Hiwin Mikrosystem Stock Forecast - Triple Exponential Smoothing

4576 Stock  TWD 115.50  2.50  2.21%   
The Triple Exponential Smoothing forecasted value of Hiwin Mikrosystem Corp on the next trading day is expected to be 114.76 with a mean absolute deviation of 3.74 and the sum of the absolute errors of 220.77. Hiwin Stock Forecast is based on your current time horizon.
  
Triple exponential smoothing for Hiwin Mikrosystem - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Hiwin Mikrosystem prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Hiwin Mikrosystem price movement. However, neither of these exponential smoothing models address any seasonality of Hiwin Mikrosystem Corp.

Hiwin Mikrosystem Triple Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Hiwin Mikrosystem Corp on the next trading day is expected to be 114.76 with a mean absolute deviation of 3.74, mean absolute percentage error of 25.47, and the sum of the absolute errors of 220.77.
Please note that although there have been many attempts to predict Hiwin 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 Hiwin Mikrosystem's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Hiwin Mikrosystem Stock Forecast Pattern

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Hiwin Mikrosystem Forecasted Value

In the context of forecasting Hiwin Mikrosystem'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. Hiwin Mikrosystem's downside and upside margins for the forecasting period are 110.66 and 118.85, respectively. We have considered Hiwin Mikrosystem'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
115.50
110.66
Downside
114.76
Expected Value
118.85
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Hiwin Mikrosystem stock data series using in forecasting. Note that when a statistical model is used to represent Hiwin Mikrosystem 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 CriteriaHuge
BiasArithmetic mean of the errors -0.2028
MADMean absolute deviation3.7418
MAPEMean absolute percentage error0.0315
SAESum of the absolute errors220.7674
As with simple exponential smoothing, in triple exponential smoothing models past Hiwin Mikrosystem observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Hiwin Mikrosystem Corp observations.

Predictive Modules for Hiwin Mikrosystem

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hiwin Mikrosystem 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
111.40115.50119.60
Details
Intrinsic
Valuation
LowRealHigh
107.60111.70115.80
Details
Bollinger
Band Projection (param)
LowMiddleHigh
103.64128.56153.47
Details

Other Forecasting Options for Hiwin Mikrosystem

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

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

Hiwin Mikrosystem 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 Hiwin Mikrosystem'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 Hiwin Mikrosystem's current price.

Hiwin Mikrosystem Market Strength Events

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

Hiwin Mikrosystem Risk Indicators

The analysis of Hiwin Mikrosystem'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 Hiwin Mikrosystem's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hiwin 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Hiwin Stock Analysis

When running Hiwin Mikrosystem's price analysis, check to measure Hiwin Mikrosystem's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hiwin Mikrosystem is operating at the current time. Most of Hiwin Mikrosystem's value examination focuses on studying past and present price action to predict the probability of Hiwin Mikrosystem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hiwin Mikrosystem's price. Additionally, you may evaluate how the addition of Hiwin Mikrosystem to your portfolios can decrease your overall portfolio volatility.