Gap Stock Forecast - Naive Prediction
| GPSDelisted Stock | USD 23.28 0.18 0.78% |
The Naive Prediction forecasted value of Gap Inc on the next trading day is expected to be 23.31 with a mean absolute deviation of 0.58 and the sum of the absolute errors of 35.66. Gap Stock Forecast is based on your current time horizon.
Gap |
Gap Naive Prediction Price Forecast For the 1st of December
Given 90 days horizon, the Naive Prediction forecasted value of Gap Inc on the next trading day is expected to be 23.31 with a mean absolute deviation of 0.58, mean absolute percentage error of 0.49, and the sum of the absolute errors of 35.66.Please note that although there have been many attempts to predict Gap 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 Gap's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gap Stock Forecast Pattern
| Backtest Gap | Gap Price Prediction | Buy or Sell Advice |
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 Gap stock data series using in forecasting. Note that when a statistical model is used to represent Gap 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 | 117.4046 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5846 |
| MAPE | Mean absolute percentage error | 0.0248 |
| SAE | Sum of the absolute errors | 35.6583 |
Predictive Modules for Gap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gap Inc. 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.Gap 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 Gap stock to make a market-neutral strategy. Peer analysis of Gap could also be used in its relative valuation, which is a method of valuing Gap by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gap Market Strength Events
Market strength indicators help investors to evaluate how Gap stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gap shares will generate the highest return on investment. By undertsting and applying Gap stock market strength indicators, traders can identify Gap Inc entry and exit signals to maximize returns.
Gap Risk Indicators
The analysis of Gap'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 Gap's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gap 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 | 2.96 | |||
| Semi Deviation | 2.65 | |||
| Standard Deviation | 4.73 | |||
| Variance | 22.38 | |||
| Downside Variance | 7.86 | |||
| Semi Variance | 7.0 | |||
| Expected Short fall | (4.19) |
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
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Gap Stock
If you are still planning to invest in Gap Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Gap's history and understand the potential risks before investing.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |