Green Globe Pink Sheet Forecast - 4 Period Moving Average

GGII Stock  USD 0.0004  0.0001  33.33%   
The 4 Period Moving Average forecasted value of Green Globe International on the next trading day is expected to be 0.0004 with a mean absolute deviation of 0.000036 and the sum of the absolute errors of 0. Green Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Green Globe's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Green Globe International is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Green Globe 4 Period Moving Average Price Forecast For the 14th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of Green Globe International on the next trading day is expected to be 0.0004 with a mean absolute deviation of 0.000036, 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 Green 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 Green Globe's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Green Globe Pink Sheet Forecast Pattern

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Green Globe Forecasted Value

In the context of forecasting Green Globe'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. Green Globe's downside and upside margins for the forecasting period are 0.000004 and 17.33, respectively. We have considered Green Globe'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.
Market Value
0.0004
0.000004
Downside
0.0004
Expected Value
17.33
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Green Globe pink sheet data series using in forecasting. Note that when a statistical model is used to represent Green Globe 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 Criteria91.4171
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0874
SAESum of the absolute errors0.002
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Green Globe. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Green Globe International and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Green Globe

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Green Globe International. 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.
Hype
Prediction
LowEstimatedHigh
0.000.000417.33
Details
Intrinsic
Valuation
LowRealHigh
0.000.000417.33
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00040.00040.0004
Details

Other Forecasting Options for Green Globe

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

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

Green Globe International 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 Green Globe'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 Green Globe's current price.

Green Globe Market Strength Events

Market strength indicators help investors to evaluate how Green Globe 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 Green Globe shares will generate the highest return on investment. By undertsting and applying Green Globe pink sheet market strength indicators, traders can identify Green Globe International entry and exit signals to maximize returns.

Green Globe Risk Indicators

The analysis of Green Globe'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 Green Globe's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting green 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.
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.

Currently Active Assets on Macroaxis

Other Information on Investing in Green Pink Sheet

Green Globe financial ratios help investors to determine whether Green Pink Sheet 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 Green with respect to the benefits of owning Green Globe security.