LASSONDE INDUSTINC Stock Forecast - Simple Regression
| 0OO Stock | EUR 117.00 1.00 0.86% |
The Simple Regression forecasted value of LASSONDE INDUSTINC A on the next trading day is expected to be 117.19 with a mean absolute deviation of 1.87 and the sum of the absolute errors of 114.10. LASSONDE Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of LASSONDE INDUSTINC's historical fundamentals, such as revenue growth or operating cash flow patterns.
LASSONDE |
LASSONDE INDUSTINC Simple Regression Price Forecast For the 2nd of December
Given 90 days horizon, the Simple Regression forecasted value of LASSONDE INDUSTINC A on the next trading day is expected to be 117.19 with a mean absolute deviation of 1.87, mean absolute percentage error of 6.93, and the sum of the absolute errors of 114.10.Please note that although there have been many attempts to predict LASSONDE 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 LASSONDE INDUSTINC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
LASSONDE INDUSTINC Stock Forecast Pattern
| Backtest LASSONDE INDUSTINC | LASSONDE INDUSTINC Price Prediction | Buy or Sell Advice |
LASSONDE INDUSTINC Forecasted Value
In the context of forecasting LASSONDE INDUSTINC'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. LASSONDE INDUSTINC's downside and upside margins for the forecasting period are 114.64 and 119.74, respectively. We have considered LASSONDE INDUSTINC'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of LASSONDE INDUSTINC stock data series using in forecasting. Note that when a statistical model is used to represent LASSONDE INDUSTINC 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 | 120.0466 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.8705 |
| MAPE | Mean absolute percentage error | 0.0163 |
| SAE | Sum of the absolute errors | 114.0999 |
Predictive Modules for LASSONDE INDUSTINC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LASSONDE INDUSTINC. 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.Other Forecasting Options for LASSONDE INDUSTINC
For every potential investor in LASSONDE, whether a beginner or expert, LASSONDE INDUSTINC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LASSONDE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LASSONDE. Basic forecasting techniques help filter out the noise by identifying LASSONDE INDUSTINC's price trends.LASSONDE INDUSTINC 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 LASSONDE INDUSTINC stock to make a market-neutral strategy. Peer analysis of LASSONDE INDUSTINC could also be used in its relative valuation, which is a method of valuing LASSONDE INDUSTINC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LASSONDE INDUSTINC 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 LASSONDE INDUSTINC'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 LASSONDE INDUSTINC's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
LASSONDE INDUSTINC Market Strength Events
Market strength indicators help investors to evaluate how LASSONDE INDUSTINC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LASSONDE INDUSTINC shares will generate the highest return on investment. By undertsting and applying LASSONDE INDUSTINC stock market strength indicators, traders can identify LASSONDE INDUSTINC A entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 117.0 | |||
| Day Typical Price | 117.0 | |||
| Price Action Indicator | 0.5 | |||
| Period Momentum Indicator | 1.0 |
LASSONDE INDUSTINC Risk Indicators
The analysis of LASSONDE INDUSTINC'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 LASSONDE INDUSTINC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lassonde 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 | 1.43 | |||
| Semi Deviation | 1.65 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.52 | |||
| Downside Variance | 4.97 | |||
| Semi Variance | 2.71 | |||
| Expected Short fall | (2.17) |
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.
Currently Active Assets on Macroaxis
Other Information on Investing in LASSONDE Stock
LASSONDE INDUSTINC financial ratios help investors to determine whether LASSONDE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LASSONDE with respect to the benefits of owning LASSONDE INDUSTINC security.