LBC Express Stock Forecast - 20 Period Moving Average
| LBC Stock | 10.02 0.48 4.57% |
The 20 Period Moving Average forecasted value of LBC Express Holdings on the next trading day is expected to be 10.91 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 19.28. LBC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast LBC Express stock prices and determine the direction of LBC Express Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of LBC Express' historical fundamentals, such as revenue growth or operating cash flow patterns.
LBC |
LBC Express 20 Period Moving Average Price Forecast For the 27th of February
Given 90 days horizon, the 20 Period Moving Average forecasted value of LBC Express Holdings on the next trading day is expected to be 10.91 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.37, and the sum of the absolute errors of 19.28.Please note that although there have been many attempts to predict LBC 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 LBC Express' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
LBC Express Stock Forecast Pattern
| Backtest LBC Express | LBC Express Price Prediction | Buy or Sell Advice |
LBC Express Forecasted Value
In the context of forecasting LBC Express' 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. LBC Express' downside and upside margins for the forecasting period are 5.06 and 16.77, respectively. We have considered LBC Express' 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of LBC Express stock data series using in forecasting. Note that when a statistical model is used to represent LBC Express 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 | 80.3632 |
| Bias | Arithmetic mean of the errors | 0.2345 |
| MAD | Mean absolute deviation | 0.4702 |
| MAPE | Mean absolute percentage error | 0.0437 |
| SAE | Sum of the absolute errors | 19.277 |
Predictive Modules for LBC Express
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LBC Express 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.Other Forecasting Options for LBC Express
For every potential investor in LBC, whether a beginner or expert, LBC Express' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LBC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LBC. Basic forecasting techniques help filter out the noise by identifying LBC Express' price trends.LBC Express 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 LBC Express stock to make a market-neutral strategy. Peer analysis of LBC Express could also be used in its relative valuation, which is a method of valuing LBC Express by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LBC Express 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 LBC Express' 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 LBC Express' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
LBC Express Market Strength Events
Market strength indicators help investors to evaluate how LBC Express stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LBC Express shares will generate the highest return on investment. By undertsting and applying LBC Express stock market strength indicators, traders can identify LBC Express Holdings entry and exit signals to maximize returns.
LBC Express Risk Indicators
The analysis of LBC Express' 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 LBC Express' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lbc 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 | 2.68 | |||
| Standard Deviation | 4.8 | |||
| Variance | 23.04 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in LBC Stock
LBC Express financial ratios help investors to determine whether LBC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LBC with respect to the benefits of owning LBC Express security.