Lexaria Bioscience Stock Forecast - Simple Regression
| LEXXW Stock | USD 0 0.0003 33.33% |
The Simple Regression forecasted value of Lexaria Bioscience Corp on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.57. Lexaria Stock Forecast is based on your current time horizon.
At this time the rsi of Lexaria Bioscience'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 |
Quarterly Revenue Growth 1.071 |
Using Lexaria Bioscience hype-based prediction, you can estimate the value of Lexaria Bioscience Corp from the perspective of Lexaria Bioscience response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Lexaria Bioscience Corp on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.57. Lexaria Bioscience after-hype prediction price | USD 0.001498 |
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 median. Lexaria Bioscience Additional Predictive Modules
Most predictive techniques to examine Lexaria price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Lexaria using various technical indicators. When you analyze Lexaria 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 |
Lexaria Bioscience Simple Regression Price Forecast For the 25th of January
Given 90 days horizon, the Simple Regression forecasted value of Lexaria Bioscience Corp on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.57.Please note that although there have been many attempts to predict Lexaria 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 Lexaria Bioscience's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Lexaria Bioscience Stock Forecast Pattern
| Backtest Lexaria Bioscience | Lexaria Bioscience Price Prediction | Buy or Sell Advice |
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 Lexaria Bioscience stock data series using in forecasting. Note that when a statistical model is used to represent Lexaria Bioscience 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 | 109.2898 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0093 |
| MAPE | Mean absolute percentage error | 0.6422 |
| SAE | Sum of the absolute errors | 0.5658 |
Predictive Modules for Lexaria Bioscience
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lexaria Bioscience Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lexaria Bioscience's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lexaria Bioscience After-Hype Price Prediction Density Analysis
As far as predicting the price of Lexaria Bioscience 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 Lexaria Bioscience 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 Lexaria Bioscience, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Lexaria Bioscience Estimiated After-Hype Price Volatility
In the context of predicting Lexaria Bioscience's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Lexaria Bioscience's historical news coverage. Lexaria Bioscience's after-hype downside and upside margins for the prediction period are 0.00 and 34.80, respectively. We have considered Lexaria Bioscience'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Lexaria Bioscience is out of control at this time. Analysis and calculation of next after-hype price of Lexaria Bioscience Corp is based on 3 months time horizon.
Lexaria Bioscience Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Lexaria Bioscience is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Lexaria Bioscience 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 Lexaria Bioscience, 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 |
0.78 | 34.80 | 0.50 | 0.21 | 3 Events / Month | 5 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0 | 0 | 24.83 |
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Lexaria Bioscience Hype Timeline
Lexaria Bioscience Corp is now traded for 0. The entity has historical hype elasticity of 0.5, and average elasticity to hype of competition of -0.21. Lexaria is anticipated to increase in value after the next headline, with the price projected to jump to 0.001498 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is projected to be 24.83%, whereas the daily expected return is now at -0.78%. The volatility of related hype on Lexaria Bioscience is about 12985.07%, with the expected price after the next announcement by competition of -0.21. Lexaria Bioscience Corp has accumulated 109.32 K in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. Lexaria Bioscience Corp has a current ratio of 8.35, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Note, when we think about Lexaria Bioscience's use of debt, we should always consider it together with its cash and equity.Assuming the 90 days horizon the next anticipated press release will be in about 3 days. 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 median.Lexaria Bioscience Related Hype Analysis
Having access to credible news sources related to Lexaria Bioscience's direct competition is more important than ever and may enhance your ability to predict Lexaria Bioscience's future price movements. Getting to know how Lexaria Bioscience'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 Lexaria Bioscience may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NKGN | NKGen Biotech Common | 0.00 | 0 per month | 0.00 | 0.17 | 35.14 | (6.00) | 103.09 | |
| XRTX | XORTX Therapeutics | (0.01) | 10 per month | 0.00 | (0.1) | 7.14 | (6.45) | 20.83 | |
| PTIX | Protagenic Therapeutics | (0.09) | 9 per month | 0.00 | (0.21) | 12.73 | (14.00) | 58.73 | |
| ELAB | Elevai Labs Common | (2.64) | 5 per month | 0.00 | (0.42) | 5.71 | (14.29) | 38.62 | |
| WINT | Windtree Therapeutics | (0.02) | 8 per month | 0.00 | (0.18) | 20.00 | (20.00) | 58.33 | |
| NCEL | NewcelX | 0.59 | 5 per month | 0.00 | (0.26) | 10.12 | (16.98) | 39.40 | |
| VRAX | Virax Biolabs Group | (0.05) | 9 per month | 0.00 | (0.09) | 7.89 | (10.20) | 92.80 | |
| DRMA | Dermata Therapeutics | (0.32) | 9 per month | 0.00 | (0.11) | 15.87 | (10.23) | 37.70 | |
| MLEC | Moolec Science SA | (0.12) | 9 per month | 10.62 | 0.04 | 15.63 | (16.33) | 152.55 | |
| ATXI | Avenue Therapeutics | (0.02) | 22 per month | 0.00 | (0.12) | 12.66 | (17.20) | 42.40 |
Lexaria Bioscience 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 Lexaria Bioscience stock to make a market-neutral strategy. Peer analysis of Lexaria Bioscience could also be used in its relative valuation, which is a method of valuing Lexaria Bioscience by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lexaria Bioscience Market Strength Events
Market strength indicators help investors to evaluate how Lexaria Bioscience stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lexaria Bioscience shares will generate the highest return on investment. By undertsting and applying Lexaria Bioscience stock market strength indicators, traders can identify Lexaria Bioscience Corp entry and exit signals to maximize returns.
Lexaria Bioscience Risk Indicators
The analysis of Lexaria Bioscience'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 Lexaria Bioscience's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lexaria 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 | 22.21 | |||
| Standard Deviation | 33.97 | |||
| Variance | 1153.92 |
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 Lexaria Bioscience
The number of cover stories for Lexaria Bioscience depends on current market conditions and Lexaria Bioscience's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Lexaria Bioscience 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 Lexaria Bioscience'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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Lexaria Bioscience Short Properties
Lexaria Bioscience's future price predictability will typically decrease when Lexaria Bioscience's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Lexaria Bioscience Corp often depends not only on the future outlook of the potential Lexaria Bioscience'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. Lexaria Bioscience's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18 M | |
| Cash And Short Term Investments | 2 M |
Additional Tools for Lexaria Stock Analysis
When running Lexaria Bioscience's price analysis, check to measure Lexaria Bioscience's 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 Lexaria Bioscience is operating at the current time. Most of Lexaria Bioscience's value examination focuses on studying past and present price action to predict the probability of Lexaria Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexaria Bioscience's price. Additionally, you may evaluate how the addition of Lexaria Bioscience to your portfolios can decrease your overall portfolio volatility.