Jones Lang Stock Forward View - Double Exponential Smoothing
| JLL Stock | USD 304.36 9.64 3.07% |
Jones Stock outlook is based on your current time horizon.
As of now, The relative strength index (RSI) of Jones Lang's share price is at 53. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Jones Lang, making its price go up or down. Momentum 53
Impartial
Oversold | Overbought |
Using Jones Lang hype-based prediction, you can estimate the value of Jones Lang LaSalle from the perspective of Jones Lang response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Jones Lang LaSalle on the next trading day is expected to be 303.58 with a mean absolute deviation of 6.59 and the sum of the absolute errors of 389.00. Jones Lang after-hype prediction price | USD 312.64 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Jones Lang to cross-verify your projections. Jones Lang Additional Predictive Modules
Most predictive techniques to examine Jones price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Jones using various technical indicators. When you analyze Jones charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Jones Lang Double Exponential Smoothing Price Forecast For the 24th of February
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Jones Lang LaSalle on the next trading day is expected to be 303.58 with a mean absolute deviation of 6.59, mean absolute percentage error of 105.51, and the sum of the absolute errors of 389.00.Please note that although there have been many attempts to predict Jones 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 Jones Lang's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Jones Lang Stock Forecast Pattern
| Backtest Jones Lang | Jones Lang Price Prediction | Research Analysis |
Jones Lang Forecasted Value
In the context of forecasting Jones Lang'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. Jones Lang's downside and upside margins for the forecasting period are 300.79 and 306.37, respectively. We have considered Jones Lang'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Jones Lang stock data series using in forecasting. Note that when a statistical model is used to represent Jones Lang 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 | Huge |
| Bias | Arithmetic mean of the errors | 1.8674 |
| MAD | Mean absolute deviation | 6.5931 |
| MAPE | Mean absolute percentage error | 0.0203 |
| SAE | Sum of the absolute errors | 388.995 |
Predictive Modules for Jones Lang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jones Lang LaSalle. 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.Jones Lang After-Hype Price Density Analysis
As far as predicting the price of Jones Lang at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Jones Lang or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Jones Lang, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Jones Lang Estimiated After-Hype Price Volatility
In the context of predicting Jones Lang's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Jones Lang's historical news coverage. Jones Lang's after-hype downside and upside margins for the prediction period are 309.85 and 315.43, respectively. We have considered Jones Lang's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Jones Lang is very steady at this time. Analysis and calculation of next after-hype price of Jones Lang LaSalle is based on 3 months time horizon.
Jones Lang Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Jones Lang is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Jones Lang backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Jones Lang, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.05 | 2.79 | 0.00 | 0.03 | 0 Events / Month | 5 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
304.36 | 312.64 | 0.41 |
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Jones Lang Hype Timeline
On the 23rd of February Jones Lang LaSalle is traded for 304.36. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. Jones is expected to decline in value after the next headline, with the price expected to drop to 312.64. The average volatility of media hype impact on the company price is insignificant. The price depreciation on the next news is expected to be -0.41%, whereas the daily expected return is currently at -0.05%. The volatility of related hype on Jones Lang is about 544.39%, with the expected price after the next announcement by competition of 304.39. About 96.0% of the company shares are owned by institutional investors. The book value of Jones Lang was currently reported as 159.82. The company has Price/Earnings To Growth (PEG) ratio of 0.81. Jones Lang LaSalle recorded earning per share (EPS) of 13.06. The entity last dividend was issued on the 14th of November 2019. Considering the 90-day investment horizon the next expected press release will be uncertain. Check out Historical Fundamental Analysis of Jones Lang to cross-verify your projections.Jones Lang Related Hype Analysis
Having access to credible news sources related to Jones Lang's direct competition is more important than ever and may enhance your ability to predict Jones Lang's future price movements. Getting to know how Jones Lang's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Jones Lang may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CWK | Cushman Wakefield plc | (1.77) | 6 per month | 0.00 | (0.06) | 5.62 | (4.34) | 22.43 | |
| CIGI | Colliers International Group | 0.00 | 0 per month | 0.00 | (0.16) | 2.71 | (4.09) | 16.14 | |
| CSGP | CoStar Group | 0.00 | 0 per month | 0.00 | (0.19) | 3.09 | (5.93) | 19.70 | |
| NMRK | Newmark Group | 0.00 | 0 per month | 0.00 | (0.12) | 4.14 | (4.15) | 17.78 | |
| CBRE | CBRE Group Class | 2.67 | 5 per month | 0.00 | (0.04) | 3.44 | (3.55) | 15.83 | |
| MMI | Marcus Millichap | 0.25 | 7 per month | 0.00 | (0.11) | 3.10 | (3.25) | 10.04 | |
| FSV | FirstService Corp | 0.00 | 0 per month | 1.66 | (0.04) | 2.59 | (2.65) | 11.36 | |
| FRPH | Frp Holdings Ord | (0.07) | 7 per month | 1.25 | (0.02) | 2.27 | (2.29) | 6.39 | |
| TCI | Transcontinental Realty Investors | (1.79) | 7 per month | 0.00 | (0.06) | 5.75 | (6.67) | 18.27 | |
| MAYS | J W Mays | 7.03 | 2 per month | 1.98 | 0.11 | 4.42 | (3.72) | 9.74 | |
| HOUS | Anywhere Real Estate | 0.38 | 8 per month | 1.49 | 0.22 | 6.95 | (3.45) | 14.45 | |
| RMAX | Re Max Holding | (0.55) | 9 per month | 0.00 | (0.1) | 3.50 | (4.83) | 16.16 |
Other Forecasting Options for Jones Lang
For every potential investor in Jones, whether a beginner or expert, Jones Lang's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jones Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jones. Basic forecasting techniques help filter out the noise by identifying Jones Lang's price trends.Jones Lang 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 Jones Lang stock to make a market-neutral strategy. Peer analysis of Jones Lang could also be used in its relative valuation, which is a method of valuing Jones Lang by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Jones Lang Market Strength Events
Market strength indicators help investors to evaluate how Jones Lang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jones Lang shares will generate the highest return on investment. By undertsting and applying Jones Lang stock market strength indicators, traders can identify Jones Lang LaSalle entry and exit signals to maximize returns.
| Accumulation Distribution | 34641.84 | |||
| Daily Balance Of Power | (0.62) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 310.06 | |||
| Day Typical Price | 308.16 | |||
| Price Action Indicator | (10.51) | |||
| Period Momentum Indicator | (9.64) | |||
| Relative Strength Index | 53.48 |
Jones Lang Risk Indicators
The analysis of Jones Lang'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 Jones Lang's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jones 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 | 1.56 | |||
| Standard Deviation | 2.79 | |||
| Variance | 7.76 |
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 Jones Lang
The number of cover stories for Jones Lang depends on current market conditions and Jones Lang's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Jones Lang is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Jones Lang's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Jones Lang Short Properties
Jones Lang's future price predictability will typically decrease when Jones Lang's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Jones Lang LaSalle often depends not only on the future outlook of the potential Jones Lang's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Jones Lang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.3 M | |
| Cash And Short Term Investments | 599.1 M |
Check out Historical Fundamental Analysis of Jones Lang to cross-verify your projections. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jones Lang. Expected growth trajectory for Jones significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Jones Lang assessment requires weighing all these inputs, though not all factors influence outcomes equally.
The market value of Jones Lang LaSalle is measured differently than its book value, which is the value of Jones that is recorded on the company's balance sheet. Investors also form their own opinion of Jones Lang's value that differs from its market value or its book value, called intrinsic value, which is Jones Lang's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jones Lang's market value can be influenced by many factors that don't directly affect Jones Lang's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Jones Lang's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Jones Lang represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Jones Lang's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.