Golden Eagle Stock Forecast - 4 Period Moving Average

SMMT Stock  IDR 765.00  5.00  0.65%   
The 4 Period Moving Average forecasted value of Golden Eagle Energy on the next trading day is expected to be 765.00 with a mean absolute deviation of 14.69 and the sum of the absolute errors of 837.50. Golden Stock Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Golden Eagle Energy 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.

Golden Eagle 4 Period Moving Average Price Forecast For the 16th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of Golden Eagle Energy on the next trading day is expected to be 765.00 with a mean absolute deviation of 14.69, mean absolute percentage error of 495.94, and the sum of the absolute errors of 837.50.
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 Eagle's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Golden Eagle Stock Forecast Pattern

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Golden Eagle Forecasted Value

In the context of forecasting Golden Eagle'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 Eagle's downside and upside margins for the forecasting period are 762.81 and 767.19, respectively. We have considered Golden Eagle'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
765.00
762.81
Downside
765.00
Expected Value
767.19
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 Golden Eagle stock data series using in forecasting. Note that when a statistical model is used to represent Golden Eagle 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 Criteria116.9655
BiasArithmetic mean of the errors -0.3509
MADMean absolute deviation14.693
MAPEMean absolute percentage error0.0189
SAESum of the absolute errors837.5
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 Golden Eagle. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Golden Eagle Energy and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Golden Eagle

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 Eagle Energy. 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
762.81765.00767.19
Details
Intrinsic
Valuation
LowRealHigh
691.94694.12841.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
735.60756.00776.40
Details

Other Forecasting Options for Golden Eagle

For every potential investor in Golden, whether a beginner or expert, Golden Eagle'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 Eagle's price trends.

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

Golden Eagle Energy 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 Eagle'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 Eagle's current price.

Golden Eagle Market Strength Events

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

Golden Eagle Risk Indicators

The analysis of Golden Eagle'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 Eagle'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.

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Other Information on Investing in Golden Stock

Golden Eagle financial ratios help investors to determine whether Golden Stock 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 Golden with respect to the benefits of owning Golden Eagle security.