Genesis Technology Stock Forecast - 20 Period Moving Average

6221 Stock  TWD 60.30  1.20  1.95%   
Genesis Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Genesis Technology historical stock prices and determine the direction of Genesis Technology's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Genesis Technology historical fundamentals such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Genesis Technology to cross-verify your projections.
  
Most investors in Genesis Technology 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 Genesis Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Genesis Technology's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Genesis Technology is based on a synthetically constructed Genesis Technologydaily 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.

Genesis Technology 20 Period Moving Average Price Forecast For the 2nd of April

Given 90 days horizon, the 20 Period Moving Average forecasted value of Genesis Technology on the next trading day is expected to be 59.88 with a mean absolute deviation of 2.28, mean absolute percentage error of 9.26, and the sum of the absolute errors of 93.58.
Please note that although there have been many attempts to predict Genesis 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 Genesis Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Genesis Technology Stock Forecast Pattern

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Genesis Technology Forecasted Value

In the context of forecasting Genesis Technology'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. Genesis Technology's downside and upside margins for the forecasting period are 58.13 and 61.62, respectively. We have considered Genesis Technology'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 60.30
59.88
Expected Value
61.62
Upside

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 Genesis Technology stock data series using in forecasting. Note that when a statistical model is used to represent Genesis Technology 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 Criteria83.5787
BiasArithmetic mean of the errors -1.839
MADMean absolute deviation2.2824
MAPEMean absolute percentage error0.0384
SAESum of the absolute errors93.58
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Genesis Technology 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Genesis Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genesis Technology. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Genesis Technology'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. Please use the tools below to analyze the current value of Genesis Technology in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.001.75
Details
Intrinsic
Valuation
LowReal ValueHigh
0.8517.1018.85
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Genesis Technology. Your research has to be compared to or analyzed against Genesis Technology's peers to derive any actionable benefits. When done correctly, Genesis Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Genesis Technology.

Other Forecasting Options for Genesis Technology

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

Genesis Technology 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 Genesis Technology stock to make a market-neutral strategy. Peer analysis of Genesis Technology could also be used in its relative valuation, which is a method of valuing Genesis Technology by comparing valuation metrics with similar companies.
Wistron InformationSyscom Computer EngiJetwell ComputerYuantaP-shares TaiwanAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron CorpHome DepotInternational BusinessIntel
 Risk & Return  Correlation

Genesis Technology 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 Genesis Technology'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 Genesis Technology's current price.

Genesis Technology Risk Indicators

The analysis of Genesis Technology's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Genesis Technology's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Genesis Technology stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Genesis Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Historical Fundamental Analysis of Genesis Technology to cross-verify your projections. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Please note, there is a significant difference between Genesis Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine Genesis Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis Technology'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.