Global Telecom Stock Forecast - 20 Period Moving Average
| GTHE Stock | 4.90 0.00 0.00% |
Global |
Global Telecom 20 Period Moving Average Price Forecast For the 14th of December 2024
Given 90 days horizon, the 20 Period Moving Average forecasted value of Global Telecom Holding on the next trading day is expected to be 4.90 with a mean absolute deviation of 0, 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 Global 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 Global Telecom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Global Telecom Stock Forecast Pattern
Global Telecom Forecasted Value
In the context of forecasting Global Telecom'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. Global Telecom's downside and upside margins for the forecasting period are 4.90 and 4.90, respectively. We have considered Global Telecom'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Global Telecom stock data series using in forecasting. Note that when a statistical model is used to represent Global Telecom 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 | 13.8761 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Global Telecom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Telecom Holding. 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 Global Telecom
For every potential investor in Global, whether a beginner or expert, Global Telecom's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Global Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Global. Basic forecasting techniques help filter out the noise by identifying Global Telecom's price trends.Global Telecom 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 Global Telecom stock to make a market-neutral strategy. Peer analysis of Global Telecom could also be used in its relative valuation, which is a method of valuing Global Telecom by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Global Telecom Holding 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 Global Telecom'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 Global Telecom's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Global Telecom Market Strength Events
Market strength indicators help investors to evaluate how Global Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Telecom shares will generate the highest return on investment. By undertsting and applying Global Telecom stock market strength indicators, traders can identify Global Telecom Holding entry and exit signals to maximize returns.