Labrador Iron Stock Forecast - Polynomial Regression
| LIF Stock | CAD 30.21 0.47 1.58% |
Labrador Stock outlook is based on your current time horizon. Although Labrador Iron's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Labrador Iron's systematic risk associated with finding meaningful patterns of Labrador Iron fundamentals over time.
As of today, The relative strength momentum indicator of Labrador Iron's share price is at 51. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Labrador Iron, making its price go up or down. Momentum 51
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.11) | EPS Estimate Next Quarter 0.785 | EPS Estimate Current Year 2.0575 | EPS Estimate Next Year 2.402 | Wall Street Target Price 30.9 |
Using Labrador Iron hype-based prediction, you can estimate the value of Labrador Iron Ore from the perspective of Labrador Iron response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Labrador Iron Ore on the next trading day is expected to be 30.50 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 17.52. Labrador Iron after-hype prediction price | CAD 29.76 |
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.
Labrador |
Labrador Iron Additional Predictive Modules
Most predictive techniques to examine Labrador price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Labrador using various technical indicators. When you analyze Labrador 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 |
Labrador Iron Polynomial Regression Price Forecast For the 28th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Labrador Iron Ore on the next trading day is expected to be 30.50 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.16, and the sum of the absolute errors of 17.52.Please note that although there have been many attempts to predict Labrador 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 Labrador Iron's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Labrador Iron Stock Forecast Pattern
| Backtest Labrador Iron | Labrador Iron Price Prediction | Buy or Sell Advice |
Labrador Iron Forecasted Value
In the context of forecasting Labrador Iron'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. Labrador Iron's downside and upside margins for the forecasting period are 29.39 and 31.60, respectively. We have considered Labrador Iron'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Labrador Iron stock data series using in forecasting. Note that when a statistical model is used to represent Labrador Iron 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 | 116.2711 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2872 |
| MAPE | Mean absolute percentage error | 0.0095 |
| SAE | Sum of the absolute errors | 17.5168 |
Predictive Modules for Labrador Iron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Labrador Iron Ore. 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.Labrador Iron After-Hype Price Density Analysis
As far as predicting the price of Labrador Iron 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 Labrador Iron 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 Labrador Iron, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Labrador Iron Estimiated After-Hype Price Volatility
In the context of predicting Labrador Iron's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Labrador Iron's historical news coverage. Labrador Iron's after-hype downside and upside margins for the prediction period are 28.67 and 30.85, respectively. We have considered Labrador Iron'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
Labrador Iron is very steady at this time. Analysis and calculation of next after-hype price of Labrador Iron Ore is based on 3 months time horizon.
Labrador Iron Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Labrador Iron is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Labrador Iron 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 Labrador Iron, 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 |
0.13 | 1.10 | 0.02 | 0.00 | 7 Events / Month | 2 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
30.21 | 29.76 | 0.07 |
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Labrador Iron Hype Timeline
Labrador Iron Ore is now traded for 30.21on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.0. Labrador is forecasted to increase in value after the next headline, with the price projected to jump to 29.76 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 0.07%, whereas the daily expected return is now at 0.13%. The volatility of related hype on Labrador Iron is about 2911.76%, with the expected price after the next announcement by competition of 30.21. The company reported the revenue of 207.51 M. Net Income was 175.04 M with profit before overhead, payroll, taxes, and interest of 176.55 M. Assuming the 90 days trading horizon the next forecasted press release will be in about 7 days. Check out Historical Fundamental Analysis of Labrador Iron to cross-verify your projections.Labrador Iron Related Hype Analysis
Having access to credible news sources related to Labrador Iron's direct competition is more important than ever and may enhance your ability to predict Labrador Iron's future price movements. Getting to know how Labrador Iron'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 Labrador Iron may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ALS | Altius Minerals | (0.25) | 7 per month | 1.93 | 0.15 | 3.12 | (2.78) | 16.64 | |
| CIA | Champion Iron | 0.01 | 17 per month | 1.23 | 0.20 | 4.31 | (2.47) | 15.06 | |
| VNP | 5N Plus | (0.31) | 4 per month | 2.65 | (0.01) | 4.40 | (4.50) | 16.43 | |
| SVM | Silvercorp Metals | 0.05 | 9 per month | 2.10 | 0.29 | 7.27 | (4.80) | 14.18 | |
| AII | Almonty Industries | 0.23 | 9 per month | 4.07 | 0.12 | 9.41 | (7.62) | 20.82 | |
| TKO | Taseko Mines | 0.07 | 7 per month | 2.33 | 0.28 | 6.34 | (3.66) | 17.43 | |
| VZLA | Vizsla Silver Corp | (0.06) | 8 per month | 3.07 | 0.17 | 7.68 | (4.09) | 27.38 | |
| FOM | Foran Mining | 0.07 | 9 per month | 1.37 | 0.32 | 7.18 | (2.56) | 13.97 | |
| LAC | Lithium Americas Corp | (0.15) | 8 per month | 0.00 | (0.04) | 7.03 | (6.82) | 14.29 |
Other Forecasting Options for Labrador Iron
For every potential investor in Labrador, whether a beginner or expert, Labrador Iron's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Labrador Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Labrador. Basic forecasting techniques help filter out the noise by identifying Labrador Iron's price trends.Labrador Iron 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 Labrador Iron stock to make a market-neutral strategy. Peer analysis of Labrador Iron could also be used in its relative valuation, which is a method of valuing Labrador Iron by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Labrador Iron Market Strength Events
Market strength indicators help investors to evaluate how Labrador Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Labrador Iron shares will generate the highest return on investment. By undertsting and applying Labrador Iron stock market strength indicators, traders can identify Labrador Iron Ore entry and exit signals to maximize returns.
Labrador Iron Risk Indicators
The analysis of Labrador Iron'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 Labrador Iron's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting labrador 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 | 0.755 | |||
| Semi Deviation | 0.7958 | |||
| Standard Deviation | 1.06 | |||
| Variance | 1.12 | |||
| Downside Variance | 0.9896 | |||
| Semi Variance | 0.6332 | |||
| Expected Short fall | (0.80) |
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 Labrador Iron
The number of cover stories for Labrador Iron depends on current market conditions and Labrador Iron's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Labrador Iron 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 Labrador Iron'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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Labrador Iron Short Properties
Labrador Iron's future price predictability will typically decrease when Labrador Iron's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Labrador Iron Ore often depends not only on the future outlook of the potential Labrador Iron'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. Labrador Iron's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 64 M | |
| Cash And Short Term Investments | 42.3 M |
Other Information on Investing in Labrador Stock
Labrador Iron financial ratios help investors to determine whether Labrador 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 Labrador with respect to the benefits of owning Labrador Iron security.