Genesis Technology Stock Forecast - 4 Period Moving Average
| 6221 Stock | TWD 81.80 1.60 2.00% |
The 4 Period Moving Average forecasted value of Genesis Technology on the next trading day is expected to be 80.97 with a mean absolute deviation of 0.73 and the sum of the absolute errors of 42.60. Genesis Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Genesis Technology stock prices and determine the direction of Genesis Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Genesis Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Genesis Technology to cross-verify your projections. Genesis |
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 four-period moving average forecast model for Genesis Technology is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility. Genesis Technology 4 Period Moving Average Price Forecast For the 24th of April
Given 90 days horizon, the 4 Period Moving Average forecasted value of Genesis Technology on the next trading day is expected to be 80.97 with a mean absolute deviation of 0.73, mean absolute percentage error of 1.29, and the sum of the absolute errors of 42.60.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
| Backtest Genesis Technology | Genesis Technology Price Prediction | Buy or Sell Advice |
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 79.82 and 82.13, 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 4 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.| AIC | Akaike Information Criteria | 112.8539 |
| Bias | Arithmetic mean of the errors | -0.6897 |
| MAD | Mean absolute deviation | 0.7345 |
| MAPE | Mean absolute percentage error | 0.0099 |
| SAE | Sum of the absolute errors | 42.6 |
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 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 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.
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.
| 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Genesis Technology Market Strength Events
Market strength indicators help investors to evaluate how Genesis Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genesis Technology shares will generate the highest return on investment. By undertsting and applying Genesis Technology stock market strength indicators, traders can identify Genesis Technology entry and exit signals to maximize returns.
| Accumulation Distribution | 2182.6 | |||
| Daily Balance Of Power | 0.5714 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 82.4 | |||
| Day Typical Price | 82.2 | |||
| Price Action Indicator | 0.2 | |||
| Period Momentum Indicator | 1.6 |
Genesis Technology Risk Indicators
The analysis of Genesis Technology'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 Genesis Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genesis 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 | 0.6596 | |||
| Standard Deviation | 1.06 | |||
| Variance | 1.12 | |||
| Downside Variance | 0.2857 | |||
| Semi Variance | (0.23) | |||
| Expected Short fall | (0.96) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genesis Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genesis Technology's short interest history, or implied volatility extrapolated from Genesis Technology options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of Genesis Technology to cross-verify your projections. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Genesis Stock analysis
When running Genesis Technology's price analysis, check to measure Genesis Technology'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 Genesis Technology is operating at the current time. Most of Genesis Technology's value examination focuses on studying past and present price action to predict the probability of Genesis Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesis Technology's price. Additionally, you may evaluate how the addition of Genesis Technology to your portfolios can decrease your overall portfolio volatility.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |