GO2 People Stock Forecast - 4 Period Moving Average

GO2 Stock   0.67  0.00  0.00%   
The 4 Period Moving Average forecasted value of GO2 People on the next trading day is expected to be 0.67 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. GO2 Stock Forecast is based on your current time horizon.
  
At this time, GO2 People's Property Plant And Equipment Gross is comparatively stable compared to the past year. Intangible Assets is likely to gain to about 5.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 12.8 M in 2024.
A four-period moving average forecast model for GO2 People 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.

GO2 People 4 Period Moving Average Price Forecast For the 30th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of GO2 People on the next trading day is expected to be 0.67 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict GO2 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 GO2 People's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

GO2 People Stock Forecast Pattern

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GO2 People Forecasted Value

In the context of forecasting GO2 People'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. GO2 People's downside and upside margins for the forecasting period are 0.67 and 0.67, respectively. We have considered GO2 People'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
0.67
0.67
Expected Value
0.67
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 GO2 People stock data series using in forecasting. Note that when a statistical model is used to represent GO2 People 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
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 GO2 People. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for GO2 People and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for GO2 People

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GO2 People. 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
0.670.670.67
Details
Intrinsic
Valuation
LowRealHigh
0.560.560.74
Details

Other Forecasting Options for GO2 People

For every potential investor in GO2, whether a beginner or expert, GO2 People's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GO2 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GO2. Basic forecasting techniques help filter out the noise by identifying GO2 People's price trends.

GO2 People 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 GO2 People stock to make a market-neutral strategy. Peer analysis of GO2 People could also be used in its relative valuation, which is a method of valuing GO2 People by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

GO2 People 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 GO2 People'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 GO2 People's current price.

GO2 People Market Strength Events

Market strength indicators help investors to evaluate how GO2 People stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GO2 People shares will generate the highest return on investment. By undertsting and applying GO2 People stock market strength indicators, traders can identify GO2 People entry and exit signals to maximize returns.

Thematic Opportunities

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Additional Tools for GO2 Stock Analysis

When running GO2 People's price analysis, check to measure GO2 People'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 GO2 People is operating at the current time. Most of GO2 People's value examination focuses on studying past and present price action to predict the probability of GO2 People's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GO2 People's price. Additionally, you may evaluate how the addition of GO2 People to your portfolios can decrease your overall portfolio volatility.