Korean Air Stock Forecast - 4 Period Moving Average

A four-period moving average forecast model for Korean Air Lines 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.

Korean Air 4 Period Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of Korean Air Lines on the next trading day is expected to be 23,025 with a mean absolute deviation of 192.89, mean absolute percentage error of 93,882, and the sum of the absolute errors of 11,188.

Korean Air Stock Forecast Pattern

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Korean Air Price Prediction

Buy or Sell Advice

Korean Air Forecasted Value

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 Korean Air stock data series using in forecasting. Note that when a statistical model is used to represent Korean Air 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. The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Korean Air. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Korean Air Lines and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Korean Air

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Korean Air Lines. 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.

Hype Prediction Low Estimated High 23,249 23,250 23,251 Details

Intrinsic Valuation Low Real High 22,547 22,548 25,575 Details

Bollinger Band Projection (param) Low Middle High 22,649 23,886 25,122 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Korean Air. Your research has to be compared to or analyzed against Korean Air's peers to derive any actionable benefits. When done correctly, Korean Air's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Korean Air Lines.

Other Forecasting Options for Korean Air

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

Korean Air Related Equities

Risk & Return

Correlation

Korean Air Lines 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 Korean Air'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 Korean Air's current price.

Korean Air Market Strength Events

Korean Air Risk Indicators

Pair Trading with Korean Air

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Korean Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Korean Air will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Korean Stock