Mobase Electronics Stock Forecast - Polynomial Regression
| 012860 Stock | KRW 2,035 50.00 2.40% |
The Polynomial Regression forecasted value of Mobase Electronics CoLtd on the next trading day is expected to be 2,201 with a mean absolute deviation of 41.85 and the sum of the absolute errors of 2,553. Mobase Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mobase Electronics stock prices and determine the direction of Mobase Electronics CoLtd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mobase Electronics' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Mobase Electronics to cross-verify your projections. Mobase |
Most investors in Mobase Electronics 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 Mobase Electronics' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Mobase Electronics' price structures and extracts relationships that further increase the generated results' accuracy.
Mobase Electronics polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Mobase Electronics CoLtd as well as the accuracy indicators are determined from the period prices. Mobase Electronics Polynomial Regression Price Forecast For the 27th of May
Given 90 days horizon, the Polynomial Regression forecasted value of Mobase Electronics CoLtd on the next trading day is expected to be 2,201 with a mean absolute deviation of 41.85, mean absolute percentage error of 2,771, and the sum of the absolute errors of 2,553.Please note that although there have been many attempts to predict Mobase 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 Mobase Electronics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mobase Electronics Stock Forecast Pattern
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Mobase Electronics Forecasted Value
In the context of forecasting Mobase Electronics' 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. Mobase Electronics' downside and upside margins for the forecasting period are 2,199 and 2,203, respectively. We have considered Mobase Electronics' 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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Mobase Electronics stock data series using in forecasting. Note that when a statistical model is used to represent Mobase Electronics 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 | 126.0375 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 41.8547 |
| MAPE | Mean absolute percentage error | 0.0222 |
| SAE | Sum of the absolute errors | 2553.1388 |
Predictive Modules for Mobase Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mobase Electronics 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 Mobase Electronics' 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 Mobase Electronics
For every potential investor in Mobase, whether a beginner or expert, Mobase Electronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mobase Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mobase. Basic forecasting techniques help filter out the noise by identifying Mobase Electronics' price trends.Mobase Electronics 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 Mobase Electronics stock to make a market-neutral strategy. Peer analysis of Mobase Electronics could also be used in its relative valuation, which is a method of valuing Mobase Electronics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mobase Electronics 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 Mobase Electronics' 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 Mobase Electronics' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Mobase Electronics Market Strength Events
Market strength indicators help investors to evaluate how Mobase Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mobase Electronics shares will generate the highest return on investment. By undertsting and applying Mobase Electronics stock market strength indicators, traders can identify Mobase Electronics CoLtd entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0335 | |||
| Daily Balance Of Power | (0.71) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 2055.0 | |||
| Day Typical Price | 2048.33 | |||
| Market Facilitation Index | 70.0 | |||
| Price Action Indicator | (45.00) | |||
| Period Momentum Indicator | (50.00) | |||
| Relative Strength Index | 59.52 |
Mobase Electronics Risk Indicators
The analysis of Mobase Electronics' 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 Mobase Electronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mobase 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 | 1.43 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.56 |
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 Mobase Electronics to cross-verify your projections. Note that the Mobase Electronics CoLtd information on this page should be used as a complementary analysis to other Mobase Electronics' 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Mobase Stock analysis
When running Mobase Electronics' price analysis, check to measure Mobase Electronics' 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 Mobase Electronics is operating at the current time. Most of Mobase Electronics' value examination focuses on studying past and present price action to predict the probability of Mobase Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mobase Electronics' price. Additionally, you may evaluate how the addition of Mobase Electronics to your portfolios can decrease your overall portfolio volatility.
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