Gold Ent Pink Sheet Forecast - Naive Prediction

GEGP Stock  USD 0.0002  0.0001  100.00%   
The Naive Prediction forecasted value of Gold Ent Group on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000032 and the sum of the absolute errors of 0. Gold Pink Sheet Forecast is based on your current time horizon.
  
A naive forecasting model for Gold Ent is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Gold Ent Group value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Gold Ent Naive Prediction Price Forecast For the 5th of December

Given 90 days horizon, the Naive Prediction forecasted value of Gold Ent Group on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000032, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Gold Pink Sheet 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 Gold Ent's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Gold Ent Pink Sheet Forecast Pattern

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Gold Ent Forecasted Value

In the context of forecasting Gold Ent's Pink Sheet 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. Gold Ent's downside and upside margins for the forecasting period are 0.000002 and 36.86, respectively. We have considered Gold Ent'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
0.0002
0.000002
Downside
0.0001
Expected Value
36.86
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Gold Ent pink sheet data series using in forecasting. Note that when a statistical model is used to represent Gold Ent pink sheet, 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 Criteria97.8528
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.2397
SAESum of the absolute errors0.002
This model is not at all useful as a medium-long range forecasting tool of Gold Ent Group. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Gold Ent. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Gold Ent

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gold Ent Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
0.000.000236.86
Details
Intrinsic
Valuation
LowRealHigh
0.000.000136.86
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00020.00020.0002
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gold Ent. Your research has to be compared to or analyzed against Gold Ent's peers to derive any actionable benefits. When done correctly, Gold Ent'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 Gold Ent Group.

Other Forecasting Options for Gold Ent

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

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

Gold Ent Group Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Gold Ent'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 Gold Ent's current price.

Gold Ent Market Strength Events

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

Gold Ent Risk Indicators

The analysis of Gold Ent'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 Gold Ent's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gold pink sheet 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.

Additional Tools for Gold Pink Sheet Analysis

When running Gold Ent's price analysis, check to measure Gold Ent'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 Gold Ent is operating at the current time. Most of Gold Ent's value examination focuses on studying past and present price action to predict the probability of Gold Ent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Ent's price. Additionally, you may evaluate how the addition of Gold Ent to your portfolios can decrease your overall portfolio volatility.