LIVESTOCK FEED Stock Forecast - 8 Period Moving Average

LFL-O Stock   18.50  0.00  0.00%   
The 8 Period Moving Average forecasted value of LIVESTOCK FEED LTD on the next trading day is expected to be 18.50 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 10.69. Investors can use prediction functions to forecast LIVESTOCK FEED's stock prices and determine the direction of LIVESTOCK FEED LTD'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 LIVESTOCK FEED'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 persons.
  
An 8-period moving average forecast model for LIVESTOCK FEED is based on an artificially constructed time series of LIVESTOCK FEED daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

LIVESTOCK FEED 8 Period Moving Average Price Forecast For the 2nd of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of LIVESTOCK FEED LTD on the next trading day is expected to be 18.50 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.11, and the sum of the absolute errors of 10.69.
Please note that although there have been many attempts to predict LIVESTOCK 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 LIVESTOCK FEED's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

LIVESTOCK FEED Stock Forecast Pattern

LIVESTOCK FEED Forecasted Value

In the context of forecasting LIVESTOCK FEED'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. LIVESTOCK FEED's downside and upside margins for the forecasting period are 17.59 and 19.41, respectively. We have considered LIVESTOCK FEED'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
18.50
18.50
Expected Value
19.41
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of LIVESTOCK FEED stock data series using in forecasting. Note that when a statistical model is used to represent LIVESTOCK FEED 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 Criteria101.1962
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2017
MAPEMean absolute percentage error0.0106
SAESum of the absolute errors10.6875
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. LIVESTOCK FEED LTD 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for LIVESTOCK FEED

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LIVESTOCK FEED LTD. 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 LIVESTOCK FEED

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

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

LIVESTOCK FEED LTD 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 LIVESTOCK FEED'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 LIVESTOCK FEED's current price.

LIVESTOCK FEED Market Strength Events

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

LIVESTOCK FEED Risk Indicators

The analysis of LIVESTOCK FEED'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 LIVESTOCK FEED's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting livestock 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.

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Additional Tools for LIVESTOCK Stock Analysis

When running LIVESTOCK FEED's price analysis, check to measure LIVESTOCK FEED'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 LIVESTOCK FEED is operating at the current time. Most of LIVESTOCK FEED's value examination focuses on studying past and present price action to predict the probability of LIVESTOCK FEED's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LIVESTOCK FEED's price. Additionally, you may evaluate how the addition of LIVESTOCK FEED to your portfolios can decrease your overall portfolio volatility.