Golden Dawn Pink Sheet Forecast - Naive Prediction

GDMRFDelisted Stock  USD 0  0.00  0.00%   
The Naive Prediction forecasted value of Golden Dawn Minerals on the next trading day is expected to be 0 with a mean absolute deviation of 0.000016 and the sum of the absolute errors of 0.001. Golden Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Golden Dawn's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Golden Dawn is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Golden Dawn Minerals 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.

Golden Dawn Naive Prediction Price Forecast For the 24th of December

Given 90 days horizon, the Naive Prediction forecasted value of Golden Dawn Minerals on the next trading day is expected to be 0 with a mean absolute deviation of 0.000016, mean absolute percentage error of 0, and the sum of the absolute errors of 0.001.
Please note that although there have been many attempts to predict Golden 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 Golden Dawn's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Golden Dawn Pink Sheet Forecast Pattern

Backtest Golden DawnGolden Dawn Price PredictionBuy 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 Golden Dawn pink sheet data series using in forecasting. Note that when a statistical model is used to represent Golden Dawn 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 Criteria97.5169
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0042
SAESum of the absolute errors0.001
This model is not at all useful as a medium-long range forecasting tool of Golden Dawn Minerals. 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 Golden Dawn. 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 Golden Dawn

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 Dawn Minerals. 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
0.0000.00
Details
Intrinsic
Valuation
LowRealHigh
0.0000.00
Details

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

Golden Dawn Market Strength Events

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

Golden Dawn Risk Indicators

The analysis of Golden Dawn'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 Dawn's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting golden pink sheet 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.

Currently Active Assets on Macroaxis

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 metropolitan statistical area.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Other Consideration for investing in Golden Pink Sheet

If you are still planning to invest in Golden Dawn Minerals 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 Golden Dawn's history and understand the potential risks before investing.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Insider Screener
Find insiders across different sectors to evaluate their impact on performance