Gabelli Global Stock Forecast - Simple Moving Average
| GLU Stock | USD 16.32 0.02 0.12% |
The Simple Moving Average forecasted value of Gabelli Global Utility on the next trading day is expected to be 16.32 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.80. Gabelli Stock Forecast is based on your current time horizon.
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Gabelli Global Simple Moving Average Price Forecast For the 15th of December 2024
Given 90 days horizon, the Simple Moving Average forecasted value of Gabelli Global Utility on the next trading day is expected to be 16.32 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.04, and the sum of the absolute errors of 7.80.Please note that although there have been many attempts to predict Gabelli 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 Gabelli Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gabelli Global Stock Forecast Pattern
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Gabelli Global Forecasted Value
In the context of forecasting Gabelli Global'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. Gabelli Global's downside and upside margins for the forecasting period are 15.07 and 17.57, respectively. We have considered Gabelli Global'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Gabelli Global stock data series using in forecasting. Note that when a statistical model is used to represent Gabelli Global 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.| AIC | Akaike Information Criteria | 113.0076 |
| Bias | Arithmetic mean of the errors | -0.0097 |
| MAD | Mean absolute deviation | 0.13 |
| MAPE | Mean absolute percentage error | 0.008 |
| SAE | Sum of the absolute errors | 7.8 |
Predictive Modules for Gabelli Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gabelli Global Utility. 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.Other Forecasting Options for Gabelli Global
For every potential investor in Gabelli, whether a beginner or expert, Gabelli Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gabelli Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gabelli. Basic forecasting techniques help filter out the noise by identifying Gabelli Global's price trends.Gabelli Global 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 Gabelli Global stock to make a market-neutral strategy. Peer analysis of Gabelli Global could also be used in its relative valuation, which is a method of valuing Gabelli Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gabelli Global Utility 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 Gabelli Global'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 Gabelli Global's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Gabelli Global Market Strength Events
Market strength indicators help investors to evaluate how Gabelli Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gabelli Global shares will generate the highest return on investment. By undertsting and applying Gabelli Global stock market strength indicators, traders can identify Gabelli Global Utility entry and exit signals to maximize returns.
| Accumulation Distribution | 298.46 | |||
| Daily Balance Of Power | (0.11) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 16.33 | |||
| Day Typical Price | 16.32 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
Gabelli Global Risk Indicators
The analysis of Gabelli Global'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 Gabelli Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gabelli 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.
| Mean Deviation | 0.8774 | |||
| Semi Deviation | 1.07 | |||
| Standard Deviation | 1.29 | |||
| Variance | 1.68 | |||
| Downside Variance | 1.63 | |||
| Semi Variance | 1.15 | |||
| Expected Short fall | (0.98) |
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.
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Additional Tools for Gabelli Stock Analysis
When running Gabelli Global's price analysis, check to measure Gabelli Global'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 Gabelli Global is operating at the current time. Most of Gabelli Global's value examination focuses on studying past and present price action to predict the probability of Gabelli Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabelli Global's price. Additionally, you may evaluate how the addition of Gabelli Global to your portfolios can decrease your overall portfolio volatility.