GHST World Pink Sheet Forecast - Naive Prediction

GHST Stock  USD 0.04  0.00  0.00%   
The Naive Prediction forecasted value of GHST World on the next trading day is expected to be 0.04 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.14. GHST Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of GHST World's share price is below 20 . This usually indicates that the pink sheet 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 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of GHST World's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with GHST World, which may create opportunities for some arbitrage if properly timed.
Using GHST World hype-based prediction, you can estimate the value of GHST World from the perspective of GHST World response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of GHST World on the next trading day is expected to be 0.04 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.14.

GHST World after-hype prediction price

    
  USD 0.04  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of GHST World to cross-verify your projections.

GHST World Additional Predictive Modules

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

GHST World Naive Prediction Price Forecast For the 19th of January

Given 90 days horizon, the Naive Prediction forecasted value of GHST World on the next trading day is expected to be 0.04 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000956, and the sum of the absolute errors of 0.14.
Please note that although there have been many attempts to predict GHST 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 GHST World's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

GHST World Pink Sheet Forecast Pattern

Backtest GHST WorldGHST World Price PredictionBuy or Sell Advice 

GHST World Forecasted Value

In the context of forecasting GHST World'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. GHST World's downside and upside margins for the forecasting period are 0.0004 and 8.28, respectively. We have considered GHST World'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
0.04
0.0004
Downside
0.04
Expected Value
8.28
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 GHST World pink sheet data series using in forecasting. Note that when a statistical model is used to represent GHST World 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 Criteria106.5529
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0024
MAPEMean absolute percentage error0.0617
SAESum of the absolute errors0.1437
This model is not at all useful as a medium-long range forecasting tool of GHST World. 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 GHST World. 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 GHST World

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GHST World. 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 GHST World'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
0.000.048.28
Details
Intrinsic
Valuation
LowRealHigh
0.000.038.27
Details

Other Forecasting Options for GHST World

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

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

GHST World 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 GHST World'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 GHST World's current price.

GHST World Market Strength Events

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

GHST World Risk Indicators

The analysis of GHST World'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 GHST World's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ghst 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for GHST Pink Sheet Analysis

When running GHST World's price analysis, check to measure GHST World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GHST World is operating at the current time. Most of GHST World's value examination focuses on studying past and present price action to predict the probability of GHST World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GHST World's price. Additionally, you may evaluate how the addition of GHST World to your portfolios can decrease your overall portfolio volatility.