Galecto Stock Forecast - 4 Period Moving Average
| GLTO Stock | USD 25.76 3.82 12.91% |
Galecto Stock outlook is based on your current time horizon. Although Galecto's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Galecto's systematic risk associated with finding meaningful patterns of Galecto fundamentals over time.
As of today, The RSI of Galecto's share price is at 55. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Galecto, making its price go up or down. Momentum 55
Impartial
Oversold | Overbought |
EPS Estimate Current Year (1.04) | EPS Estimate Next Year (1.56) | Wall Street Target Price 32 | EPS Estimate Current Quarter (2.82) |
Using Galecto hype-based prediction, you can estimate the value of Galecto from the perspective of Galecto response to recently generated media hype and the effects of current headlines on its competitors.
The 4 Period Moving Average forecasted value of Galecto on the next trading day is expected to be 26.71 with a mean absolute deviation of 3.29 and the sum of the absolute errors of 187.25. Galecto after-hype prediction price | USD 25.76 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Galecto to cross-verify your projections. Galecto Additional Predictive Modules
Most predictive techniques to examine Galecto price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Galecto using various technical indicators. When you analyze Galecto 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Galecto 4 Period Moving Average Price Forecast For the 27th of January
Given 90 days horizon, the 4 Period Moving Average forecasted value of Galecto on the next trading day is expected to be 26.71 with a mean absolute deviation of 3.29, mean absolute percentage error of 19.63, and the sum of the absolute errors of 187.25.Please note that although there have been many attempts to predict Galecto 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 Galecto's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Galecto Stock Forecast Pattern
| Backtest Galecto | Galecto Price Prediction | Buy or Sell Advice |
Galecto Forecasted Value
In the context of forecasting Galecto's Stock 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. Galecto's downside and upside margins for the forecasting period are 0.26 and 59.87, respectively. We have considered Galecto'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Galecto stock data series using in forecasting. Note that when a statistical model is used to represent Galecto 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 | 113.7362 |
| Bias | Arithmetic mean of the errors | -0.8355 |
| MAD | Mean absolute deviation | 3.285 |
| MAPE | Mean absolute percentage error | 0.1498 |
| SAE | Sum of the absolute errors | 187.2475 |
Predictive Modules for Galecto
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Galecto. 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 Galecto'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.
Galecto After-Hype Price Density Analysis
As far as predicting the price of Galecto 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 Galecto 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 Stock prices, such as prices of Galecto, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Galecto Estimiated After-Hype Price Volatility
In the context of predicting Galecto's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Galecto's historical news coverage. Galecto's after-hype downside and upside margins for the prediction period are 1.29 and 58.66, respectively. We have considered Galecto'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
Galecto is risky at this time. Analysis and calculation of next after-hype price of Galecto is based on 3 months time horizon.
Galecto Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Galecto is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Galecto 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 Stock 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 Galecto, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
4.56 | 33.16 | 2.55 | 0.69 | 9 Events / Month | 6 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
25.76 | 25.76 | 0.00 |
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Galecto Hype Timeline
Galecto is currently traded for 25.76. The entity has historical hype elasticity of -2.55, and average elasticity to hype of competition of -0.69. Galecto is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 4.56%. %. The volatility of related hype on Galecto is about 21960.26%, with the expected price after the next announcement by competition of 25.07. About 13.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 12.11. Galecto had not issued any dividends in recent years. The entity had 1:25 split on the 30th of August 2024. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days. Check out Historical Fundamental Analysis of Galecto to cross-verify your projections.Galecto Related Hype Analysis
Having access to credible news sources related to Galecto's direct competition is more important than ever and may enhance your ability to predict Galecto's future price movements. Getting to know how Galecto'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 Galecto may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RNAZ | Transcode Therapeutics | 0.62 | 7 per month | 0.00 | (0.11) | 7.42 | (8.21) | 29.47 | |
| PHIO | Phio Pharmaceuticals Corp | (0.02) | 8 per month | 0.00 | (0.24) | 4.88 | (9.27) | 19.15 | |
| APRE | Aprea Therapeutics | (0.02) | 10 per month | 0.00 | (0.27) | 4.40 | (8.40) | 17.87 | |
| KPRX | Kiora Pharmaceuticals | (0.04) | 6 per month | 0.00 | (0.08) | 5.32 | (6.25) | 21.80 | |
| INAB | In8bio Inc | (0.03) | 8 per month | 4.77 | 0.05 | 14.29 | (9.18) | 37.96 | |
| ACXP | Acurx Pharmaceuticals LLC | (0.01) | 29 per month | 0.00 | (0.17) | 10.84 | (9.84) | 49.19 | |
| APVO | Aptevo Therapeutics | (1.44) | 6 per month | 0.00 | (0.25) | 7.81 | (9.42) | 45.42 | |
| LYRA | Lyra Therapeutics | (0.50) | 3 per month | 0.00 | (0.19) | 7.51 | (9.00) | 66.89 | |
| ADIL | Adial Pharmaceuticals | (0.01) | 8 per month | 0.00 | (0.18) | 5.56 | (6.25) | 16.67 | |
| BCDA | Biocardia | (0.06) | 8 per month | 0.00 | (0.04) | 5.93 | (5.76) | 21.46 |
Other Forecasting Options for Galecto
For every potential investor in Galecto, whether a beginner or expert, Galecto's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Galecto Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Galecto. Basic forecasting techniques help filter out the noise by identifying Galecto's price trends.Galecto 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 Galecto stock to make a market-neutral strategy. Peer analysis of Galecto could also be used in its relative valuation, which is a method of valuing Galecto by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Galecto Market Strength Events
Market strength indicators help investors to evaluate how Galecto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Galecto shares will generate the highest return on investment. By undertsting and applying Galecto stock market strength indicators, traders can identify Galecto entry and exit signals to maximize returns.
Galecto Risk Indicators
The analysis of Galecto'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 Galecto's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting galecto 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 | 11.36 | |||
| Semi Deviation | 7.44 | |||
| Standard Deviation | 32.03 | |||
| Variance | 1025.78 | |||
| Downside Variance | 80.25 | |||
| Semi Variance | 55.42 | |||
| Expected Short fall | (14.81) |
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 Galecto
The number of cover stories for Galecto depends on current market conditions and Galecto's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Galecto 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 Galecto's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Galecto Short Properties
Galecto's future price predictability will typically decrease when Galecto's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Galecto often depends not only on the future outlook of the potential Galecto'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. Galecto's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 M | |
| Cash And Short Term Investments | 14.2 M |
Check out Historical Fundamental Analysis of Galecto to cross-verify your projections. To learn how to invest in Galecto Stock, please use our How to Invest in Galecto guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Galecto. If investors know Galecto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Galecto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Galecto is measured differently than its book value, which is the value of Galecto that is recorded on the company's balance sheet. Investors also form their own opinion of Galecto's value that differs from its market value or its book value, called intrinsic value, which is Galecto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Galecto's market value can be influenced by many factors that don't directly affect Galecto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Galecto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galecto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galecto'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.