GREE Pink Sheet Forecast - Naive Prediction

GREZF Stock  USD 6.20  0.00  0.00%   
The Naive Prediction forecasted value of GREE Inc on the next trading day is expected to be 6.20 with a mean absolute deviation of  0  and the sum of the absolute errors of 0. GREE Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GREE stock prices and determine the direction of GREE Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of GREE's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of GREE to cross-verify your projections.
  
Most investors in GREE 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 GREE's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets GREE's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for GREE is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of GREE Inc value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

GREE Naive Prediction Price Forecast For the 18th of April 2024

Given 90 days horizon, the Naive Prediction forecasted value of GREE Inc on the next trading day is expected to be 6.20 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 GREE 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 GREE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

GREE Pink Sheet Forecast Pattern

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GREE Forecasted Value

In the context of forecasting GREE'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. GREE's downside and upside margins for the forecasting period are 6.20 and 6.20, respectively. We have considered GREE'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
6.20
6.20
Expected Value
6.20
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of GREE pink sheet data series using in forecasting. Note that when a statistical model is used to represent GREE 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 Criteria54.298
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of GREE Inc. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict GREE. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for GREE

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GREE Inc. 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 GREE'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
0.000.000.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GREE. Your research has to be compared to or analyzed against GREE's peers to derive any actionable benefits. When done correctly, GREE'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 GREE Inc.

Other Forecasting Options for GREE

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

View GREE Related Equities

 Risk & Return  Correlation

GREE Inc 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 GREE'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 GREE's current price.

GREE Market Strength Events

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

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Check out Historical Fundamental Analysis of GREE to cross-verify your projections.
Note that the GREE Inc information on this page should be used as a complementary analysis to other GREE'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 Global Correlations module to find global opportunities by holding instruments from different markets.

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