Golden Ventures Stock Forecast - Naive Prediction
| GVREIT Stock | THB 6.85 0.15 2.24% |
The Naive Prediction forecasted value of Golden Ventures Leasehold on the next trading day is expected to be 7.10 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.24. Golden Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Golden Ventures stock prices and determine the direction of Golden Ventures Leasehold's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Golden Ventures' historical fundamentals, such as revenue growth or operating cash flow patterns.
Golden |
Golden Ventures Naive Prediction Price Forecast For the 1st of December
Given 90 days horizon, the Naive Prediction forecasted value of Golden Ventures Leasehold on the next trading day is expected to be 7.10 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.24.Please note that although there have been many attempts to predict Golden 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 Golden Ventures' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Golden Ventures Stock Forecast Pattern
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Golden Ventures Forecasted Value
In the context of forecasting Golden Ventures' 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. Golden Ventures' downside and upside margins for the forecasting period are 5.08 and 9.12, respectively. We have considered Golden Ventures' 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 Golden Ventures stock data series using in forecasting. Note that when a statistical model is used to represent Golden Ventures 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 | 116.0221 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1168 |
| MAPE | Mean absolute percentage error | 0.0178 |
| SAE | Sum of the absolute errors | 7.2443 |
Predictive Modules for Golden Ventures
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golden Ventures Leasehold. 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 Golden Ventures
For every potential investor in Golden, whether a beginner or expert, Golden Ventures' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Golden Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Golden. Basic forecasting techniques help filter out the noise by identifying Golden Ventures' price trends.Golden Ventures 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 Golden Ventures stock to make a market-neutral strategy. Peer analysis of Golden Ventures could also be used in its relative valuation, which is a method of valuing Golden Ventures by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Golden Ventures Leasehold 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 Golden Ventures' 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 Golden Ventures' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Golden Ventures Market Strength Events
Market strength indicators help investors to evaluate how Golden Ventures stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Ventures shares will generate the highest return on investment. By undertsting and applying Golden Ventures stock market strength indicators, traders can identify Golden Ventures Leasehold entry and exit signals to maximize returns.
Golden Ventures Risk Indicators
The analysis of Golden Ventures' 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 Golden Ventures' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting golden 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 | 1.41 | |||
| Semi Deviation | 1.43 | |||
| Standard Deviation | 2.0 | |||
| Variance | 4.0 | |||
| Downside Variance | 6.33 | |||
| Semi Variance | 2.06 | |||
| Expected Short fall | (2.00) |
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.
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Golden Ventures financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden Ventures security.