Labiana Health Stock Forecast - Triple Exponential Smoothing

LAB Stock   4.40  0.20  4.35%   
The Triple Exponential Smoothing forecasted value of Labiana Health SA on the next trading day is expected to be 4.35 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.28. Investors can use prediction functions to forecast Labiana Health's stock prices and determine the direction of Labiana Health SA'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 Labiana Health's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Correlation Analysis 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 employment. At the present time the value of rsi of Labiana Health's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Labiana Health's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Labiana Health SA, which may create opportunities for some arbitrage if properly timed.
Using Labiana Health hype-based prediction, you can estimate the value of Labiana Health SA from the perspective of Labiana Health response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Labiana Health SA on the next trading day is expected to be 4.35 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.28.

Labiana Health after-hype prediction price

    
  EUR 4.4  
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 Correlation Analysis 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 employment.

Labiana Health Additional Predictive Modules

Most predictive techniques to examine Labiana price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Labiana using various technical indicators. When you analyze Labiana 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.
Triple exponential smoothing for Labiana Health - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Labiana Health prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Labiana Health price movement. However, neither of these exponential smoothing models address any seasonality of Labiana Health SA.

Labiana Health Triple Exponential Smoothing Price Forecast For the 26th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Labiana Health SA on the next trading day is expected to be 4.35 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.28.
Please note that although there have been many attempts to predict Labiana 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 Labiana Health's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Labiana Health Stock Forecast Pattern

Labiana Health Forecasted Value

In the context of forecasting Labiana Health'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. Labiana Health's downside and upside margins for the forecasting period are 2.57 and 6.13, respectively. We have considered Labiana Health'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
4.40
4.35
Expected Value
6.13
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Labiana Health stock data series using in forecasting. Note that when a statistical model is used to represent Labiana Health 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0054
MADMean absolute deviation0.0557
MAPEMean absolute percentage error0.012
SAESum of the absolute errors3.2848
As with simple exponential smoothing, in triple exponential smoothing models past Labiana Health observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Labiana Health SA observations.

Predictive Modules for Labiana Health

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Labiana Health SA. 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.

Labiana Health Estimiated After-Hype Price Prediction Volatility

As far as predicting the price of Labiana Health 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 Labiana Health 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 Labiana Health, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Labiana Health Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Labiana Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Labiana Health 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 Labiana Health, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.09 
1.78
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
4.40
4.40
0.00 
0.00  
Notes

Labiana Health Hype Timeline

Labiana Health SA is now traded for 4.40on Madrid Exchange of Spain. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Labiana is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.09%. %. The volatility of related hype on Labiana Health is about 0.0%, with the expected price after the next announcement by competition of 4.40. Assuming the 90 days trading horizon the next forecasted press release will be uncertain.
Check out Correlation Analysis 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 employment.

Labiana Health Related Hype Analysis

Having access to credible news sources related to Labiana Health's direct competition is more important than ever and may enhance your ability to predict Labiana Health's future price movements. Getting to know how Labiana Health'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 Labiana Health may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Labiana Health

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

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

Labiana Health Market Strength Events

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

Labiana Health Risk Indicators

The analysis of Labiana Health'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 Labiana Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting labiana 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.

Story Coverage note for Labiana Health

The number of cover stories for Labiana Health depends on current market conditions and Labiana Health's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Labiana Health 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 Labiana Health'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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