Gorilla Technology Stock Forecast - Naive Prediction
| GRRRW Stock | USD 0.40 0.01 2.56% |
The Naive Prediction forecasted value of Gorilla Technology Group on the next trading day is expected to be 0.45 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.93. Gorilla Stock Forecast is based on your current time horizon.
At this time the relative strength indicator of Gorilla Technology'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 |
Quarterly Revenue Growth 0.32 |
Using Gorilla Technology hype-based prediction, you can estimate the value of Gorilla Technology Group from the perspective of Gorilla Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Gorilla Technology Group on the next trading day is expected to be 0.45 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.93. Gorilla Technology after-hype prediction price | USD 0.52 |
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.
Check out Historical Fundamental Analysis of Gorilla Technology to cross-verify your projections. Gorilla Technology Additional Predictive Modules
Most predictive techniques to examine Gorilla price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gorilla using various technical indicators. When you analyze Gorilla 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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Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Gorilla Technology's financial statements to predict how it will affect future prices.
Cash | First Reported 2019-03-31 | Previous Quarter 10.1 M | Current Value 110.2 M | Quarterly Volatility 21.4 M |
Gorilla Technology Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of Gorilla Technology Group on the next trading day is expected to be 0.45 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.93.Please note that although there have been many attempts to predict Gorilla 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 Gorilla Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gorilla Technology Stock Forecast Pattern
| Backtest Gorilla Technology | Gorilla Technology Price Prediction | Buy or Sell Advice |
Gorilla Technology Forecasted Value
In the context of forecasting Gorilla Technology'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. Gorilla Technology's downside and upside margins for the forecasting period are 0 and 15.83, respectively. We have considered Gorilla Technology'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Gorilla Technology stock data series using in forecasting. Note that when a statistical model is used to represent Gorilla Technology 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 | 111.7359 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0316 |
| MAPE | Mean absolute percentage error | 0.0736 |
| SAE | Sum of the absolute errors | 1.93 |
Predictive Modules for Gorilla Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gorilla Technology. 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.Gorilla Technology After-Hype Price Prediction Density Analysis
As far as predicting the price of Gorilla Technology 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 Gorilla Technology 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 Gorilla Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Gorilla Technology Estimiated After-Hype Price Volatility
In the context of predicting Gorilla Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gorilla Technology's historical news coverage. Gorilla Technology's after-hype downside and upside margins for the prediction period are 0.03 and 15.91, respectively. We have considered Gorilla Technology'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
Gorilla Technology is out of control at this time. Analysis and calculation of next after-hype price of Gorilla Technology is based on 3 months time horizon.
Gorilla Technology Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Gorilla Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gorilla Technology 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 Gorilla Technology, 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 |
0.33 | 15.39 | 0.48 | 0.05 | 34 Events / Month | 7 Events / Month | In about 34 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.40 | 0.52 | 29.67 |
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Gorilla Technology Hype Timeline
Gorilla Technology is currently traded for 0.40. The entity has historical hype elasticity of 0.48, and average elasticity to hype of competition of -0.05. Gorilla is projected to increase in value after the next headline, with the price projected to jump to 0.52 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is projected to be 29.67%, whereas the daily expected return is currently at 0.33%. The volatility of related hype on Gorilla Technology is about 10762.24%, with the expected price after the next announcement by competition of 0.35. Gorilla Technology Group has accumulated 22.21 M in total debt. Note, when we think about Gorilla Technology's use of debt, we should always consider it together with its cash and equity.Assuming the 90 days horizon the next projected press release will be in about 34 days. Check out Historical Fundamental Analysis of Gorilla Technology to cross-verify your projections.Gorilla Technology Related Hype Analysis
Having access to credible news sources related to Gorilla Technology's direct competition is more important than ever and may enhance your ability to predict Gorilla Technology's future price movements. Getting to know how Gorilla Technology'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 Gorilla Technology may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BLZE | Backblaze | 0.02 | 9 per month | 0.00 | (0.17) | 5.46 | (6.25) | 42.64 | |
| DAVA | Endava | (0.26) | 7 per month | 0.00 | (0.09) | 5.08 | (4.51) | 34.91 | |
| CCSI | Consensus Cloud Solutions | (0.44) | 9 per month | 0.00 | (0.09) | 3.56 | (5.06) | 20.98 | |
| ALLT | Allot Communications | (0.07) | 9 per month | 2.88 | 0.03 | 5.83 | (5.08) | 16.00 | |
| CINT | CiT Inc | 0.1 | 10 per month | 2.60 | 0.06 | 5.51 | (4.74) | 12.99 | |
| BAND | Bandwidth | (0.26) | 12 per month | 0.00 | (0.11) | 3.66 | (3.75) | 14.57 | |
| CGNT | Cognyte Software | (0.02) | 10 per month | 2.20 | 0.04 | 2.97 | (3.75) | 13.68 | |
| PDYN | Palladyne AI Corp | 0.09 | 12 per month | 0.00 | (0.05) | 10.80 | (7.57) | 24.47 | |
| OSPN | OneSpan | (0.60) | 11 per month | 0.00 | (0.08) | 3.52 | (4.97) | 30.02 | |
| IMXI | International Money Express | 0.01 | 9 per month | 0.00 | (0.12) | 0.41 | (0.33) | 1.45 |
Other Forecasting Options for Gorilla Technology
For every potential investor in Gorilla, whether a beginner or expert, Gorilla Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gorilla Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gorilla. Basic forecasting techniques help filter out the noise by identifying Gorilla Technology's price trends.Gorilla Technology 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 Gorilla Technology stock to make a market-neutral strategy. Peer analysis of Gorilla Technology could also be used in its relative valuation, which is a method of valuing Gorilla Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gorilla Technology Market Strength Events
Market strength indicators help investors to evaluate how Gorilla Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gorilla Technology shares will generate the highest return on investment. By undertsting and applying Gorilla Technology stock market strength indicators, traders can identify Gorilla Technology Group entry and exit signals to maximize returns.
Gorilla Technology Risk Indicators
The analysis of Gorilla Technology'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 Gorilla Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gorilla 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 | 8.12 | |||
| Semi Deviation | 8.91 | |||
| Standard Deviation | 14.68 | |||
| Variance | 215.49 | |||
| Downside Variance | 107.8 | |||
| Semi Variance | 79.36 | |||
| Expected Short fall | (11.85) |
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 Gorilla Technology
The number of cover stories for Gorilla Technology depends on current market conditions and Gorilla Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Gorilla Technology 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 Gorilla Technology'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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Gorilla Technology Short Properties
Gorilla Technology's future price predictability will typically decrease when Gorilla Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Gorilla Technology Group often depends not only on the future outlook of the potential Gorilla Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Gorilla Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.6 M | |
| Cash And Short Term Investments | 37.5 M |
Additional Tools for Gorilla Stock Analysis
When running Gorilla Technology's price analysis, check to measure Gorilla Technology'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 Gorilla Technology is operating at the current time. Most of Gorilla Technology's value examination focuses on studying past and present price action to predict the probability of Gorilla Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gorilla Technology's price. Additionally, you may evaluate how the addition of Gorilla Technology to your portfolios can decrease your overall portfolio volatility.