Delpha Construction Stock Forecast - 20 Period Moving Average
| 2530 Stock | TWD 48.90 0.70 1.41% |
The 20 Period Moving Average forecasted value of Delpha Construction Co on the next trading day is expected to be 47.60 with a mean absolute deviation of 3.67 and the sum of the absolute errors of 153.95. Delpha Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Delpha Construction stock prices and determine the direction of Delpha Construction Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Delpha Construction's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Delpha Construction to cross-verify your projections. Delpha |
Most investors in Delpha Construction 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 Delpha Construction's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Delpha Construction's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Delpha Construction Co is based on a synthetically constructed Delpha Constructiondaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. Delpha Construction 20 Period Moving Average Price Forecast For the 6th of June
Given 90 days horizon, the 20 Period Moving Average forecasted value of Delpha Construction Co on the next trading day is expected to be 47.60 with a mean absolute deviation of 3.67, mean absolute percentage error of 19.17, and the sum of the absolute errors of 153.95.Please note that although there have been many attempts to predict Delpha 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 Delpha Construction's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Delpha Construction Stock Forecast Pattern
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Delpha Construction Forecasted Value
In the context of forecasting Delpha Construction'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. Delpha Construction's downside and upside margins for the forecasting period are 44.84 and 50.36, respectively. We have considered Delpha Construction'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Delpha Construction stock data series using in forecasting. Note that when a statistical model is used to represent Delpha Construction 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 | 86.144 |
| Bias | Arithmetic mean of the errors | -1.1202 |
| MAD | Mean absolute deviation | 3.6655 |
| MAPE | Mean absolute percentage error | 0.073 |
| SAE | Sum of the absolute errors | 153.951 |
Predictive Modules for Delpha Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delpha Construction. 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 Delpha Construction'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 Delpha Construction
For every potential investor in Delpha, whether a beginner or expert, Delpha Construction's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Delpha Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Delpha. Basic forecasting techniques help filter out the noise by identifying Delpha Construction's price trends.Delpha Construction 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 Delpha Construction stock to make a market-neutral strategy. Peer analysis of Delpha Construction could also be used in its relative valuation, which is a method of valuing Delpha Construction by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Delpha Construction 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 Delpha Construction'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 Delpha Construction's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Delpha Construction Market Strength Events
Market strength indicators help investors to evaluate how Delpha Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delpha Construction shares will generate the highest return on investment. By undertsting and applying Delpha Construction stock market strength indicators, traders can identify Delpha Construction Co entry and exit signals to maximize returns.
| Accumulation Distribution | 105387.0 | |||
| Daily Balance Of Power | (0.30) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 49.65 | |||
| Day Typical Price | 49.4 | |||
| Price Action Indicator | (1.10) | |||
| Period Momentum Indicator | (0.70) |
Delpha Construction Risk Indicators
The analysis of Delpha Construction'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 Delpha Construction's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting delpha 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 | 1.94 | |||
| Semi Deviation | 2.53 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.06 | |||
| Downside Variance | 8.14 | |||
| Semi Variance | 6.4 | |||
| Expected Short fall | (2.19) |
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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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.Additional Tools for Delpha Stock Analysis
When running Delpha Construction's price analysis, check to measure Delpha Construction'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 Delpha Construction is operating at the current time. Most of Delpha Construction's value examination focuses on studying past and present price action to predict the probability of Delpha Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delpha Construction's price. Additionally, you may evaluate how the addition of Delpha Construction to your portfolios can decrease your overall portfolio volatility.