Aekyung Industrial Stock Forecast - Polynomial Regression

018250 Stock   13,770  260.00  1.85%   
The Polynomial Regression forecasted value of Aekyung Industrial Co on the next trading day is expected to be 13,878 with a mean absolute deviation of 371.81 and the sum of the absolute errors of 22,680. Aekyung Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aekyung Industrial stock prices and determine the direction of Aekyung Industrial Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aekyung Industrial's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Aekyung Industrial polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Aekyung Industrial Co as well as the accuracy indicators are determined from the period prices.

Aekyung Industrial Polynomial Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Aekyung Industrial Co on the next trading day is expected to be 13,878 with a mean absolute deviation of 371.81, mean absolute percentage error of 221,165, and the sum of the absolute errors of 22,680.
Please note that although there have been many attempts to predict Aekyung 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 Aekyung Industrial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aekyung Industrial Stock Forecast Pattern

Backtest Aekyung IndustrialAekyung Industrial Price PredictionBuy or Sell Advice 

Aekyung Industrial Forecasted Value

In the context of forecasting Aekyung Industrial'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. Aekyung Industrial's downside and upside margins for the forecasting period are 13,876 and 13,880, respectively. We have considered Aekyung Industrial'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
13,770
13,876
Downside
13,878
Expected Value
13,880
Upside

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 Aekyung Industrial stock data series using in forecasting. Note that when a statistical model is used to represent Aekyung Industrial 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 Criteria130.4172
BiasArithmetic mean of the errors None
MADMean absolute deviation371.8064
MAPEMean absolute percentage error0.0225
SAESum of the absolute errors22680.1897
A single variable polynomial regression model attempts to put a curve through the Aekyung Industrial historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Aekyung Industrial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aekyung Industrial. 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
0.000.002.27
Details
Intrinsic
Valuation
LowRealHigh
0.000.002.27
Details
Bollinger
Band Projection (param)
LowMiddleHigh
13,05114,64216,234
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aekyung Industrial. Your research has to be compared to or analyzed against Aekyung Industrial's peers to derive any actionable benefits. When done correctly, Aekyung Industrial'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 Aekyung Industrial.

Other Forecasting Options for Aekyung Industrial

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

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

Aekyung Industrial 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 Aekyung Industrial'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 Aekyung Industrial's current price.

Aekyung Industrial Market Strength Events

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

Aekyung Industrial Risk Indicators

The analysis of Aekyung Industrial'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 Aekyung Industrial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aekyung 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 Aekyung Industrial

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 Aekyung Industrial 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 Aekyung Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aekyung Stock

  0.81051900 LG Household HealthcarePairCorr
  0.82051905 LG Household HealthcarePairCorr
  0.83090430 Amorepacific CorpPairCorr
  0.85200130 Mirae Asset No2PairCorr

Moving against Aekyung Stock

  0.73032830 Samsung LifePairCorr
  0.63105560 KB Financial GroupPairCorr
  0.48316140 Woori Financial GroupPairCorr
  0.42222040 Cosmax NbtPairCorr
The ability to find closely correlated positions to Aekyung Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aekyung Industrial 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 Aekyung Industrial - 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 Aekyung Industrial Co to buy it.
The correlation of Aekyung Industrial 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 Aekyung Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aekyung Industrial 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 Aekyung Industrial 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 Aekyung Stock

Aekyung Industrial financial ratios help investors to determine whether Aekyung 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 Aekyung with respect to the benefits of owning Aekyung Industrial security.