Great Eastern Pink Sheet Forecast - Double Exponential Smoothing
| GEHDY Stock | USD 25.85 0.00 0.00% |
The Double Exponential Smoothing forecasted value of Great Eastern Holdings on the next trading day is expected to be 25.85 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.60. Great Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Great Eastern stock prices and determine the direction of Great Eastern Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Great Eastern's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Great Eastern to cross-verify your projections. Great |
Most investors in Great Eastern cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Great Eastern's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Great Eastern's price structures and extracts relationships that further increase the generated results' accuracy.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Great Eastern works best with periods where there are trends or seasonality. Great Eastern Double Exponential Smoothing Price Forecast For the 27th of May
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Great Eastern Holdings on the next trading day is expected to be 25.85 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.01, and the sum of the absolute errors of 0.60.Please note that although there have been many attempts to predict Great 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 Great Eastern's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Great Eastern Pink Sheet Forecast Pattern
| Backtest Great Eastern | Great Eastern Price Prediction | Buy or Sell Advice |
Great Eastern Forecasted Value
In the context of forecasting Great Eastern's 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. Great Eastern's downside and upside margins for the forecasting period are 25.55 and 26.15, respectively. We have considered Great Eastern'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Great Eastern pink sheet data series using in forecasting. Note that when a statistical model is used to represent Great Eastern 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0102 |
| MAD | Mean absolute deviation | 0.0102 |
| MAPE | Mean absolute percentage error | 4.0E-4 |
| SAE | Sum of the absolute errors | 0.6 |
Predictive Modules for Great Eastern
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great Eastern 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 Great Eastern's 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.
Other Forecasting Options for Great Eastern
For every potential investor in Great, whether a beginner or expert, Great Eastern's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Great Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Great. Basic forecasting techniques help filter out the noise by identifying Great Eastern's price trends.Great Eastern 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 Great Eastern pink sheet to make a market-neutral strategy. Peer analysis of Great Eastern could also be used in its relative valuation, which is a method of valuing Great Eastern by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Great Eastern 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 Great Eastern'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 Great Eastern's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Great Eastern Market Strength Events
Market strength indicators help investors to evaluate how Great Eastern 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 Great Eastern shares will generate the highest return on investment. By undertsting and applying Great Eastern pink sheet market strength indicators, traders can identify Great Eastern Holdings entry and exit signals to maximize returns.
Great Eastern Risk Indicators
The analysis of Great Eastern'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 Great Eastern's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting great pink sheet 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 | 0.0709 | |||
| Standard Deviation | 0.2925 | |||
| Variance | 0.0856 |
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.| MSFT | Microsoft | |
| GM | General Motors | |
| CRM | Salesforce |
Check out Historical Fundamental Analysis of Great Eastern to cross-verify your projections. Note that the Great Eastern Holdings information on this page should be used as a complementary analysis to other Great Eastern's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Great Pink Sheet analysis
When running Great Eastern's price analysis, check to measure Great Eastern's 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 Great Eastern is operating at the current time. Most of Great Eastern's value examination focuses on studying past and present price action to predict the probability of Great Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Eastern's price. Additionally, you may evaluate how the addition of Great Eastern to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |