Gasporox Stock Forward View - Simple Moving Average
| GPX Stock | SEK 7.42 -0.26 -3.39% |
This reference page presents Simple Moving Average forecast data for Gasporox AB. The model output shown here is derived from Gasporox's historical price series and is provided for informational purposes.
The Simple Moving Average forecasted value of Gasporox AB on the next trading day is expected to be 7.42 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 13.51.The simple moving average model is conceptually a linear regression of the current value of Gasporox AB price series against current and previous (unobserved) value of Gasporox. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future This Simple Moving Average forecast data for Gasporox AB is sourced from the most recent available trading data and is intended solely as reference information. Simple Moving Average Price Forecast For the 22nd of March
Given 90 days horizon, the Simple Moving Average forecasted value of Gasporox AB on the next trading day is expected to be 7.42 with a mean absolute deviation of 0.23 , mean absolute percentage error of 0.09 , and the sum of the absolute errors of 13.51 .Please note that although there have been many attempts to predict Gasporox 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 Gasporox's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Gasporox | Gasporox Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Gasporox AB uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Investors should still remember that no empirical framework consistently proves that one family of forecasting models will outperform all other approaches in live markets.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Gasporox stock data series using in forecasting. Note that when a statistical model is used to represent Gasporox 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 | 113.9108 |
| Bias | Arithmetic mean of the errors | -0.0132 |
| MAD | Mean absolute deviation | 0.2252 |
| MAPE | Mean absolute percentage error | 0.0311 |
| SAE | Sum of the absolute errors | 13.51 |
Other Forecasting Options for Gasporox
For every potential investor in Gasporox, whether a beginner or expert, Gasporox's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better.Gasporox Related Equities
The following equities are related to Gasporox within the Scientific & Technical Instruments space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Gasporox against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Gasporox Market Strength Events
Market strength indicators help investors to evaluate how Gasporox stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gasporox shares will generate the highest return on.
Gasporox Risk Indicators
The analysis of Gasporox'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 Gasporox's investment and either accepting that risk or mitigating it.
| Mean Deviation | 3.28 | |||
| Semi Deviation | 3.48 | |||
| Standard Deviation | 4.4 | |||
| Variance | 19.35 | |||
| Downside Variance | 16.38 | |||
| Semi Variance | 12.14 | |||
| Expected Short fall | -4.12 |
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 Gasporox
The amount of media and story coverage tied to Gasporox AB can signal where market attention is concentrating at the moment. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.
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Gasporox Short Properties
Reviewing short-oriented indicators for Gasporox AB is useful because long and short participants often create very different signals for timing and volatility. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 8.6 M | |
| Cash And Short Term Investments | 14.3 M |
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