Genel Energy Pink Sheet Forecast - Polynomial Regression

GEGYY Stock  USD 1.18  0.00  0.00%   
The Polynomial Regression forecasted value of Genel Energy PLC on the next trading day is expected to be 1.18 with a mean absolute deviation of  0  and the sum of the absolute errors of 0. Genel Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Genel Energy stock prices and determine the direction of Genel Energy PLC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Genel Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Genel Energy to cross-verify your projections.
  
Most investors in Genel Energy 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 Genel Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Genel Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Genel Energy polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Genel Energy PLC as well as the accuracy indicators are determined from the period prices.

Genel Energy Polynomial Regression Price Forecast For the 26th of April

Given 90 days horizon, the Polynomial Regression forecasted value of Genel Energy PLC on the next trading day is expected to be 1.18 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 Genel 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 Genel Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Genel Energy Pink Sheet Forecast Pattern

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Genel Energy Forecasted Value

In the context of forecasting Genel Energy'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. Genel Energy's downside and upside margins for the forecasting period are 1.18 and 1.18, respectively. We have considered Genel 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.
Market Value
1.18
1.18
Expected Value
1.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Genel Energy pink sheet data series using in forecasting. Note that when a statistical model is used to represent Genel Energy 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 Criteria50.9069
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
A single variable polynomial regression model attempts to put a curve through the Genel Energy historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Genel 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 Genel Energy PLC. 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 Genel Energy'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
1.181.181.18
Details
Intrinsic
Valuation
LowRealHigh
1.181.181.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Genel Energy. Your research has to be compared to or analyzed against Genel Energy's peers to derive any actionable benefits. When done correctly, Genel Energy'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 Genel Energy PLC.

Other Forecasting Options for Genel Energy

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

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

Genel Energy PLC 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 Genel 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 Genel Energy's current price.

Genel Energy Market Strength Events

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

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Check out Historical Fundamental Analysis of Genel Energy to cross-verify your projections.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Genel Energy's price analysis, check to measure Genel Energy'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 Genel Energy is operating at the current time. Most of Genel Energy's value examination focuses on studying past and present price action to predict the probability of Genel Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genel Energy's price. Additionally, you may evaluate how the addition of Genel Energy to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Genel Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genel Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genel Energy'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.