LG Household Stock Forecast - Polynomial Regression

LG Household polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for LG Household Healthcare as well as the accuracy indicators are determined from the period prices.

LG Household Polynomial Regression Price Forecast For the 30th of November

Given 90 days horizon, the Polynomial Regression forecasted value of LG Household Healthcare on the next trading day is expected to be 141,930 with a mean absolute deviation of 2,386, mean absolute percentage error of 8,732,422, and the sum of the absolute errors of 147,950.

LG Household Stock Forecast Pattern

Backtest LG Household

LG Household Price Prediction

Buy or Sell Advice

LG Household Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of LG Household stock data series using in forecasting. Note that when a statistical model is used to represent LG Household 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. A single variable polynomial regression model attempts to put a curve through the LG Household historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a₀ + a₁*X + a₂*X² + a₃*X³ + ... + a_m*X^m

Predictive Modules for LG Household

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LG Household Healthcare. 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.

Hype Prediction Low Estimated High 141,098 141,100 141,102 Details

Intrinsic Valuation Low Real High 122,218 122,220 155,210 Details

Bollinger Band Projection (param) Low Middle High 137,571 143,775 149,979 Details

Other Forecasting Options for LG Household

For every potential investor in 051905, whether a beginner or expert, LG Household's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 051905 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 051905. Basic forecasting techniques help filter out the noise by identifying LG Household's price trends.

LG Household Related Equities

Risk & Return

Correlation

LG Household Healthcare Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of LG Household's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of LG Household's current price.

LG Household Market Strength Events

LG Household Risk Indicators

Pair Trading with LG Household

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LG Household position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LG Household will appreciate offsetting losses from the drop in the long position's value.

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