Asia Polymer Stock Forecast - 20 Period Moving Average
| 1308 Stock | TWD 18.15 0.15 0.82% |
The 20 Period Moving Average forecasted value of Asia Polymer Corp on the next trading day is expected to be 18.53 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 12.50. Asia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Asia Polymer stock prices and determine the direction of Asia Polymer Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Asia Polymer's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Asia Polymer to cross-verify your projections. Asia |
Most investors in Asia Polymer 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 Asia Polymer's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Asia Polymer's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Asia Polymer Corp is based on a synthetically constructed Asia Polymerdaily 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. Asia Polymer 20 Period Moving Average Price Forecast For the 5th of June
Given 90 days horizon, the 20 Period Moving Average forecasted value of Asia Polymer Corp on the next trading day is expected to be 18.53 with a mean absolute deviation of 0.30, mean absolute percentage error of 0.14, and the sum of the absolute errors of 12.50.Please note that although there have been many attempts to predict Asia 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 Asia Polymer's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Asia Polymer Stock Forecast Pattern
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Asia Polymer Forecasted Value
In the context of forecasting Asia Polymer'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. Asia Polymer's downside and upside margins for the forecasting period are 17.27 and 19.79, respectively. We have considered Asia Polymer'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 Asia Polymer stock data series using in forecasting. Note that when a statistical model is used to represent Asia Polymer 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 | 79.3853 |
| Bias | Arithmetic mean of the errors | 0.257 |
| MAD | Mean absolute deviation | 0.3048 |
| MAPE | Mean absolute percentage error | 0.0163 |
| SAE | Sum of the absolute errors | 12.495 |
Predictive Modules for Asia Polymer
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asia Polymer Corp. 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 Asia Polymer'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 Asia Polymer
For every potential investor in Asia, whether a beginner or expert, Asia Polymer's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Asia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Asia. Basic forecasting techniques help filter out the noise by identifying Asia Polymer's price trends.Asia Polymer 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 Asia Polymer stock to make a market-neutral strategy. Peer analysis of Asia Polymer could also be used in its relative valuation, which is a method of valuing Asia Polymer by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Asia Polymer Corp 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 Asia Polymer'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 Asia Polymer's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Asia Polymer Market Strength Events
Market strength indicators help investors to evaluate how Asia Polymer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Polymer shares will generate the highest return on investment. By undertsting and applying Asia Polymer stock market strength indicators, traders can identify Asia Polymer Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 21895.32 | |||
| Daily Balance Of Power | (0.60) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 18.13 | |||
| Day Typical Price | 18.13 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.15) |
Asia Polymer Risk Indicators
The analysis of Asia Polymer'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 Asia Polymer's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asia 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 | 0.9239 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.49 |
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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Additional Tools for Asia Stock Analysis
When running Asia Polymer's price analysis, check to measure Asia Polymer'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 Asia Polymer is operating at the current time. Most of Asia Polymer's value examination focuses on studying past and present price action to predict the probability of Asia Polymer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Polymer's price. Additionally, you may evaluate how the addition of Asia Polymer to your portfolios can decrease your overall portfolio volatility.