to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Aprogen Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aprogen Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aprogen Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.