Lotte Reit Stock Forecast - Polynomial Regression
| 330590 Stock | 3,110 15.00 0.48% |
Lotte |
Lotte Reit Polynomial Regression Price Forecast For the 24th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Lotte Reit Co on the next trading day is expected to be 3,125 with a mean absolute deviation of 44.43, mean absolute percentage error of 3,838, and the sum of the absolute errors of 2,710.Please note that although there have been many attempts to predict Lotte 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 Lotte Reit's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Lotte Reit Stock Forecast Pattern
Lotte Reit Forecasted Value
In the context of forecasting Lotte Reit'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. Lotte Reit's downside and upside margins for the forecasting period are 3,123 and 3,126, respectively. We have considered Lotte Reit'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Lotte Reit stock data series using in forecasting. Note that when a statistical model is used to represent Lotte Reit 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 | 126.3632 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 44.4279 |
| MAPE | Mean absolute percentage error | 0.0146 |
| SAE | Sum of the absolute errors | 2710.1031 |
Predictive Modules for Lotte Reit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lotte Reit. 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 Lotte Reit. Your research has to be compared to or analyzed against Lotte Reit's peers to derive any actionable benefits. When done correctly, Lotte Reit'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 Lotte Reit.Other Forecasting Options for Lotte Reit
For every potential investor in Lotte, whether a beginner or expert, Lotte Reit's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lotte Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lotte. Basic forecasting techniques help filter out the noise by identifying Lotte Reit's price trends.Lotte Reit 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 Lotte Reit stock to make a market-neutral strategy. Peer analysis of Lotte Reit could also be used in its relative valuation, which is a method of valuing Lotte Reit by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lotte Reit 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 Lotte Reit'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 Lotte Reit's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Lotte Reit Market Strength Events
Market strength indicators help investors to evaluate how Lotte Reit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lotte Reit shares will generate the highest return on investment. By undertsting and applying Lotte Reit stock market strength indicators, traders can identify Lotte Reit Co entry and exit signals to maximize returns.
| Accumulation Distribution | 1239.39 | |||
| Daily Balance Of Power | (0.43) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3117.5 | |||
| Day Typical Price | 3115.0 | |||
| Market Facilitation Index | 3.0E-4 | |||
| Price Action Indicator | (15.00) | |||
| Period Momentum Indicator | (15.00) |
Lotte Reit Risk Indicators
The analysis of Lotte Reit'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 Lotte Reit's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lotte 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 | 1.15 | |||
| Standard Deviation | 1.53 | |||
| Variance | 2.33 |
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 Lotte Reit
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 Lotte Reit 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 Lotte Reit will appreciate offsetting losses from the drop in the long position's value.Moving together with Lotte Stock
| 0.62 | 005930 | Samsung Electronics Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Lotte Reit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lotte Reit 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 Lotte Reit - 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 Lotte Reit Co to buy it.
The correlation of Lotte Reit 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 Lotte Reit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lotte Reit 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 Lotte Reit 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.