GulfSlope Energy Pink Sheet Forecast - Naive Prediction

GSPE Stock  USD 0.0001  0.00  0.00%   
The Naive Prediction forecasted value of GulfSlope Energy on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. GulfSlope Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GulfSlope Energy stock prices and determine the direction of GulfSlope Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of GulfSlope Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for GulfSlope Energy is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of GulfSlope Energy 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.

GulfSlope Energy Naive Prediction Price Forecast For the 17th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of GulfSlope Energy on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, 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 GulfSlope 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 GulfSlope Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

GulfSlope Energy Pink Sheet Forecast Pattern

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GulfSlope Energy Forecasted Value

In the context of forecasting GulfSlope Energy'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. GulfSlope Energy's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered GulfSlope Energy'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
0.0001
0.0001
Downside
0.0001
Expected Value
0.0001
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 GulfSlope Energy pink sheet data series using in forecasting. Note that when a statistical model is used to represent GulfSlope Energy 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 Criteria30.385
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of GulfSlope Energy. 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 GulfSlope Energy. 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 GulfSlope Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GulfSlope Energy. 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
0.000.00010.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0000840.00
Details

Other Forecasting Options for GulfSlope Energy

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

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

GulfSlope Energy 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 GulfSlope Energy'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 GulfSlope Energy's current price.

GulfSlope Energy Market Strength Events

Market strength indicators help investors to evaluate how GulfSlope Energy 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 GulfSlope Energy shares will generate the highest return on investment. By undertsting and applying GulfSlope Energy pink sheet market strength indicators, traders can identify GulfSlope Energy entry and exit signals to maximize returns.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in GulfSlope Pink Sheet

GulfSlope Energy financial ratios help investors to determine whether GulfSlope Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GulfSlope with respect to the benefits of owning GulfSlope Energy security.