Gulf Energy Stock Forecast - Simple Exponential Smoothing
| GULF Stock | THB 60.50 1.75 2.81% |
The Simple Exponential Smoothing forecasted value of Gulf Energy Development on the next trading day is expected to be 60.50 with a mean absolute deviation of 0.86 and the sum of the absolute errors of 51.50. Gulf Stock Forecast is based on your current time horizon.
Gulf |
Gulf Energy Simple Exponential Smoothing Price Forecast For the 3rd of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Gulf Energy Development on the next trading day is expected to be 60.50 with a mean absolute deviation of 0.86, mean absolute percentage error of 1.41, and the sum of the absolute errors of 51.50.Please note that although there have been many attempts to predict Gulf 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 Gulf Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gulf Energy Stock Forecast Pattern
| Backtest Gulf Energy | Gulf Energy Price Prediction | Buy or Sell Advice |
Gulf Energy Forecasted Value
In the context of forecasting Gulf Energy'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. Gulf Energy's downside and upside margins for the forecasting period are 58.53 and 62.47, respectively. We have considered Gulf Energy'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Gulf Energy stock data series using in forecasting. Note that when a statistical model is used to represent Gulf Energy 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 | 116.618 |
| Bias | Arithmetic mean of the errors | -0.1167 |
| MAD | Mean absolute deviation | 0.8583 |
| MAPE | Mean absolute percentage error | 0.0139 |
| SAE | Sum of the absolute errors | 51.5 |
Predictive Modules for Gulf Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gulf Energy Development. 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 Gulf Energy
For every potential investor in Gulf, whether a beginner or expert, Gulf Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gulf Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gulf. Basic forecasting techniques help filter out the noise by identifying Gulf Energy's price trends.Gulf Energy 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 Gulf Energy stock to make a market-neutral strategy. Peer analysis of Gulf Energy could also be used in its relative valuation, which is a method of valuing Gulf Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gulf Energy Development 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 Gulf Energy'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 Gulf Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Gulf Energy Market Strength Events
Market strength indicators help investors to evaluate how Gulf Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gulf Energy shares will generate the highest return on investment. By undertsting and applying Gulf Energy stock market strength indicators, traders can identify Gulf Energy Development entry and exit signals to maximize returns.
Gulf Energy Risk Indicators
The analysis of Gulf Energy'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 Gulf Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gulf 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 | 1.38 | |||
| Semi Deviation | 1.47 | |||
| Standard Deviation | 1.93 | |||
| Variance | 3.71 | |||
| Downside Variance | 3.08 | |||
| Semi Variance | 2.17 | |||
| Expected Short fall | (1.74) |
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.
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Gulf Energy financial ratios help investors to determine whether Gulf Stock 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 Gulf with respect to the benefits of owning Gulf Energy security.