GUD Holdings Pink Sheet Forecast - Simple Regression

GUDDY Stock  USD 11.44  0.00  0.00%   
The Simple Regression forecasted value of GUD Holdings Ltd on the next trading day is expected to be 11.44 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. GUD Pink Sheet Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through GUD Holdings price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

GUD Holdings Simple Regression Price Forecast For the 1st of December

Given 90 days horizon, the Simple Regression forecasted value of GUD Holdings Ltd on the next trading day is expected to be 11.44 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 GUD Pink Sheet 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 GUD Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

GUD Holdings Pink Sheet Forecast Pattern

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GUD Holdings Forecasted Value

In the context of forecasting GUD Holdings' Pink Sheet 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. GUD Holdings' downside and upside margins for the forecasting period are 11.44 and 11.44, respectively. We have considered GUD Holdings' 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.
Market Value
11.44
11.44
Expected Value
11.44
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of GUD Holdings pink sheet data series using in forecasting. Note that when a statistical model is used to represent GUD Holdings pink sheet, 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.
AICAkaike Information Criteria55.7515
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as GUD Holdings Ltd historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for GUD Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GUD Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GUD Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
11.4411.4411.44
Details
Intrinsic
Valuation
LowRealHigh
11.4411.4411.44
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.4411.4411.44
Details

Other Forecasting Options for GUD Holdings

For every potential investor in GUD, whether a beginner or expert, GUD Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GUD Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GUD. Basic forecasting techniques help filter out the noise by identifying GUD Holdings' price trends.

GUD Holdings 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 GUD Holdings pink sheet to make a market-neutral strategy. Peer analysis of GUD Holdings could also be used in its relative valuation, which is a method of valuing GUD Holdings by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

GUD Holdings Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of GUD Holdings' 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 GUD Holdings' current price.

GUD Holdings Market Strength Events

Market strength indicators help investors to evaluate how GUD Holdings pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GUD Holdings shares will generate the highest return on investment. By undertsting and applying GUD Holdings pink sheet market strength indicators, traders can identify GUD Holdings Ltd entry and exit signals to maximize returns.

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.

Additional Tools for GUD Pink Sheet Analysis

When running GUD Holdings' price analysis, check to measure GUD Holdings' 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 GUD Holdings is operating at the current time. Most of GUD Holdings' value examination focuses on studying past and present price action to predict the probability of GUD Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GUD Holdings' price. Additionally, you may evaluate how the addition of GUD Holdings to your portfolios can decrease your overall portfolio volatility.