Groupe Gorg Pink Sheet Forecast - Naive Prediction

Groupe Gorg Additional Predictive Modules

Most predictive techniques to examine Groupe price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Groupe using various technical indicators. When you analyze Groupe 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. A naive forecasting model for Groupe Gorg is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Groupe Gorg SA 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.

Groupe Gorg Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Groupe Gorg SA on the next trading day is expected to be 164.40 with a mean absolute deviation of 6.75, mean absolute percentage error of 62.76, and the sum of the absolute errors of 411.79.

Groupe Gorg Pink Sheet Forecast Pattern

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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 Groupe Gorg pink sheet data series using in forecasting. Note that when a statistical model is used to represent Groupe Gorg 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. This model is not at all useful as a medium-long range forecasting tool of Groupe Gorg SA. 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 Groupe Gorg. 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 Groupe Gorg

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Groupe Gorg SA. 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 Low Estimated High 141.00 141.00 141.00 Details

Intrinsic Valuation Low Real High 100.73 100.72 155.10 Details

Bollinger Band Projection (param) Low Middle High 67.61 102.24 136.86 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Groupe Gorg. Your research has to be compared to or analyzed against Groupe Gorg's peers to derive any actionable benefits. When done correctly, Groupe Gorg's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Groupe Gorg SA.

Groupe Gorg After-Hype Price Prediction Density Analysis

Groupe Gorg Estimiated After-Hype Price Volatility

Groupe Gorg Pink Sheet Price Prediction Analysis

Groupe Gorg Hype Timeline

Groupe Gorg SA is currently traded for 141.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Groupe is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Groupe Gorg is about 0.0%, with the expected price after the next announcement by competition of 141.00. About 44.0% of the company shares are held by company insiders. The book value of Groupe Gorg was currently reported as 3.17. The company last dividend was issued on the 23rd of June 2021. Groupe Gorg SA had 5:1 split on the 23rd of February 2005. Assuming the 90 days horizon the next forecasted press release will be in about 3 days. 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 census.

Groupe Gorg Related Hype Analysis

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Risk & Return

Correlation

Groupe Gorg Market Strength Events

Groupe Gorg Risk Indicators

Story Coverage note for Groupe Gorg

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Other Consideration for investing in Groupe Pink Sheet