Pum Tech Stock Forecast - 4 Period Moving Average

251970 Stock  KRW 41,650  400.00  0.95%   
The 4 Period Moving Average forecasted value of Pum Tech Korea Co on the next trading day is expected to be 41,600 with a mean absolute deviation of 1,342 and the sum of the absolute errors of 76,488. Pum Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Pum Tech stock prices and determine the direction of Pum Tech Korea Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Pum Tech's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Pum Tech Korea Co 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.

Pum Tech 4 Period Moving Average Price Forecast For the 26th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Pum Tech Korea Co on the next trading day is expected to be 41,600 with a mean absolute deviation of 1,342, mean absolute percentage error of 2,556,604, and the sum of the absolute errors of 76,488.
Please note that although there have been many attempts to predict Pum 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 Pum Tech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pum Tech Stock Forecast Pattern

Backtest Pum TechPum Tech Price PredictionBuy or Sell Advice 

Pum Tech Forecasted Value

In the context of forecasting Pum Tech'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. Pum Tech's downside and upside margins for the forecasting period are 41,597 and 41,603, respectively. We have considered Pum Tech'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
41,650
41,597
Downside
41,600
Expected Value
41,603
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 Pum Tech stock data series using in forecasting. Note that when a statistical model is used to represent Pum Tech 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 Criteria125.5132
BiasArithmetic mean of the errors -325.2193
MADMean absolute deviation1341.886
MAPEMean absolute percentage error0.0362
SAESum of the absolute errors76487.5
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 Pum Tech. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Pum Tech Korea Co and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Pum Tech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pum Tech Korea. 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
41,64741,65041,653
Details
Intrinsic
Valuation
LowRealHigh
39,45939,46245,815
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pum Tech. Your research has to be compared to or analyzed against Pum Tech's peers to derive any actionable benefits. When done correctly, Pum Tech'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 Pum Tech Korea.

Other Forecasting Options for Pum Tech

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

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

Pum Tech Korea 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 Pum Tech'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 Pum Tech's current price.

Pum Tech Market Strength Events

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

Pum Tech Risk Indicators

The analysis of Pum Tech'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 Pum Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pum 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 Pum Tech

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 Pum Tech 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 Pum Tech will appreciate offsetting losses from the drop in the long position's value.

Moving against Pum Stock

  0.62055550 Shinhan FinancialPairCorr
  0.55005935 Samsung ElectronicsPairCorr
  0.45005380 Hyundai MotorPairCorr
  0.42005930 Samsung ElectronicsPairCorr
  0.4316140 Woori Financial GroupPairCorr
The ability to find closely correlated positions to Pum Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pum Tech 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 Pum Tech - 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 Pum Tech Korea Co to buy it.
The correlation of Pum Tech 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 Pum Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pum Tech Korea 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 Pum Tech 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 Pum Stock

Pum Tech financial ratios help investors to determine whether Pum 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 Pum with respect to the benefits of owning Pum Tech security.