Gulf Resources Stock Forecast - 20 Period Moving Average
| GURE Stock | USD 0.60 0.03 4.76% |
The 20 Period Moving Average forecasted value of Gulf Resources on the next trading day is expected to be 0.65 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 3.89. Gulf Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gulf Resources stock prices and determine the direction of Gulf Resources's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gulf Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
Gulf |
Gulf Resources 20 Period Moving Average Price Forecast For the 23rd of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Gulf Resources on the next trading day is expected to be 0.65 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.89.Please note that although there have been many attempts to predict Gulf 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 Gulf Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gulf Resources Stock Forecast Pattern
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Gulf Resources Forecasted Value
In the context of forecasting Gulf Resources' 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. Gulf Resources' downside and upside margins for the forecasting period are 0.01 and 5.95, respectively. We have considered Gulf Resources' 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Gulf Resources stock data series using in forecasting. Note that when a statistical model is used to represent Gulf Resources 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 | 78.8924 |
| Bias | Arithmetic mean of the errors | 0.0927 |
| MAD | Mean absolute deviation | 0.0927 |
| MAPE | Mean absolute percentage error | 0.1306 |
| SAE | Sum of the absolute errors | 3.8945 |
Predictive Modules for Gulf Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gulf Resources. 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 Gulf Resources
For every potential investor in Gulf, whether a beginner or expert, Gulf Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gulf Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gulf. Basic forecasting techniques help filter out the noise by identifying Gulf Resources' price trends.Gulf Resources 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 Gulf Resources stock to make a market-neutral strategy. Peer analysis of Gulf Resources could also be used in its relative valuation, which is a method of valuing Gulf Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gulf Resources 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 Gulf Resources' 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 Gulf Resources' current price.| Cycle Indicators | ||
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Gulf Resources Market Strength Events
Market strength indicators help investors to evaluate how Gulf Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gulf Resources shares will generate the highest return on investment. By undertsting and applying Gulf Resources stock market strength indicators, traders can identify Gulf Resources entry and exit signals to maximize returns.
| Accumulation Distribution | 1350.15 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 0.59 | |||
| Day Typical Price | 0.59 | |||
| Period Momentum Indicator | (0.03) | |||
| Relative Strength Index | 39.83 |
Gulf Resources Risk Indicators
The analysis of Gulf Resources' 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 Gulf Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gulf 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 | 3.75 | |||
| Standard Deviation | 5.3 | |||
| Variance | 28.13 |
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.
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 Gulf Resources is a strong investment it is important to analyze Gulf Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gulf Resources' future performance. For an informed investment choice regarding Gulf Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Gulf Resources to cross-verify your projections. For information on how to trade Gulf Stock refer to our How to Trade Gulf Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Commodity Chemicals 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 Gulf Resources. If investors know Gulf 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 Gulf Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.662 | Earnings Share (9.26) | Revenue Per Share 1.552 | Quarterly Revenue Growth (0.70) | Return On Assets (0.13) |
The market value of Gulf Resources is measured differently than its book value, which is the value of Gulf that is recorded on the company's balance sheet. Investors also form their own opinion of Gulf Resources' value that differs from its market value or its book value, called intrinsic value, which is Gulf Resources' 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 Gulf Resources' market value can be influenced by many factors that don't directly affect Gulf Resources' 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 Gulf Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gulf Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gulf Resources' 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.