Great Pacific Stock Forward View

GPAC Stock   0.61  0.02  3.39%   
Great Stock outlook is based on your current time horizon.
The relative strength indicator of Great Pacific's stock price is slightly above 63. This usually indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Great, making its price go up or down.

Momentum 63

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Great Pacific'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 Great Pacific and does not consider all of the tangible or intangible factors available from Great Pacific's fundamental data. We analyze noise-free headlines and recent hype associated with Great Pacific Gold, which may create opportunities for some arbitrage if properly timed.
Using Great Pacific hype-based prediction, you can estimate the value of Great Pacific Gold from the perspective of Great Pacific response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Great Pacific Gold on the next trading day is expected to be 0.68 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.56.

Great Pacific after-hype prediction price

    
  CAD 0.6  
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 Great Pacific to cross-verify your projections.

Great Pacific Additional Predictive Modules

Most predictive techniques to examine Great price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Great using various technical indicators. When you analyze Great 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.
A naive forecasting model for Great Pacific is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Great Pacific Gold 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.

Great Pacific Naive Prediction Price Forecast For the 27th of February

Given 90 days horizon, the Naive Prediction forecasted value of Great Pacific Gold on the next trading day is expected to be 0.68 with a mean absolute deviation of 0.03, mean absolute percentage error of 0.001, and the sum of the absolute errors of 1.56.
Please note that although there have been many attempts to predict Great Stock 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 Great Pacific's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Great Pacific Stock Forecast Pattern

Backtest Great Pacific  Great Pacific Price Prediction  Research Analysis  

Great Pacific Forecasted Value

In the context of forecasting Great Pacific'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. Great Pacific's downside and upside margins for the forecasting period are 0.01 and 6.98, respectively. We have considered Great Pacific'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
0.61
0.68
Expected Value
6.98
Upside

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 Great Pacific stock data series using in forecasting. Note that when a statistical model is used to represent Great Pacific 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.
AICAkaike Information Criteria111.1958
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0256
MAPEMean absolute percentage error0.0546
SAESum of the absolute errors1.5595
This model is not at all useful as a medium-long range forecasting tool of Great Pacific Gold. 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 Great Pacific. 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 Great Pacific

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great Pacific Gold. 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 Great Pacific'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.
Hype
Prediction
LowEstimatedHigh
0.030.606.96
Details
Intrinsic
Valuation
LowRealHigh
0.020.466.82
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-2.270.520.66
Details

Great Pacific After-Hype Price Density Analysis

As far as predicting the price of Great Pacific 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 Great Pacific 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 Great Pacific, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Great Pacific Estimiated After-Hype Price Volatility

In the context of predicting Great Pacific's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Great Pacific's historical news coverage. Great Pacific's after-hype downside and upside margins for the prediction period are 0.03 and 6.96, respectively. We have considered Great Pacific'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.61
0.60
After-hype Price
6.96
Upside
Great Pacific is out of control at this time. Analysis and calculation of next after-hype price of Great Pacific Gold is based on 3 months time horizon.

Great Pacific Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Great Pacific is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Great Pacific 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 Great Pacific, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.42 
6.31
  0.01 
 0.00  
6 Events / Month
2 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.61
0.60
1.64 
31,550  
Notes

Great Pacific Hype Timeline

Great Pacific Gold is currently traded for 0.61on TSX Venture Exchange of Canada. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Great is forecasted to decline in value after the next headline, with the price expected to drop to 0.6. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -1.64%, whereas the daily expected return is currently at 0.42%. The volatility of related hype on Great Pacific is about 141975.0%, with the expected price after the next announcement by competition of 0.61. The book value of the company was currently reported as 0.21. The company recorded a loss per share of 0.12. Great Pacific Gold had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in about 6 days.
Check out Historical Fundamental Analysis of Great Pacific to cross-verify your projections.

Great Pacific Related Hype Analysis

Having access to credible news sources related to Great Pacific's direct competition is more important than ever and may enhance your ability to predict Great Pacific's future price movements. Getting to know how Great Pacific'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 Great Pacific 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
MAIMinera Alamos 0.1 4 per month 2.81  0.21  7.37 (5.34) 20.41 
MFGMayfair Gold Corp(0.16)5 per month 3.13  0.08  5.78 (5.45) 14.62 
AUMB1911 Gold Corp 0.02 5 per month 5.59  0.11  12.38 (10.00) 30.53 
FISHSailfish Royalty Corp 0.11 3 per month 3.50  0.06  7.39 (6.76) 23.51 
LNLoncor Resources 0.00 2 per month 1.16 (0.03) 2.31 (1.50) 7.48 
TUDTudor Gold Corp(0.01)4 per month 4.42  0.17  10.00 (8.53) 28.08 
GHRTGreenheart Gold(0.04)2 per month 3.93  0.07  7.25 (7.69) 18.95 
STLRSTLLR Gold(0.04)8 per month 3.55  0.13  7.50 (4.97) 22.63 
DNGDynacor Gold Mines 0.06 2 per month 2.58  0.17  4.03 (4.95) 22.84 

Other Forecasting Options for Great Pacific

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

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

Great Pacific Market Strength Events

Market strength indicators help investors to evaluate how Great Pacific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Great Pacific shares will generate the highest return on investment. By undertsting and applying Great Pacific stock market strength indicators, traders can identify Great Pacific Gold entry and exit signals to maximize returns.

Great Pacific Risk Indicators

The analysis of Great Pacific'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 Great Pacific's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting great 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.
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 Great Pacific

The number of cover stories for Great Pacific depends on current market conditions and Great Pacific's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Great Pacific 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 Great Pacific'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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Additional Tools for Great Stock Analysis

When running Great Pacific's price analysis, check to measure Great Pacific'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 Great Pacific is operating at the current time. Most of Great Pacific's value examination focuses on studying past and present price action to predict the probability of Great Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Pacific's price. Additionally, you may evaluate how the addition of Great Pacific to your portfolios can decrease your overall portfolio volatility.