Glanbia PLC Pink Sheet Forward View - Double Exponential Smoothing
| GLAPY Stock | USD 98.24 1.50 1.55% |
Glanbia PLC ADR's Double Exponential Smoothing reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use.
The Double Exponential Smoothing forecasted value of Glanbia PLC ADR on the next trading day is expected to be 98.24 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 20.49.When Glanbia PLC ADR 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 Glanbia PLC ADR 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 Glanbia PLC observations are given relatively more weight in forecasting than the older observations. All Double Exponential Smoothing forecast figures shown for Glanbia PLC ADR are reference data reflecting model output based on available historical prices. Double Exponential Smoothing Price Forecast For the 24th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Glanbia PLC ADR on the next trading day is expected to be 98.24 with a mean absolute deviation of 0.35 , mean absolute percentage error of 2.09 , and the sum of the absolute errors of 20.49 .Please note that although there have been many attempts to predict Glanbia Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Glanbia PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
| Backtest Glanbia PLC | Glanbia PLC Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Glanbia PLC ADR uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 96.63 and upside near 99.85.
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 Glanbia PLC pink sheet data series using in forecasting. Note that when a statistical model is used to represent Glanbia PLC 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.1995 |
| MAD | Mean absolute deviation | 0.3473 |
| MAPE | Mean absolute percentage error | 0.0036 |
| SAE | Sum of the absolute errors | 20.49 |
Other Forecasting Options for Glanbia PLC
Bollinger Bands applied to Glanbia Pink Sheet price data measure how far Glanbia has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Glanbia PLC's price data.Glanbia PLC Related Equities
These firms work in a similar space as Glanbia PLC within the Packaged Foods space and serve as useful points for comparison. Return on equity across these peers shows how well each firm turns capital into profit.
| Risk & Return | Correlation |
Glanbia PLC Market Strength Events
For investors tracking Glanbia PLC ADR, market strength indicators offer quantitative evaluation of pink sheet behavior. By using these indicators, traders can make more informed decisions about when to buy or sell Glanbia PLC ADR.
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 98.24 | |||
| Day Typical Price | 98.24 | |||
| Price Action Indicator | 0.75 | |||
| Period Momentum Indicator | 1.5 | |||
| Relative Strength Index | 76.35 |
Glanbia PLC Risk Indicators
Analyzing Glanbia PLC's basic risk indicators provides investors with a structured view of the risk-return trade-off for glanbia pink sheet. By identifying the level of risk embedded in Glanbia PLC's investment, investors can make informed decisions about position sizing.
| Mean Deviation | 0.4976 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.37 |
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 Glanbia PLC
Coverage intensity for Glanbia PLC ADR matters because narrative visibility can influence sentiment, participation, and volatility around the name. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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Glanbia PLC Short Properties
Reviewing short-oriented indicators for Glanbia PLC ADR is useful because long and short participants often create very different signals for timing and volatility. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 58.2 M | |
| Cash And Short Term Investments | 231 M |
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Other Information on Investing in Glanbia Pink Sheet
Financial ratios highlight how financial values interact within Glanbia PLC. Values are based on the latest available financial disclosures and shown as reference data.