Great Elm Stock Forecast - Polynomial Regression
| GECCMDelisted Stock | USD 25.03 0.00 0.00% |
The Polynomial Regression forecasted value of Great Elm Capital on the next trading day is expected to be 25.02 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.53. Great Stock Forecast is based on your current time horizon.
Great |
Great Elm Polynomial Regression Price Forecast For the 28th of November
Given 90 days horizon, the Polynomial Regression forecasted value of Great Elm Capital on the next trading day is expected to be 25.02 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.53.Please note that although there have been many attempts to predict Great 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 Great Elm's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Great Elm Stock Forecast Pattern
| Backtest Great Elm | Great Elm Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Great Elm stock data series using in forecasting. Note that when a statistical model is used to represent Great Elm 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 | 113.4338 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0578 |
| MAPE | Mean absolute percentage error | 0.0023 |
| SAE | Sum of the absolute errors | 3.5278 |
Predictive Modules for Great Elm
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great Elm Capital. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Great Elm'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.
Great Elm 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 Great Elm stock to make a market-neutral strategy. Peer analysis of Great Elm could also be used in its relative valuation, which is a method of valuing Great Elm by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Great Elm Market Strength Events
Market strength indicators help investors to evaluate how Great Elm stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Great Elm shares will generate the highest return on investment. By undertsting and applying Great Elm stock market strength indicators, traders can identify Great Elm Capital entry and exit signals to maximize returns.
Great Elm Risk Indicators
The analysis of Great Elm'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 Great Elm's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting great 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 | 0.2759 | |||
| Semi Deviation | 0.417 | |||
| Standard Deviation | 0.5265 | |||
| Variance | 0.2772 | |||
| Downside Variance | 0.3429 | |||
| Semi Variance | 0.1739 | |||
| Expected Short fall | (0.39) |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 main economic indicators. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Great Stock
If you are still planning to invest in Great Elm Capital 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 Great Elm's history and understand the potential risks before investing.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |