Gaming Corps Stock Forecast - Simple Exponential Smoothing
| GCOR Stock | SEK 1.20 0.02 1.69% |
The Simple Exponential Smoothing forecasted value of Gaming Corps AB on the next trading day is expected to be 1.20 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.99. Gaming Stock Forecast is based on your current time horizon.
At this time the value of rsi of Gaming Corps' share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Gaming Corps hype-based prediction, you can estimate the value of Gaming Corps AB from the perspective of Gaming Corps response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Gaming Corps AB on the next trading day is expected to be 1.20 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.99. Gaming Corps after-hype prediction price | SEK 1.2 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Gaming |
Gaming Corps Additional Predictive Modules
Most predictive techniques to examine Gaming price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gaming using various technical indicators. When you analyze Gaming charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Gaming Corps Simple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Gaming Corps AB on the next trading day is expected to be 1.20 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.99.Please note that although there have been many attempts to predict Gaming 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 Gaming Corps' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gaming Corps Stock Forecast Pattern
| Backtest Gaming Corps | Gaming Corps Price Prediction | Buy or Sell Advice |
Gaming Corps Forecasted Value
In the context of forecasting Gaming Corps' 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. Gaming Corps' downside and upside margins for the forecasting period are 0.01 and 5.29, respectively. We have considered Gaming Corps' 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Gaming Corps stock data series using in forecasting. Note that when a statistical model is used to represent Gaming Corps 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 | 111.9688 |
| Bias | Arithmetic mean of the errors | -0.0042 |
| MAD | Mean absolute deviation | 0.0327 |
| MAPE | Mean absolute percentage error | 0.0289 |
| SAE | Sum of the absolute errors | 1.9917 |
Predictive Modules for Gaming Corps
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gaming Corps AB. 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.Gaming Corps After-Hype Price Prediction Density Analysis
As far as predicting the price of Gaming Corps at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Gaming Corps or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Gaming Corps, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Gaming Corps Estimiated After-Hype Price Volatility
In the context of predicting Gaming Corps' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gaming Corps' historical news coverage. Gaming Corps' after-hype downside and upside margins for the prediction period are 0.06 and 5.30, respectively. We have considered Gaming Corps' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Gaming Corps is extremely dangerous at this time. Analysis and calculation of next after-hype price of Gaming Corps AB is based on 3 months time horizon.
Gaming Corps Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Gaming Corps is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gaming Corps backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Gaming Corps, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.31 | 4.10 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.20 | 1.20 | 0.00 |
|
Gaming Corps Hype Timeline
Gaming Corps AB is currently traded for 1.20on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Gaming is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.31%. %. The volatility of related hype on Gaming Corps is about 0.0%, with the expected price after the next announcement by competition of 1.20. About 30.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.58. Gaming Corps AB had not issued any dividends in recent years. The entity had 1:10 split on the 27th of July 2020. Assuming the 90 days trading horizon the next anticipated press release will be in a few days. Check out Historical Fundamental Analysis of Gaming Corps to cross-verify your projections.Gaming Corps Related Hype Analysis
Having access to credible news sources related to Gaming Corps' direct competition is more important than ever and may enhance your ability to predict Gaming Corps' future price movements. Getting to know how Gaming Corps' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Gaming Corps may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FLEXM | Flexion Mobile PLC | 0.00 | 0 per month | 4.53 | 0.01 | 10.32 | (7.63) | 31.58 | |
| BUSER | Bambuser AB | 0.00 | 0 per month | 0.00 | (0.12) | 7.77 | (8.73) | 28.92 | |
| INCOAX | InCoax Networks AB | 0.00 | 0 per month | 0.00 | (0.01) | 10.00 | (12.50) | 38.78 | |
| CHECK | Checkin Group AB | 0.00 | 0 per month | 0.00 | (0.11) | 6.40 | (6.45) | 22.46 | |
| TERRNT-B | Terranet AB | 0.00 | 0 per month | 0.00 | (0.19) | 4.71 | (6.23) | 14.22 | |
| FRAG | Fragbite Group AB | 0.00 | 0 per month | 0.00 | (0.05) | 7.83 | (8.29) | 55.16 | |
| WPAY | West International AB | 0.00 | 0 per month | 0.00 | (0.07) | 6.72 | (5.80) | 20.12 | |
| IS | Image Systems AB | 0.00 | 0 per month | 0.00 | (0.19) | 3.94 | (5.13) | 19.75 | |
| STAR-B | Starbreeze AB | 0.00 | 0 per month | 0.00 | (0.18) | 0.40 | (8.33) | 19.09 | |
| SFL | Safello Group AB | 0.00 | 0 per month | 0.00 | (0.13) | 9.96 | (5.63) | 22.63 |
Other Forecasting Options for Gaming Corps
For every potential investor in Gaming, whether a beginner or expert, Gaming Corps' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gaming Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gaming. Basic forecasting techniques help filter out the noise by identifying Gaming Corps' price trends.Gaming Corps 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 Gaming Corps stock to make a market-neutral strategy. Peer analysis of Gaming Corps could also be used in its relative valuation, which is a method of valuing Gaming Corps by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gaming Corps Market Strength Events
Market strength indicators help investors to evaluate how Gaming Corps stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gaming Corps shares will generate the highest return on investment. By undertsting and applying Gaming Corps stock market strength indicators, traders can identify Gaming Corps AB entry and exit signals to maximize returns.
| Accumulation Distribution | 1720.98 | |||
| Daily Balance Of Power | 0.25 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 1.19 | |||
| Day Typical Price | 1.19 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.02 |
Gaming Corps Risk Indicators
The analysis of Gaming Corps' 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 Gaming Corps' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gaming 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 | 2.85 | |||
| Semi Deviation | 3.46 | |||
| Standard Deviation | 4.06 | |||
| Variance | 16.5 | |||
| Downside Variance | 18.51 | |||
| Semi Variance | 11.95 | |||
| Expected Short fall | (3.62) |
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.
Story Coverage note for Gaming Corps
The number of cover stories for Gaming Corps depends on current market conditions and Gaming Corps' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Gaming Corps is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Gaming Corps' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Gaming Corps Short Properties
Gaming Corps' future price predictability will typically decrease when Gaming Corps' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Gaming Corps AB often depends not only on the future outlook of the potential Gaming Corps' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Gaming Corps' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.4 M | |
| Cash And Short Term Investments | 288.6 K |
Additional Tools for Gaming Stock Analysis
When running Gaming Corps' price analysis, check to measure Gaming Corps' 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 Gaming Corps is operating at the current time. Most of Gaming Corps' value examination focuses on studying past and present price action to predict the probability of Gaming Corps' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gaming Corps' price. Additionally, you may evaluate how the addition of Gaming Corps to your portfolios can decrease your overall portfolio volatility.