Greystone Housing Stock Forecast - Naive Prediction

GHI Stock   11.82  0.08  0.68%   
The Naive Prediction forecasted value of Greystone Housing Impact on the next trading day is expected to be 12.24 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.75. Greystone Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Greystone Housing's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Greystone Housing's Fixed Asset Turnover is increasing as compared to previous years. The Greystone Housing's current Asset Turnover is estimated to increase to 0.15, while Inventory Turnover is forecasted to increase to (3.28). . The Greystone Housing's current Common Stock Shares Outstanding is estimated to increase to about 24 M. The Greystone Housing's current Net Income Applicable To Common Shares is estimated to increase to about 80.2 M.

Greystone Housing Cash Forecast

Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Greystone Housing's financial statements, enabling forecasts of their impact on future stock prices.
 
Cash  
First Reported
1998-12-31
Previous Quarter
50.9 M
Current Value
37.4 M
Quarterly Volatility
25.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Greystone Housing is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Greystone Housing Impact value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Greystone Housing Naive Prediction Price Forecast For the 30th of November

Given 90 days horizon, the Naive Prediction forecasted value of Greystone Housing Impact on the next trading day is expected to be 12.24 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.75.
Please note that although there have been many attempts to predict Greystone 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 Greystone Housing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Greystone Housing Stock Forecast Pattern

Backtest Greystone HousingGreystone Housing Price PredictionBuy or Sell Advice 

Greystone Housing Forecasted Value

In the context of forecasting Greystone Housing'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. Greystone Housing's downside and upside margins for the forecasting period are 10.32 and 14.16, respectively. We have considered Greystone Housing'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
11.82
12.24
Expected Value
14.16
Upside

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 Greystone Housing stock data series using in forecasting. Note that when a statistical model is used to represent Greystone Housing 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.
AICAkaike Information Criteria114.9647
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1598
MAPEMean absolute percentage error0.0128
SAESum of the absolute errors9.7453
This model is not at all useful as a medium-long range forecasting tool of Greystone Housing Impact. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Greystone Housing. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Greystone Housing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greystone Housing Impact. 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.
Hype
Prediction
LowEstimatedHigh
9.9111.8213.73
Details
Intrinsic
Valuation
LowRealHigh
10.2712.1814.09
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.0811.8712.66
Details
4 Analysts
Consensus
LowTargetHigh
18.1319.9222.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Greystone Housing. Your research has to be compared to or analyzed against Greystone Housing's peers to derive any actionable benefits. When done correctly, Greystone Housing's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Greystone Housing Impact.

Other Forecasting Options for Greystone Housing

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

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

Greystone Housing Impact 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 Greystone Housing'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 Greystone Housing's current price.

Greystone Housing Market Strength Events

Market strength indicators help investors to evaluate how Greystone Housing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greystone Housing shares will generate the highest return on investment. By undertsting and applying Greystone Housing stock market strength indicators, traders can identify Greystone Housing Impact entry and exit signals to maximize returns.

Greystone Housing Risk Indicators

The analysis of Greystone Housing'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 Greystone Housing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting greystone 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.
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

When determining whether Greystone Housing Impact offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greystone Housing'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 Greystone Housing Impact Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greystone Housing Impact Stock:
Check out Historical Fundamental Analysis of Greystone Housing to cross-verify your projections.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Regional Banks 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 Greystone Housing. If investors know Greystone 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 Greystone Housing 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
(0.78)
Dividend Share
1.475
Earnings Share
0.63
Revenue Per Share
1.49
Quarterly Revenue Growth
(0)
The market value of Greystone Housing Impact is measured differently than its book value, which is the value of Greystone that is recorded on the company's balance sheet. Investors also form their own opinion of Greystone Housing's value that differs from its market value or its book value, called intrinsic value, which is Greystone Housing'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 Greystone Housing's market value can be influenced by many factors that don't directly affect Greystone Housing'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 Greystone Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greystone Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greystone Housing'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.