Great Eastern Pink Sheet Forecast - 8 Period Moving Average

GEHDY Stock  USD 25.25  0.60  2.32%   
The 8 Period Moving Average forecasted value of Great Eastern Holdings on the next trading day is expected to be 25.25 with a mean absolute deviation of  0.00  and the sum of the absolute errors of 0.00. 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.
  
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.
An 8-period moving average forecast model for Great Eastern is based on an artificially constructed time series of Great Eastern daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Great Eastern 8 Period Moving Average Price Forecast For the 3rd of May

Given 90 days horizon, the 8 Period Moving Average forecasted value of Great Eastern Holdings on the next trading day is expected to be 25.25 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
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

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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 25.25 and 25.25, 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.
Market Value
25.25
25.25
Expected Value
25.25
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average 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.
AICAkaike Information Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Great Eastern Holdings 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

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.
Hype
Prediction
LowEstimatedHigh
25.2525.2525.25
Details
Intrinsic
Valuation
LowRealHigh
25.2525.2525.25
Details
Bollinger
Band Projection (param)
LowMiddleHigh
25.2525.2525.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Great Eastern. Your research has to be compared to or analyzed against Great Eastern's peers to derive any actionable benefits. When done correctly, Great Eastern'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 Great Eastern Holdings.

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.

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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Great Eastern in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Great Eastern's short interest history, or implied volatility extrapolated from Great Eastern options trading.

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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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.
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Please note, there is a significant difference between Great Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Eastern'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.