Gamco Investors Stock Forecast - Naive Prediction
| GBLDelisted Stock | USD 16.00 0.34 2.17% |
The Naive Prediction forecasted value of Gamco Investors on the next trading day is expected to be 16.10 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.90. Gamco Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gamco Investors stock prices and determine the direction of Gamco Investors's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gamco Investors' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Gamco |
Most investors in Gamco Investors 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 Gamco Investors' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Gamco Investors' price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Gamco Investors is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Gamco Investors 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. Gamco Investors Naive Prediction Price Forecast For the 20th of April
Given 90 days horizon, the Naive Prediction forecasted value of Gamco Investors on the next trading day is expected to be 16.10 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.41, and the sum of the absolute errors of 28.90.Please note that although there have been many attempts to predict Gamco 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 Gamco Investors' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gamco Investors Stock Forecast Pattern
| Backtest Gamco Investors | Gamco Investors Price Prediction | Buy or Sell Advice |
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 Gamco Investors stock data series using in forecasting. Note that when a statistical model is used to represent Gamco Investors 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.| AIC | Akaike Information Criteria | 117.2135 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4738 |
| MAPE | Mean absolute percentage error | 0.0288 |
| SAE | Sum of the absolute errors | 28.9042 |
Predictive Modules for Gamco Investors
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gamco Investors. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gamco Investors' 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.
Gamco Investors 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 Gamco Investors stock to make a market-neutral strategy. Peer analysis of Gamco Investors could also be used in its relative valuation, which is a method of valuing Gamco Investors by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gamco Investors Market Strength Events
Market strength indicators help investors to evaluate how Gamco Investors stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gamco Investors shares will generate the highest return on investment. By undertsting and applying Gamco Investors stock market strength indicators, traders can identify Gamco Investors entry and exit signals to maximize returns.
Gamco Investors Risk Indicators
The analysis of Gamco Investors' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Gamco Investors' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gamco stock prices, 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.
| Mean Deviation | 2.32 | |||
| Standard Deviation | 3.17 | |||
| Variance | 10.06 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Gamco Investors information on this page should be used as a complementary analysis to other Gamco Investors' 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Consideration for investing in Gamco Stock
If you are still planning to invest in Gamco Investors check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Gamco Investors' history and understand the potential risks before investing.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Positions Ratings 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 | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |