LENZ Therapeutics Stock Forecast - Simple Regression

LENZ Stock   16.00  0.12  0.74%   
The Simple Regression forecasted value of LENZ Therapeutics on the next trading day is expected to be 15.11 with a mean absolute deviation of 3.16 and the sum of the absolute errors of 192.56. LENZ Stock Forecast is based on your current time horizon.
At this time, the RSI of LENZ Therapeutics' share price is approaching 33. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling LENZ Therapeutics, making its price go up or down.

Momentum 33

 Sell Stretched

 
Oversold
 
Overbought
The successful prediction of LENZ Therapeutics' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with LENZ Therapeutics, which may create opportunities for some arbitrage if properly timed.
Using LENZ Therapeutics hype-based prediction, you can estimate the value of LENZ Therapeutics from the perspective of LENZ Therapeutics response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of LENZ Therapeutics on the next trading day is expected to be 15.11 with a mean absolute deviation of 3.16 and the sum of the absolute errors of 192.56.

LENZ Therapeutics after-hype prediction price

    
  USD 16.2  
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 LENZ Therapeutics to cross-verify your projections.
For more information on how to buy LENZ Stock please use our How to Invest in LENZ Therapeutics guide.

LENZ Therapeutics Additional Predictive Modules

Most predictive techniques to examine LENZ price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for LENZ using various technical indicators. When you analyze LENZ 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through LENZ Therapeutics price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

LENZ Therapeutics Simple Regression Price Forecast For the 5th of January

Given 90 days horizon, the Simple Regression forecasted value of LENZ Therapeutics on the next trading day is expected to be 15.11 with a mean absolute deviation of 3.16, mean absolute percentage error of 15.00, and the sum of the absolute errors of 192.56.
Please note that although there have been many attempts to predict LENZ 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 LENZ Therapeutics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

LENZ Therapeutics Stock Forecast Pattern

Backtest LENZ TherapeuticsLENZ Therapeutics Price PredictionBuy or Sell Advice 

LENZ Therapeutics Forecasted Value

In the context of forecasting LENZ Therapeutics' 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. LENZ Therapeutics' downside and upside margins for the forecasting period are 8.83 and 21.40, respectively. We have considered LENZ Therapeutics' 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
16.00
15.11
Expected Value
21.40
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of LENZ Therapeutics stock data series using in forecasting. Note that when a statistical model is used to represent LENZ Therapeutics 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 Criteria120.8189
BiasArithmetic mean of the errors None
MADMean absolute deviation3.1567
MAPEMean absolute percentage error0.1175
SAESum of the absolute errors192.5589
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as LENZ Therapeutics historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for LENZ Therapeutics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LENZ Therapeutics. 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.
Hype
Prediction
LowEstimatedHigh
9.9216.2022.48
Details
Intrinsic
Valuation
LowRealHigh
14.4025.2731.55
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.7122.5334.35
Details

Other Forecasting Options for LENZ Therapeutics

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

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

LENZ Therapeutics 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 LENZ Therapeutics' 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 LENZ Therapeutics' current price.

LENZ Therapeutics Market Strength Events

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

LENZ Therapeutics Risk Indicators

The analysis of LENZ Therapeutics' 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 LENZ Therapeutics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lenz 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.

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.

Additional Tools for LENZ Stock Analysis

When running LENZ Therapeutics' price analysis, check to measure LENZ Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LENZ Therapeutics is operating at the current time. Most of LENZ Therapeutics' value examination focuses on studying past and present price action to predict the probability of LENZ Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENZ Therapeutics' price. Additionally, you may evaluate how the addition of LENZ Therapeutics to your portfolios can decrease your overall portfolio volatility.