LB Investment Stock Forecast - Simple Regression

309960 Stock   3,760  60.00  1.62%   
The Simple Regression forecasted value of LB Investment on the next trading day is expected to be 3,753 with a mean absolute deviation of 78.57 and the sum of the absolute errors of 4,872. Investors can use prediction functions to forecast LB Investment's stock prices and determine the direction of LB Investment's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of LB Investment's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through LB Investment price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

LB Investment Simple Regression Price Forecast For the 28th of November

Given 90 days horizon, the Simple Regression forecasted value of LB Investment on the next trading day is expected to be 3,753 with a mean absolute deviation of 78.57, mean absolute percentage error of 9,260, and the sum of the absolute errors of 4,872.
Please note that although there have been many attempts to predict 309960 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 LB Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

LB Investment Stock Forecast Pattern

LB Investment Forecasted Value

In the context of forecasting LB Investment'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. LB Investment's downside and upside margins for the forecasting period are 3,752 and 3,754, respectively. We have considered LB Investment'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
3,760
3,753
Expected Value
3,754
Upside

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 LB Investment stock data series using in forecasting. Note that when a statistical model is used to represent LB Investment 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 Criteria129.0818
BiasArithmetic mean of the errors None
MADMean absolute deviation78.574
MAPEMean absolute percentage error0.02
SAESum of the absolute errors4871.5865
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as LB Investment historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for LB Investment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LB Investment. 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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LB Investment. Your research has to be compared to or analyzed against LB Investment's peers to derive any actionable benefits. When done correctly, LB Investment's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LB Investment.

Other Forecasting Options for LB Investment

For every potential investor in 309960, whether a beginner or expert, LB Investment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 309960 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 309960. Basic forecasting techniques help filter out the noise by identifying LB Investment's price trends.

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

LB Investment 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 LB Investment'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 LB Investment's current price.

LB Investment Market Strength Events

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

LB Investment Risk Indicators

The analysis of LB Investment'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 LB Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 309960 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.

Pair Trading with LB Investment

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 LB Investment 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 LB Investment will appreciate offsetting losses from the drop in the long position's value.

Moving together with 309960 Stock

  0.72005935 Samsung ElectronicsPairCorr
  0.72005930 Samsung ElectronicsPairCorr

Moving against 309960 Stock

  0.47373220 LG Energy SolutionPairCorr
The ability to find closely correlated positions to LB Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LB Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LB Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LB Investment to buy it.
The correlation of LB Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LB Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LB Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LB Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching