Uni President Stock Forecast - Simple Exponential Smoothing
| 1216 Stock | TWD 80.00 3.00 3.90% |
The Simple Exponential Smoothing forecasted value of Uni President Enterprises Corp on the next trading day is expected to be 79.90 with a mean absolute deviation of 0.74 and the sum of the absolute errors of 45.14. Uni Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Uni President stock prices and determine the direction of Uni President Enterprises Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Uni President's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Uni President to cross-verify your projections. Uni |
Most investors in Uni President 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 Uni President's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Uni President's price structures and extracts relationships that further increase the generated results' accuracy.
Uni President simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Uni President Enterprises Corp are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Uni President Enterp prices get older. Uni President Simple Exponential Smoothing Price Forecast For the 2nd of June
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Uni President Enterprises Corp on the next trading day is expected to be 79.90 with a mean absolute deviation of 0.74, mean absolute percentage error of 0.99, and the sum of the absolute errors of 45.14.Please note that although there have been many attempts to predict Uni 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 Uni President's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Uni President Stock Forecast Pattern
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Uni President Forecasted Value
In the context of forecasting Uni President'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. Uni President's downside and upside margins for the forecasting period are 78.60 and 81.19, respectively. We have considered Uni President'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Uni President stock data series using in forecasting. Note that when a statistical model is used to represent Uni President 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 | 118.0969 |
| Bias | Arithmetic mean of the errors | -0.0804 |
| MAD | Mean absolute deviation | 0.7401 |
| MAPE | Mean absolute percentage error | 0.0096 |
| SAE | Sum of the absolute errors | 45.1436 |
Predictive Modules for Uni President
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Uni President Enterp. 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 Uni President'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 Uni President
For every potential investor in Uni, whether a beginner or expert, Uni President's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Uni Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Uni. Basic forecasting techniques help filter out the noise by identifying Uni President's price trends.Uni President 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 Uni President stock to make a market-neutral strategy. Peer analysis of Uni President could also be used in its relative valuation, which is a method of valuing Uni President by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Uni President Enterp 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 Uni President'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 Uni President's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Uni President Market Strength Events
Market strength indicators help investors to evaluate how Uni President stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Uni President shares will generate the highest return on investment. By undertsting and applying Uni President stock market strength indicators, traders can identify Uni President Enterprises Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 1.4 M | |||
| Daily Balance Of Power | 0.8824 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 78.6 | |||
| Day Typical Price | 79.07 | |||
| Price Action Indicator | 2.9 | |||
| Period Momentum Indicator | 3.0 |
Uni President Risk Indicators
The analysis of Uni President'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 Uni President's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting uni 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 | 0.9709 | |||
| Semi Deviation | 1.07 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.65 | |||
| Downside Variance | 1.51 | |||
| Semi Variance | 1.15 | |||
| Expected Short fall | (1.13) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of Uni President to cross-verify your projections. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Uni Stock analysis
When running Uni President's price analysis, check to measure Uni President'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 Uni President is operating at the current time. Most of Uni President's value examination focuses on studying past and present price action to predict the probability of Uni President's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uni President's price. Additionally, you may evaluate how the addition of Uni President to your portfolios can decrease your overall portfolio volatility.
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