GEE Stock Forecast - Naive Prediction
| JOB Stock | USD 0.26 0.01 4.00% |
The Naive Prediction forecasted value of GEE Group on the next trading day is expected to be 0.25 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.32. GEE Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GEE stock prices and determine the direction of GEE Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of GEE's historical fundamentals, such as revenue growth or operating cash flow patterns.
GEE |
GEE Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the GEE's financial statements to predict how it will affect future prices.
Cash | First Reported 1985-09-30 | Previous Quarter 21.2 M | Current Value 19.6 M | Quarterly Volatility 5.1 M |
GEE Naive Prediction Price Forecast For the 28th of November
Given 90 days horizon, the Naive Prediction forecasted value of GEE Group on the next trading day is expected to be 0.25 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000049, and the sum of the absolute errors of 0.32.Please note that although there have been many attempts to predict GEE 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 GEE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
GEE Stock Forecast Pattern
| Backtest GEE | GEE Price Prediction | Buy or Sell Advice |
GEE Forecasted Value
In the context of forecasting GEE'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. GEE's downside and upside margins for the forecasting period are 0 and 3.34, respectively. We have considered GEE'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 GEE stock data series using in forecasting. Note that when a statistical model is used to represent GEE 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 | 108.1918 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0052 |
| MAPE | Mean absolute percentage error | 0.0203 |
| SAE | Sum of the absolute errors | 0.3165 |
Predictive Modules for GEE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GEE Group. 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 GEE
For every potential investor in GEE, whether a beginner or expert, GEE's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GEE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GEE. Basic forecasting techniques help filter out the noise by identifying GEE's price trends.GEE 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 GEE stock to make a market-neutral strategy. Peer analysis of GEE could also be used in its relative valuation, which is a method of valuing GEE by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GEE Group 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 GEE'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 GEE's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Volume Indicators |
GEE Market Strength Events
Market strength indicators help investors to evaluate how GEE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GEE shares will generate the highest return on investment. By undertsting and applying GEE stock market strength indicators, traders can identify GEE Group entry and exit signals to maximize returns.
GEE Risk Indicators
The analysis of GEE'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 GEE's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gee 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 | 1.72 | |||
| Standard Deviation | 3.08 | |||
| Variance | 9.46 |
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 GEE Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GEE'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 Gee Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gee Group Stock:Check out Historical Fundamental Analysis of GEE to cross-verify your projections. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Human Resource & Employment Services 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 GEE. If investors know GEE 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 GEE 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 2.447 | Earnings Share (0.20) | Revenue Per Share 1.112 | Quarterly Revenue Growth (0.23) | Return On Assets (0.02) |
The market value of GEE Group is measured differently than its book value, which is the value of GEE that is recorded on the company's balance sheet. Investors also form their own opinion of GEE's value that differs from its market value or its book value, called intrinsic value, which is GEE'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 GEE's market value can be influenced by many factors that don't directly affect GEE'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 GEE's value and its price as these two are different measures arrived at by different means. Investors typically determine if GEE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GEE'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.