Goldenwell Biotech Pink Sheet Forward View - Double Exponential Smoothing

GWLL Stock  USD 1.10  0.15  12.00%   
Goldenwell Pink Sheet outlook is based on your current time horizon.
As of now the relative strength index (rsi) of Goldenwell Biotech's share price is below 20 . This usually indicates that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 7

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Goldenwell Biotech's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Goldenwell Biotech and does not consider all of the tangible or intangible factors available from Goldenwell Biotech's fundamental data. We analyze noise-free headlines and recent hype associated with Goldenwell Biotech, which may create opportunities for some arbitrage if properly timed.
Using Goldenwell Biotech hype-based prediction, you can estimate the value of Goldenwell Biotech from the perspective of Goldenwell Biotech response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Goldenwell Biotech on the next trading day is expected to be 0.98 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 13.73.

Goldenwell Biotech after-hype prediction price

    
  USD 1.1  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Goldenwell Biotech to cross-verify your projections.

Goldenwell Biotech Additional Predictive Modules

Most predictive techniques to examine Goldenwell price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Goldenwell using various technical indicators. When you analyze Goldenwell charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Goldenwell Biotech works best with periods where there are trends or seasonality.

Goldenwell Biotech Double Exponential Smoothing Price Forecast For the 30th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Goldenwell Biotech on the next trading day is expected to be 0.98 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.31, and the sum of the absolute errors of 13.73.
Please note that although there have been many attempts to predict Goldenwell 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 Goldenwell Biotech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Goldenwell Biotech Pink Sheet Forecast Pattern

Backtest Goldenwell Biotech  Goldenwell Biotech Price Prediction  Buy or Sell Advice  

Goldenwell Biotech Forecasted Value

In the context of forecasting Goldenwell Biotech'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. Goldenwell Biotech's downside and upside margins for the forecasting period are 0.01 and 12.66, respectively. We have considered Goldenwell Biotech'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
1.10
0.98
Expected Value
12.66
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Goldenwell Biotech pink sheet data series using in forecasting. Note that when a statistical model is used to represent Goldenwell Biotech 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0534
MADMean absolute deviation0.2327
MAPEMean absolute percentage error0.1057
SAESum of the absolute errors13.7293
When Goldenwell Biotech prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Goldenwell Biotech trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Goldenwell Biotech observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Goldenwell Biotech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Goldenwell Biotech. 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
LowEstimatedHigh
0.061.1012.79
Details
Intrinsic
Valuation
LowRealHigh
0.051.0612.75
Details

Goldenwell Biotech After-Hype Price Density Analysis

As far as predicting the price of Goldenwell Biotech at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Goldenwell Biotech or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Goldenwell Biotech, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Goldenwell Biotech Estimiated After-Hype Price Volatility

In the context of predicting Goldenwell Biotech's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Goldenwell Biotech's historical news coverage. Goldenwell Biotech's after-hype downside and upside margins for the prediction period are 0.06 and 12.79, respectively. We have considered Goldenwell Biotech's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
1.10
1.10
After-hype Price
12.79
Upside
Goldenwell Biotech is out of control at this time. Analysis and calculation of next after-hype price of Goldenwell Biotech is based on 3 months time horizon.

Goldenwell Biotech Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Goldenwell Biotech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Goldenwell Biotech backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Goldenwell Biotech, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.98 
11.69
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.10
1.10
0.00 
0.00  
Notes

Goldenwell Biotech Hype Timeline

Goldenwell Biotech is currently traded for 1.10. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Goldenwell is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at -1.98%. %. The volatility of related hype on Goldenwell Biotech is about 0.0%, with the expected price after the next announcement by competition of 1.10. About 63.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in a few days.
Check out Historical Fundamental Analysis of Goldenwell Biotech to cross-verify your projections.

Goldenwell Biotech Related Hype Analysis

Having access to credible news sources related to Goldenwell Biotech's direct competition is more important than ever and may enhance your ability to predict Goldenwell Biotech's future price movements. Getting to know how Goldenwell Biotech's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Goldenwell Biotech may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
GKSDFGrupo KUO SAB 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
RCLFFRCL Foods Limited 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
ZNZNFZinzino AB 0.00 0 per month 2.87  0.08  6.14 (7.08) 29.89 
AUDYFAusnutria Dairy 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
RIDYFRidley Limited 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
SHVTFSelect Harvests 0.00 0 per month 0.00 (0.19) 0.00  0.00  12.24 
PPLFYPerusahaan Perkebunan London 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
ORENFOrigin Enterprises plc 0.00 0 per month 1.20  0.04  2.51 (2.26) 15.38 
ARZTYAryzta AG PK 0.00 0 per month 0.00 (0.01) 0.00  0.00  11.89 
OCGPFOceana Group Limited 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 

Other Forecasting Options for Goldenwell Biotech

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

Goldenwell Biotech 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 Goldenwell Biotech pink sheet to make a market-neutral strategy. Peer analysis of Goldenwell Biotech could also be used in its relative valuation, which is a method of valuing Goldenwell Biotech by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Goldenwell Biotech Market Strength Events

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

Goldenwell Biotech Risk Indicators

The analysis of Goldenwell Biotech'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 Goldenwell Biotech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting goldenwell 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.
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.

Story Coverage note for Goldenwell Biotech

The number of cover stories for Goldenwell Biotech depends on current market conditions and Goldenwell Biotech's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Goldenwell Biotech is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Goldenwell Biotech's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Goldenwell Biotech Short Properties

Goldenwell Biotech's future price predictability will typically decrease when Goldenwell Biotech's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Goldenwell Biotech often depends not only on the future outlook of the potential Goldenwell Biotech's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Goldenwell Biotech's indicators that are reflective of the short sentiment are summarized in the table below.
Float Shares36M
Average Daily Volume In Three Month750

Other Information on Investing in Goldenwell Pink Sheet

Goldenwell Biotech financial ratios help investors to determine whether Goldenwell Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goldenwell with respect to the benefits of owning Goldenwell Biotech security.