Gt Legend Stock Forecast - Naive Prediction
| GTLA Stock | USD 0.0001 0.00 0.00% |
The Naive Prediction forecasted value of Gt Legend Automotive on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. GTLA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gt Legend stock prices and determine the direction of Gt Legend Automotive's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gt Legend's historical fundamentals, such as revenue growth or operating cash flow patterns.
At present, Gt Legend's Long Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Inventory is expected to grow to about 107.9 K, whereas Total Assets are forecasted to decline to about 137.4 K. Gt Legend Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Gt Legend's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 4.3 K | Current Value 4.1 K | Quarterly Volatility 1.2 K |
Gt Legend Naive Prediction Price Forecast For the 27th of December
Given 90 days horizon, the Naive Prediction forecasted value of Gt Legend Automotive on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict GTLA 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 Gt Legend's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gt Legend Stock Forecast Pattern
| Backtest Gt Legend | Gt Legend Price Prediction | Buy or Sell Advice |
Gt Legend Forecasted Value
In the context of forecasting Gt Legend'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. Gt Legend's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Gt Legend'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 Gt Legend stock data series using in forecasting. Note that when a statistical model is used to represent Gt Legend 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 | 30.385 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Gt Legend
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gt Legend Automotive. 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 Gt Legend
For every potential investor in GTLA, whether a beginner or expert, Gt Legend's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GTLA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GTLA. Basic forecasting techniques help filter out the noise by identifying Gt Legend's price trends.Gt Legend 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 Gt Legend stock to make a market-neutral strategy. Peer analysis of Gt Legend could also be used in its relative valuation, which is a method of valuing Gt Legend by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gt Legend Automotive 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 Gt Legend'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 Gt Legend's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
Gt Legend Market Strength Events
Market strength indicators help investors to evaluate how Gt Legend stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gt Legend shares will generate the highest return on investment. By undertsting and applying Gt Legend stock market strength indicators, traders can identify Gt Legend Automotive entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Gt Legend Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gt Legend's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gt Legend Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gt Legend Automotive Stock:Check out Historical Fundamental Analysis of Gt Legend to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gt Legend. If investors know GTLA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gt Legend listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.04) | Revenue Per Share 1.32 |
The market value of Gt Legend Automotive is measured differently than its book value, which is the value of GTLA that is recorded on the company's balance sheet. Investors also form their own opinion of Gt Legend's value that differs from its market value or its book value, called intrinsic value, which is Gt Legend's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gt Legend's market value can be influenced by many factors that don't directly affect Gt Legend's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gt Legend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gt Legend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gt Legend's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.