Insun Environment Stock Forecast - 8 Period Moving Average

060150 Stock   5,360  90.00  1.65%   
The 8 Period Moving Average forecasted value of Insun Environment New on the next trading day is expected to be 5,391 with a mean absolute deviation of 193.66 and the sum of the absolute errors of 10,264. Insun Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Insun Environment stock prices and determine the direction of Insun Environment New's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Insun Environment's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Insun Environment is based on an artificially constructed time series of Insun Environment daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Insun Environment 8 Period Moving Average Price Forecast For the 31st of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Insun Environment New on the next trading day is expected to be 5,391 with a mean absolute deviation of 193.66, mean absolute percentage error of 70,149, and the sum of the absolute errors of 10,264.
Please note that although there have been many attempts to predict Insun 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 Insun Environment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Insun Environment Stock Forecast Pattern

Backtest Insun EnvironmentInsun Environment Price PredictionBuy or Sell Advice 

Insun Environment Forecasted Value

In the context of forecasting Insun Environment'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. Insun Environment's downside and upside margins for the forecasting period are 5,389 and 5,394, respectively. We have considered Insun Environment'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
5,360
5,391
Expected Value
5,394
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Insun Environment stock data series using in forecasting. Note that when a statistical model is used to represent Insun Environment 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 Criteria114.5659
BiasArithmetic mean of the errors 30.9906
MADMean absolute deviation193.6557
MAPEMean absolute percentage error0.0384
SAESum of the absolute errors10263.75
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. Insun Environment New 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Insun Environment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Insun Environment New. 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
5,3575,3605,363
Details
Intrinsic
Valuation
LowRealHigh
4,3864,3895,896
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Insun Environment. Your research has to be compared to or analyzed against Insun Environment's peers to derive any actionable benefits. When done correctly, Insun Environment'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 Insun Environment New.

Other Forecasting Options for Insun Environment

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

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

Insun Environment New 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 Insun Environment'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 Insun Environment's current price.

Insun Environment Market Strength Events

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

Insun Environment Risk Indicators

The analysis of Insun Environment'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 Insun Environment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting insun 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 Insun Environment

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 Insun Environment 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 Insun Environment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Insun Stock

  0.81293780 AptaBio TherapeuticsPairCorr
  0.65147760 MicrofriendPairCorr
  0.85302430 InnometryPairCorr

Moving against Insun Stock

  0.76122870 YG EntertainmentPairCorr
  0.74003535 Hanwha InvestmentSecuriPairCorr
  0.71035420 NaverPairCorr
  0.7035900 JYP EntertainmentPairCorr
  0.7041510 SM EntertainmentPairCorr
The ability to find closely correlated positions to Insun Environment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insun Environment 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 Insun Environment - 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 Insun Environment New to buy it.
The correlation of Insun Environment 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 Insun Environment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insun Environment New 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 Insun Environment 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 Insun Stock

Insun Environment financial ratios help investors to determine whether Insun 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 Insun with respect to the benefits of owning Insun Environment security.