CJ Seafood Stock Forecast - 4 Period Moving Average

011150 Stock   3,035  65.00  2.10%   
The 4 Period Moving Average forecasted value of CJ Seafood Corp on the next trading day is expected to be 3,085 with a mean absolute deviation of 77.91 and the sum of the absolute errors of 4,519. 011150 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CJ Seafood stock prices and determine the direction of CJ Seafood Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CJ Seafood's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for CJ Seafood Corp 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.

CJ Seafood 4 Period Moving Average Price Forecast For the 22nd of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of CJ Seafood Corp on the next trading day is expected to be 3,085 with a mean absolute deviation of 77.91, mean absolute percentage error of 10,516, and the sum of the absolute errors of 4,519.
Please note that although there have been many attempts to predict 011150 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 CJ Seafood's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CJ Seafood Stock Forecast Pattern

Backtest CJ SeafoodCJ Seafood Price PredictionBuy or Sell Advice 

CJ Seafood Forecasted Value

In the context of forecasting CJ Seafood'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. CJ Seafood's downside and upside margins for the forecasting period are 3,083 and 3,087, respectively. We have considered CJ Seafood'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
3,035
3,085
Expected Value
3,087
Upside

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 CJ Seafood stock data series using in forecasting. Note that when a statistical model is used to represent CJ Seafood 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 Criteria121.8575
BiasArithmetic mean of the errors 17.2629
MADMean absolute deviation77.9095
MAPEMean absolute percentage error0.0257
SAESum of the absolute errors4518.75
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 CJ Seafood. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for CJ Seafood Corp and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for CJ Seafood

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CJ Seafood 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.
Hype
Prediction
LowEstimatedHigh
3,0333,0353,037
Details
Intrinsic
Valuation
LowRealHigh
2,7323,1063,108
Details
Bollinger
Band Projection (param)
LowMiddleHigh
2,6952,9663,237
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CJ Seafood. Your research has to be compared to or analyzed against CJ Seafood's peers to derive any actionable benefits. When done correctly, CJ Seafood'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 CJ Seafood Corp.

Other Forecasting Options for CJ Seafood

For every potential investor in 011150, whether a beginner or expert, CJ Seafood's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 011150 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 011150. Basic forecasting techniques help filter out the noise by identifying CJ Seafood's price trends.

CJ Seafood 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 CJ Seafood stock to make a market-neutral strategy. Peer analysis of CJ Seafood could also be used in its relative valuation, which is a method of valuing CJ Seafood by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

CJ Seafood 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 CJ Seafood'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 CJ Seafood's current price.

CJ Seafood Market Strength Events

Market strength indicators help investors to evaluate how CJ Seafood stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CJ Seafood shares will generate the highest return on investment. By undertsting and applying CJ Seafood stock market strength indicators, traders can identify CJ Seafood Corp entry and exit signals to maximize returns.

CJ Seafood Risk Indicators

The analysis of CJ Seafood'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 CJ Seafood's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 011150 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.
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.

Pair Trading with CJ Seafood

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 CJ Seafood 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 CJ Seafood will appreciate offsetting losses from the drop in the long position's value.

Moving together with 011150 Stock

  0.76293780 AptaBio TherapeuticsPairCorr
  0.69215480 Daewoo SBI SPACPairCorr
  0.88302430 InnometryPairCorr

Moving against 011150 Stock

  0.78122870 YG EntertainmentPairCorr
  0.75003535 Hanwha InvestmentSecuriPairCorr
  0.72012330 Hyundai MobisPairCorr
  0.71041510 SM EntertainmentPairCorr
  0.68035420 NaverPairCorr
The ability to find closely correlated positions to CJ Seafood could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CJ Seafood when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CJ Seafood - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CJ Seafood Corp to buy it.
The correlation of CJ Seafood is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CJ Seafood moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CJ Seafood Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CJ Seafood can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in 011150 Stock

CJ Seafood financial ratios help investors to determine whether 011150 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 011150 with respect to the benefits of owning CJ Seafood security.