Greenway Technologies OTC Stock Forecast - Polynomial Regression

GWTI Stock  USD 0.027  0.003  10.00%   
Greenway OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Greenway Technologies stock prices and determine the direction of Greenway Technologies's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Greenway Technologies historical fundamentals such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Greenway Technologies to cross-verify your projections.
  
Most investors in Greenway Technologies 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 Greenway Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Greenway Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
Greenway Technologies polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Greenway Technologies as well as the accuracy indicators are determined from the period prices.

Greenway Technologies Polynomial Regression Price Forecast For the 1st of December

Given 90 days horizon, the Polynomial Regression forecasted value of Greenway Technologies on the next trading day is expected to be 0.026405 with a mean absolute deviation of 0.002802, mean absolute percentage error of 0.00001432, and the sum of the absolute errors of 0.17.
Please note that although there have been many attempts to predict Greenway OTC 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 Greenway Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Greenway Technologies OTC Stock Forecast Pattern

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Greenway Technologies Forecasted Value

In the context of forecasting Greenway Technologies' OTC 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. Greenway Technologies' downside and upside margins for the forecasting period are 0.00027 and 25.25, respectively. We have considered Greenway Technologies' 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 0.027
0.00027
Downside
0.026405
Expected Value
25.25
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 Greenway Technologies otc stock data series using in forecasting. Note that when a statistical model is used to represent Greenway Technologies otc 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 Criteria106.9568
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0028
MAPEMean absolute percentage error0.2049
SAESum of the absolute errors0.1709
A single variable polynomial regression model attempts to put a curve through the Greenway Technologies 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 Greenway Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greenway Technologies. Regardless of method or technology, however, to accurately forecast the stock or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Greenway Technologies' 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. Please use the tools below to analyze the current value of Greenway Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.000.0325.25
Details
Intrinsic
Valuation
LowRealHigh
0.000.02064325.24
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.0289190.0298580.030798
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Greenway Technologies. Your research has to be compared to or analyzed against Greenway Technologies' peers to derive any actionable benefits. When done correctly, Greenway Technologies' 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 Greenway Technologies.

Other Forecasting Options for Greenway Technologies

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

Greenway Technologies 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 Greenway Technologies otc stock to make a market-neutral strategy. Peer analysis of Greenway Technologies could also be used in its relative valuation, which is a method of valuing Greenway Technologies by comparing valuation metrics with similar companies.
PT Bumi ResourcesHealthier ChoicesChina Construction BankPT Bank RakyatPT Bank CentralChain Bridge IPalantir TechnologiesIncAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron Corp
 Risk & Return  Correlation

Greenway Technologies 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 Greenway Technologies' 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 Greenway Technologies' current price.

Greenway Technologies Market Strength Events

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

Greenway Technologies Risk Indicators

The analysis of Greenway Technologies' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Greenway Technologies' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Greenway Technologies stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Greenway Technologies 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, Greenway Technologies' short interest history, or implied volatility extrapolated from Greenway Technologies options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Greenway Technologies using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out Historical Fundamental Analysis of Greenway Technologies to cross-verify your projections.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Greenway OTC Stock analysis

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