LPL Financial Stock Forecast - Naive Prediction
| L2PL34 Stock | 113.20 2.19 1.90% |
LPL |
LPL Financial Naive Prediction Price Forecast For the 11th of January 2025
Given 90 days horizon, the Naive Prediction forecasted value of LPL Financial Holdings on the next trading day is expected to be 115.55 with a mean absolute deviation of 1.48, mean absolute percentage error of 3.57, and the sum of the absolute errors of 90.35.Please note that although there have been many attempts to predict LPL 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 LPL Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
LPL Financial Stock Forecast Pattern
LPL Financial Forecasted Value
In the context of forecasting LPL Financial'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. LPL Financial's downside and upside margins for the forecasting period are 113.41 and 117.69, respectively. We have considered LPL Financial'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of LPL Financial stock data series using in forecasting. Note that when a statistical model is used to represent LPL Financial 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 | 119.382 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.4811 |
| MAPE | Mean absolute percentage error | 0.0155 |
| SAE | Sum of the absolute errors | 90.3457 |
Predictive Modules for LPL Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LPL Financial Holdings. 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 LPL Financial. Your research has to be compared to or analyzed against LPL Financial's peers to derive any actionable benefits. When done correctly, LPL Financial'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 LPL Financial Holdings.Other Forecasting Options for LPL Financial
For every potential investor in LPL, whether a beginner or expert, LPL Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LPL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LPL. Basic forecasting techniques help filter out the noise by identifying LPL Financial's price trends.LPL Financial 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 LPL Financial stock to make a market-neutral strategy. Peer analysis of LPL Financial could also be used in its relative valuation, which is a method of valuing LPL Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LPL Financial Holdings 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 LPL Financial'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 LPL Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
LPL Financial Market Strength Events
Market strength indicators help investors to evaluate how LPL Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LPL Financial shares will generate the highest return on investment. By undertsting and applying LPL Financial stock market strength indicators, traders can identify LPL Financial Holdings entry and exit signals to maximize returns.
LPL Financial Risk Indicators
The analysis of LPL Financial'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 LPL Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lpl 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 | 0.1421 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.49 | |||
| Downside Variance | 1.14 | |||
| Semi Variance | 0.0202 | |||
| Expected Short fall | (1.87) |
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.
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