Golden Star Stock Forecast - 8 Period Moving Average

GODNU Stock   11.49  0.00  0.00%   
The 8 Period Moving Average forecasted value of Golden Star Acquisition on the next trading day is expected to be 11.49 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 11.48. Golden Stock Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Golden Star is based on an artificially constructed time series of Golden Star daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Golden Star 8 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Golden Star Acquisition on the next trading day is expected to be 11.49 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.11, and the sum of the absolute errors of 11.48.
Please note that although there have been many attempts to predict Golden 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 Golden Star's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Golden Star Stock Forecast Pattern

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Golden Star Forecasted Value

In the context of forecasting Golden Star'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. Golden Star's downside and upside margins for the forecasting period are 9.42 and 13.56, respectively. We have considered Golden Star'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
11.49
11.49
Expected Value
13.56
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Golden Star stock data series using in forecasting. Note that when a statistical model is used to represent Golden Star 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 Criteria101.1955
BiasArithmetic mean of the errors -0.031
MADMean absolute deviation0.2167
MAPEMean absolute percentage error0.0184
SAESum of the absolute errors11.4825
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Golden Star Acquisition 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Golden Star

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golden Star Acquisition. 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
9.4011.4913.58
Details
Intrinsic
Valuation
LowRealHigh
7.689.7711.86
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.0211.6312.25
Details

Other Forecasting Options for Golden Star

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

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

Golden Star Acquisition 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 Golden Star'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 Golden Star's current price.

Golden Star Market Strength Events

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

Golden Star Risk Indicators

The analysis of Golden Star'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 Golden Star's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting golden 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Golden Stock Analysis

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