GTL INFRASTRUCTURE Stock Forecast - Naive Prediction

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GTLINFRA -- India Stock  

INR 0.89  0.04  4.71%

GTL INFRASTRUCTURE Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GTL INFRASTRUCTURE historical stock prices and determine the direction of GTL INFRASTRUCTURE LTD'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 GTL INFRASTRUCTURE historical fundamentals such as revenue growth or operating cash flow patterns. Please check Historical Fundamental Analysis of GTL INFRASTRUCTURE to cross-verify your projections.

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A naive forecasting model for GTL INFRASTRUCTURE is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of GTL INFRASTRUCTURE LTD 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.

GTL INFRASTRUCTURE Naive Prediction Price Forecast For the 8th of July

Given 30 days horizon, the forecasted value of GTL INFRASTRUCTURE LTD on the next trading day is expected to be  0.93  with a mean absolute deviation of  0.008324 , mean absolute percentage error of  0.0000987 , and the sum of the absolute errors of  0.51 
 0.93 

GTL INFRASTRUCTURE Stock Forecast Pattern

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GTL INFRASTRUCTURE Forecasted Value

Market Value
0.89
7th of July 2020
0.0089
Downside
0.93
Expected Value
3.96
Upside

Model Predictive Factors

AICAkaike Information Criteria108.8871
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0083
MAPEMean absolute percentage error0.0238
SAESum of the absolute errors0.5078
This model is not at all useful as a medium-long range forecasting tool of GTL INFRASTRUCTURE LTD. 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 GTL INFRASTRUCTURE. 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 GTL INFRASTRUCTURE

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GTL INFRASTRUCTURE LTD. 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.
Hype
Prediction
LowEstimated ValueHigh
0.040.893.93
Details
Intrinsic
Valuation
LowReal ValueHigh
0.030.613.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.160.530.90
Details

Other Forecasting Options for GTL INFRASTRUCTURE

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GTL INFRASTRUCTURE LTD Technical and Predictive Analytics

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GTL INFRASTRUCTURE Risk Indicators

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Please check Historical Fundamental Analysis of GTL INFRASTRUCTURE to cross-verify your projections. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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