GEN Restaurant Stock Forecast - Triple Exponential Smoothing
| GENK Stock | 2.44 0.13 5.63% |
The Triple Exponential Smoothing forecasted value of GEN Restaurant Group on the next trading day is expected to be 2.41 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.59. GEN Stock Forecast is based on your current time horizon. Although GEN Restaurant's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of GEN Restaurant's systematic risk associated with finding meaningful patterns of GEN Restaurant fundamentals over time.
As of now the relative strength indicator of GEN Restaurant's 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 8
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth (0.94) | EPS Estimate Next Quarter (0.02) | EPS Estimate Current Year (0.26) | EPS Estimate Next Year (0.10) | Wall Street Target Price 4.5 |
Using GEN Restaurant hype-based prediction, you can estimate the value of GEN Restaurant Group from the perspective of GEN Restaurant response to recently generated media hype and the effects of current headlines on its competitors.
GEN Restaurant Group Hype to Price Pattern
Investor biases related to GEN Restaurant's public news can be used to forecast risks associated with an investment in GEN. The trend in average sentiment can be used to explain how an investor holding GEN can time the market purely based on public headlines and social activities around GEN Restaurant Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of GEN Restaurant's market sentiment to its price can help taders to make decisions based on the overall investors consensus about GEN Restaurant.
The Triple Exponential Smoothing forecasted value of GEN Restaurant Group on the next trading day is expected to be 2.41 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.59. GEN Restaurant after-hype prediction price | USD 2.42 |
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.
Check out Historical Fundamental Analysis of GEN Restaurant to cross-verify your projections. GEN Restaurant Additional Predictive Modules
Most predictive techniques to examine GEN price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for GEN using various technical indicators. When you analyze GEN 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 |
GEN Restaurant Triple Exponential Smoothing Price Forecast For the 7th of January
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of GEN Restaurant Group on the next trading day is expected to be 2.41 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.59.Please note that although there have been many attempts to predict GEN 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 GEN Restaurant's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
GEN Restaurant Stock Forecast Pattern
| Backtest GEN Restaurant | GEN Restaurant Price Prediction | Buy or Sell Advice |
GEN Restaurant Forecasted Value
In the context of forecasting GEN Restaurant'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. GEN Restaurant's downside and upside margins for the forecasting period are 0.02 and 6.21, respectively. We have considered GEN Restaurant'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of GEN Restaurant stock data series using in forecasting. Note that when a statistical model is used to represent GEN Restaurant 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0157 |
| MAD | Mean absolute deviation | 0.0766 |
| MAPE | Mean absolute percentage error | 0.0295 |
| SAE | Sum of the absolute errors | 4.5934 |
Predictive Modules for GEN Restaurant
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GEN Restaurant Group. 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.Other Forecasting Options for GEN Restaurant
For every potential investor in GEN, whether a beginner or expert, GEN Restaurant's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GEN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GEN. Basic forecasting techniques help filter out the noise by identifying GEN Restaurant's price trends.GEN Restaurant 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 GEN Restaurant stock to make a market-neutral strategy. Peer analysis of GEN Restaurant could also be used in its relative valuation, which is a method of valuing GEN Restaurant by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GEN Restaurant Group 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 GEN Restaurant'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 GEN Restaurant's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
GEN Restaurant Market Strength Events
Market strength indicators help investors to evaluate how GEN Restaurant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GEN Restaurant shares will generate the highest return on investment. By undertsting and applying GEN Restaurant stock market strength indicators, traders can identify GEN Restaurant Group entry and exit signals to maximize returns.
GEN Restaurant Risk Indicators
The analysis of GEN Restaurant'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 GEN Restaurant's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gen 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 | |||
| Standard Deviation | 3.79 | |||
| Variance | 14.38 |
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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Try AI Portfolio ProphetCheck out Historical Fundamental Analysis of GEN Restaurant to cross-verify your projections. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GEN Restaurant. If investors know GEN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GEN Restaurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Dividend Share 0.03 | Earnings Share (0.26) | Revenue Per Share | Quarterly Revenue Growth 0.027 |
The market value of GEN Restaurant Group is measured differently than its book value, which is the value of GEN that is recorded on the company's balance sheet. Investors also form their own opinion of GEN Restaurant's value that differs from its market value or its book value, called intrinsic value, which is GEN Restaurant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GEN Restaurant's market value can be influenced by many factors that don't directly affect GEN Restaurant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GEN Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if GEN Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GEN Restaurant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.