GMV Minerals Stock Forecast - 4 Period Moving Average
GMV Stock | CAD 0.14 0.01 7.69% |
The 4 Period Moving Average forecasted value of GMV Minerals on the next trading day is expected to be 0.14 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.64. GMV Stock Forecast is based on your current time horizon.
GMV |
GMV Minerals 4 Period Moving Average Price Forecast For the 2nd of December
Given 90 days horizon, the 4 Period Moving Average forecasted value of GMV Minerals on the next trading day is expected to be 0.14 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.64.Please note that although there have been many attempts to predict GMV 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 GMV Minerals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
GMV Minerals Stock Forecast Pattern
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GMV Minerals Forecasted Value
In the context of forecasting GMV Minerals' 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. GMV Minerals' downside and upside margins for the forecasting period are 0 and 7.80, respectively. We have considered GMV Minerals' 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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of GMV Minerals stock data series using in forecasting. Note that when a statistical model is used to represent GMV Minerals 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 | 102.5062 |
Bias | Arithmetic mean of the errors | -5.0E-4 |
MAD | Mean absolute deviation | 0.0112 |
MAPE | Mean absolute percentage error | 0.067 |
SAE | Sum of the absolute errors | 0.64 |
Predictive Modules for GMV Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GMV Minerals. 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 GMV Minerals
For every potential investor in GMV, whether a beginner or expert, GMV Minerals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GMV Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GMV. Basic forecasting techniques help filter out the noise by identifying GMV Minerals' price trends.GMV Minerals 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 GMV Minerals stock to make a market-neutral strategy. Peer analysis of GMV Minerals could also be used in its relative valuation, which is a method of valuing GMV Minerals by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
GMV Minerals 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 GMV Minerals' 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 GMV Minerals' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
GMV Minerals Market Strength Events
Market strength indicators help investors to evaluate how GMV Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GMV Minerals shares will generate the highest return on investment. By undertsting and applying GMV Minerals stock market strength indicators, traders can identify GMV Minerals entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.08 | |||
Day Median Price | 0.14 | |||
Day Typical Price | 0.14 | |||
Price Action Indicator | 0.005 | |||
Period Momentum Indicator | 0.01 | |||
Relative Strength Index | 42.22 |
GMV Minerals Risk Indicators
The analysis of GMV Minerals' 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 GMV Minerals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gmv 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 | 4.45 | |||
Semi Deviation | 4.46 | |||
Standard Deviation | 7.61 | |||
Variance | 57.89 | |||
Downside Variance | 65.93 | |||
Semi Variance | 19.91 | |||
Expected Short fall | (11.68) |
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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Additional Tools for GMV Stock Analysis
When running GMV Minerals' price analysis, check to measure GMV Minerals' 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 GMV Minerals is operating at the current time. Most of GMV Minerals' value examination focuses on studying past and present price action to predict the probability of GMV Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMV Minerals' price. Additionally, you may evaluate how the addition of GMV Minerals to your portfolios can decrease your overall portfolio volatility.