Grupo Herdez Pink Sheet Forecast - Simple Exponential Smoothing
| GUZOF Stock | USD 2.51 0.00 0.00% |
The Simple Exponential Smoothing forecasted value of Grupo Herdez SAB on the next trading day is expected to be 2.51 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.04. Grupo Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Grupo Herdez stock prices and determine the direction of Grupo Herdez SAB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Grupo Herdez's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Grupo Herdez to cross-verify your projections. Grupo |
Most investors in Grupo Herdez 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 Grupo Herdez's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Grupo Herdez's price structures and extracts relationships that further increase the generated results' accuracy.
Grupo Herdez simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Grupo Herdez SAB are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Grupo Herdez SAB prices get older. Grupo Herdez Simple Exponential Smoothing Price Forecast For the 24th of April
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Grupo Herdez SAB on the next trading day is expected to be 2.51 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.04.Please note that although there have been many attempts to predict Grupo 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 Grupo Herdez's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Grupo Herdez Pink Sheet Forecast Pattern
| Backtest Grupo Herdez | Grupo Herdez Price Prediction | Buy or Sell Advice |
Grupo Herdez Forecasted Value
In the context of forecasting Grupo Herdez'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. Grupo Herdez's downside and upside margins for the forecasting period are 0.56 and 4.46, respectively. We have considered Grupo Herdez'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Grupo Herdez pink sheet data series using in forecasting. Note that when a statistical model is used to represent Grupo Herdez 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.| AIC | Akaike Information Criteria | 110.3075 |
| Bias | Arithmetic mean of the errors | 3.0E-4 |
| MAD | Mean absolute deviation | 0.0173 |
| MAPE | Mean absolute percentage error | 0.0066 |
| SAE | Sum of the absolute errors | 1.04 |
Predictive Modules for Grupo Herdez
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grupo Herdez SAB. 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 Grupo Herdez'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.
Other Forecasting Options for Grupo Herdez
For every potential investor in Grupo, whether a beginner or expert, Grupo Herdez's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Grupo Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Grupo. Basic forecasting techniques help filter out the noise by identifying Grupo Herdez's price trends.Grupo Herdez 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 Grupo Herdez pink sheet to make a market-neutral strategy. Peer analysis of Grupo Herdez could also be used in its relative valuation, which is a method of valuing Grupo Herdez by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Grupo Herdez SAB 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 Grupo Herdez'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 Grupo Herdez's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Grupo Herdez Market Strength Events
Market strength indicators help investors to evaluate how Grupo Herdez 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 Grupo Herdez shares will generate the highest return on investment. By undertsting and applying Grupo Herdez pink sheet market strength indicators, traders can identify Grupo Herdez SAB entry and exit signals to maximize returns.
Grupo Herdez Risk Indicators
The analysis of Grupo Herdez's 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 Grupo Herdez's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grupo pink sheet 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 | 0.6099 | |||
| Semi Deviation | 1.17 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.57 | |||
| Downside Variance | 11.69 | |||
| Semi Variance | 1.36 | |||
| Expected Short fall | (4.03) |
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.
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 Grupo Herdez 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, Grupo Herdez's short interest history, or implied volatility extrapolated from Grupo Herdez options trading.
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 Historical Fundamental Analysis of Grupo Herdez to cross-verify your projections. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Grupo Pink Sheet analysis
When running Grupo Herdez's price analysis, check to measure Grupo Herdez'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 Grupo Herdez is operating at the current time. Most of Grupo Herdez's value examination focuses on studying past and present price action to predict the probability of Grupo Herdez's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Herdez's price. Additionally, you may evaluate how the addition of Grupo Herdez to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |