Gri Ecologic Stock Forecast - Simple Moving Average
| GRI Stock | EUR 0.98 0.02 2.00% |
The Simple Moving Average forecasted value of Gri Ecologic SA on the next trading day is expected to be 0.98 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.21. Gri Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gri Ecologic stock prices and determine the direction of Gri Ecologic SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gri Ecologic's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the value of rsi of Gri Ecologic'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 Gri Ecologic hype-based prediction, you can estimate the value of Gri Ecologic SA from the perspective of Gri Ecologic response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Gri Ecologic SA on the next trading day is expected to be 0.98 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.21. Gri Ecologic after-hype prediction price | EUR 0.98 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Gri |
Gri Ecologic Additional Predictive Modules
Most predictive techniques to examine Gri price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gri using various technical indicators. When you analyze Gri 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 | ||
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| Volume Indicators |
Gri Ecologic Simple Moving Average Price Forecast For the 26th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Gri Ecologic SA on the next trading day is expected to be 0.98 with a mean absolute deviation of 0, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.21.Please note that although there have been many attempts to predict Gri 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 Gri Ecologic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gri Ecologic Stock Forecast Pattern
| Backtest Gri Ecologic | Gri Ecologic Price Prediction | Buy or Sell Advice |
Gri Ecologic Forecasted Value
In the context of forecasting Gri Ecologic's 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. Gri Ecologic's downside and upside margins for the forecasting period are 0.09 and 1.87, respectively. We have considered Gri Ecologic'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Gri Ecologic stock data series using in forecasting. Note that when a statistical model is used to represent Gri Ecologic 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 | 105.3213 |
| Bias | Arithmetic mean of the errors | 0.0015 |
| MAD | Mean absolute deviation | 0.0036 |
| MAPE | Mean absolute percentage error | 0.0035 |
| SAE | Sum of the absolute errors | 0.21 |
Predictive Modules for Gri Ecologic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gri Ecologic SA. 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.Gri Ecologic After-Hype Price Prediction Density Analysis
As far as predicting the price of Gri Ecologic at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Gri Ecologic or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Gri Ecologic, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Gri Ecologic Estimiated After-Hype Price Volatility
In the context of predicting Gri Ecologic's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gri Ecologic's historical news coverage. Gri Ecologic's after-hype downside and upside margins for the prediction period are 0.09 and 1.87, respectively. We have considered Gri Ecologic's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Gri Ecologic is unstable at this time. Analysis and calculation of next after-hype price of Gri Ecologic SA is based on 3 months time horizon.
Gri Ecologic Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Gri Ecologic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gri Ecologic backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Gri Ecologic, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.09 | 0.89 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.98 | 0.98 | 0.00 |
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Gri Ecologic Hype Timeline
Gri Ecologic SA is currently traded for 0.98on Madrid Exchange of Spain. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Gri 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 -0.09%. %. The volatility of related hype on Gri Ecologic is about 0.0%, with the expected price after the next announcement by competition of 0.98. About 88.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. Gri Ecologic SA has Price/Earnings (P/E) ratio of 288.0. The entity had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Gri Ecologic to cross-verify your projections.Gri Ecologic Related Hype Analysis
Having access to credible news sources related to Gri Ecologic's direct competition is more important than ever and may enhance your ability to predict Gri Ecologic's future price movements. Getting to know how Gri Ecologic's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Gri Ecologic may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NBI | NBI Bearings Europe | 0.00 | 0 per month | 1.54 | 0.02 | 3.57 | (3.45) | 11.42 | |
| MDF | Duro Felguera | 0.00 | 0 per month | 0.00 | (0.15) | 5.56 | (5.26) | 16.37 | |
| COM | Catenon SA | 0.00 | 0 per month | 0.00 | (0.09) | 3.88 | (4.35) | 10.66 | |
| END | Endurance Motive SA | 0.00 | 0 per month | 0.00 | (0.08) | 6.47 | (4.04) | 15.97 | |
| ELZ | Asturiana de Laminados | 0.00 | 0 per month | 0.00 | (0.08) | 7.99 | (9.09) | 22.00 | |
| RBT | Robot SA | 0.00 | 0 per month | 0.85 | 0.02 | 2.67 | (2.01) | 8.06 | |
| EZE | Grupo Ezentis SA | 0.00 | 0 per month | 0.00 | (0.1) | 2.53 | (2.42) | 25.08 | |
| ALQ | Alquiber Quality SA | 0.00 | 0 per month | 0.52 | (0.07) | 0.81 | (0.80) | 4.76 | |
| APG | Axon Partners Group | 0.00 | 0 per month | 0.90 | 0.03 | 2.14 | (2.67) | 9.41 | |
| CLR | CLERHP Estructuras SA | 0.00 | 0 per month | 2.16 | 0.18 | 6.88 | (3.37) | 24.06 |
Other Forecasting Options for Gri Ecologic
For every potential investor in Gri, whether a beginner or expert, Gri Ecologic's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gri Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gri. Basic forecasting techniques help filter out the noise by identifying Gri Ecologic's price trends.Gri Ecologic 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 Gri Ecologic stock to make a market-neutral strategy. Peer analysis of Gri Ecologic could also be used in its relative valuation, which is a method of valuing Gri Ecologic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gri Ecologic Market Strength Events
Market strength indicators help investors to evaluate how Gri Ecologic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gri Ecologic shares will generate the highest return on investment. By undertsting and applying Gri Ecologic stock market strength indicators, traders can identify Gri Ecologic SA entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.98 | |||
| Day Typical Price | 0.98 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
Gri Ecologic Risk Indicators
The analysis of Gri Ecologic'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 Gri Ecologic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gri 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 | 0.2859 | |||
| Standard Deviation | 0.8691 | |||
| Variance | 0.7553 |
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.
Story Coverage note for Gri Ecologic
The number of cover stories for Gri Ecologic depends on current market conditions and Gri Ecologic's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Gri Ecologic is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Gri Ecologic's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Gri Stock
Gri Ecologic financial ratios help investors to determine whether Gri Stock 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 Gri with respect to the benefits of owning Gri Ecologic security.