Golden Ocean Stock Forecast - Simple Exponential Smoothing
| GOGLDelisted Stock | USD 7.98 0.30 3.62% |
The Simple Exponential Smoothing forecasted value of Golden Ocean Group on the next trading day is expected to be 7.98 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.32. Golden Stock Forecast is based on your current time horizon.
As of now the value of rsi of Golden Ocean'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 0
Sell Peaked
Oversold | Overbought |
Using Golden Ocean hype-based prediction, you can estimate the value of Golden Ocean Group from the perspective of Golden Ocean response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Golden Ocean Group on the next trading day is expected to be 7.98 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.32. Golden Ocean after-hype prediction price | USD 7.98 |
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Golden |
Golden Ocean Additional Predictive Modules
Most predictive techniques to examine Golden price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Golden using various technical indicators. When you analyze Golden 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 |
Golden Ocean Simple Exponential Smoothing Price Forecast For the 15th of January 2026
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Golden Ocean Group on the next trading day is expected to be 7.98 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.32.Please note that although there have been many attempts to predict Golden 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 Golden Ocean's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Golden Ocean Stock Forecast Pattern
| Backtest Golden Ocean | Golden Ocean Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Golden Ocean stock data series using in forecasting. Note that when a statistical model is used to represent Golden Ocean 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 | 112.8013 |
| Bias | Arithmetic mean of the errors | -0.0133 |
| MAD | Mean absolute deviation | 0.1387 |
| MAPE | Mean absolute percentage error | 0.0172 |
| SAE | Sum of the absolute errors | 8.32 |
Predictive Modules for Golden Ocean
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golden Ocean 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.Golden Ocean 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 Golden Ocean stock to make a market-neutral strategy. Peer analysis of Golden Ocean could also be used in its relative valuation, which is a method of valuing Golden Ocean by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Golden Ocean Market Strength Events
Market strength indicators help investors to evaluate how Golden Ocean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Ocean shares will generate the highest return on investment. By undertsting and applying Golden Ocean stock market strength indicators, traders can identify Golden Ocean Group entry and exit signals to maximize returns.
Golden Ocean Risk Indicators
The analysis of Golden Ocean'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 Golden Ocean's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting golden 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 | 1.77 | |||
| Semi Deviation | 2.17 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.12 | |||
| Downside Variance | 5.03 | |||
| Semi Variance | 4.7 | |||
| Expected Short fall | (1.92) |
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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The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ProphetCheck 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 price. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Golden Stock
If you are still planning to invest in Golden Ocean Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Golden Ocean's history and understand the potential risks before investing.
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