General Environmental Pink Sheet Forecast - Naive Prediction

GEVI Stock  USD 0.85  0.05  5.56%   
The Naive Prediction forecasted value of General Environmental Management on the next trading day is expected to be 0.96 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.50. General Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of General Environmental's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for General Environmental is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of General Environmental Management 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.

General Environmental Naive Prediction Price Forecast For the 27th of November

Given 90 days horizon, the Naive Prediction forecasted value of General Environmental Management on the next trading day is expected to be 0.96 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.50.
Please note that although there have been many attempts to predict General 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 General Environmental's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

General Environmental Pink Sheet Forecast Pattern

Backtest General EnvironmentalGeneral Environmental Price PredictionBuy or Sell Advice 

General Environmental Forecasted Value

In the context of forecasting General Environmental'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. General Environmental's downside and upside margins for the forecasting period are 0.01 and 6.86, respectively. We have considered General Environmental'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
0.85
0.96
Expected Value
6.86
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 General Environmental pink sheet data series using in forecasting. Note that when a statistical model is used to represent General Environmental 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 Criteria111.2892
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0245
MAPEMean absolute percentage error0.0325
SAESum of the absolute errors1.4973
This model is not at all useful as a medium-long range forecasting tool of General Environmental Management. 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 General Environmental. 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 General Environmental

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as General Environmental. 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 General Environmental'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
0.040.856.75
Details
Intrinsic
Valuation
LowRealHigh
0.030.696.59
Details

Other Forecasting Options for General Environmental

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

View General Environmental Related Equities

 Risk & Return  Correlation

General Environmental 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 General Environmental'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 General Environmental's current price.

General Environmental Market Strength Events

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

General Environmental Risk Indicators

The analysis of General Environmental'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 General Environmental's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting general 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

Other Information on Investing in General Pink Sheet

General Environmental financial ratios help investors to determine whether General Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in General with respect to the benefits of owning General Environmental security.