GD Entertainment Pink Sheet Forecast - Naive Prediction

GDET Stock  USD 0.0001  0.00  0.00%   
The Naive Prediction forecasted value of GD Entertainment Technology on the next trading day is expected to be 0.000082 with a mean absolute deviation of 0.000027 and the sum of the absolute errors of 0. GDET Pink Sheet Forecast is based on your current time horizon.
  
A naive forecasting model for GD Entertainment is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of GD Entertainment Technology 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.

GD Entertainment Naive Prediction Price Forecast For the 28th of November

Given 90 days horizon, the Naive Prediction forecasted value of GD Entertainment Technology on the next trading day is expected to be 0.000082 with a mean absolute deviation of 0.000027, 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 GDET 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 GD Entertainment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

GD Entertainment Pink Sheet Forecast Pattern

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GD Entertainment Forecasted Value

In the context of forecasting GD Entertainment'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. GD Entertainment's downside and upside margins for the forecasting period are 0.000001 and 360.30, respectively. We have considered GD Entertainment'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
0.000001
Downside
0.000082
Expected Value
360.30
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 GD Entertainment pink sheet data series using in forecasting. Note that when a statistical model is used to represent GD Entertainment 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 Criteria97.6081
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors0.0016
This model is not at all useful as a medium-long range forecasting tool of GD Entertainment Technology. 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 GD Entertainment. 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 GD Entertainment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GD Entertainment Tec. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GD Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.000150.01
Details
Intrinsic
Valuation
LowRealHigh
0.000.00006350.01
Details

Other Forecasting Options for GD Entertainment

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

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

GD Entertainment Tec 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 GD Entertainment'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 GD Entertainment's current price.

GD Entertainment Market Strength Events

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

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for GDET Pink Sheet Analysis

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