Games Workshop Pink Sheet Forecast - Naive Prediction

A naive forecasting model for Games Workshop is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Games Workshop Group 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.

Games Workshop Naive Prediction Price Forecast For the 28th of April

Given 90 days horizon, the Naive Prediction forecasted value of Games Workshop Group on the next trading day is expected to be 114.95 with a mean absolute deviation of 1.92, mean absolute percentage error of 5.66, and the sum of the absolute errors of 118.92.

Games Workshop Pink Sheet Forecast Pattern

Backtest Games Workshop

Games Workshop Price Prediction

Buy or Sell Advice

Games Workshop Forecasted Value

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 Games Workshop pink sheet data series using in forecasting. Note that when a statistical model is used to represent Games Workshop 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. This model is not at all useful as a medium-long range forecasting tool of Games Workshop Group. 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 Games Workshop. 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 Games Workshop

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Games Workshop Group. 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.

Hype Prediction Low Estimated High 116.51 118.31 120.11 Details

Intrinsic Valuation Low Real High 97.58 99.38 130.14 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Games Workshop. Your research has to be compared to or analyzed against Games Workshop's peers to derive any actionable benefits. When done correctly, Games Workshop'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 Games Workshop Group.

Other Forecasting Options for Games Workshop

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

Games Workshop Related Equities

Risk & Return

Correlation

Games Workshop Group 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 Games Workshop'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 Games Workshop's current price.

Games Workshop Market Strength Events

Games Workshop Risk Indicators

Complementary Tools for Games Pink Sheet analysis

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Games Workshop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Games Workshop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Games Workshop'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.