Lilium NV Stock Forecast - Naive Prediction

LILMDelisted Stock  USD 0  0.0006  120.00%   
The Naive Prediction forecasted value of Lilium NV on the next trading day is expected to be 0 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.14. Lilium Stock Forecast is based on your current time horizon.
As of now, the value of RSI of Lilium NV's share price is approaching 34. 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 Lilium NV, making its price go up or down.

Momentum 34

 Sell Stretched

 
Oversold
 
Overbought
The successful prediction of Lilium NV's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Lilium NV and does not consider all of the tangible or intangible factors available from Lilium NV's fundamental data. We analyze noise-free headlines and recent hype associated with Lilium NV, which may create opportunities for some arbitrage if properly timed.
Using Lilium NV hype-based prediction, you can estimate the value of Lilium NV from the perspective of Lilium NV response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Lilium NV on the next trading day is expected to be 0 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.14.

Lilium NV after-hype prediction price

    
  USD 0.001375  
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 delisted 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 industry.

Lilium NV Additional Predictive Modules

Most predictive techniques to examine Lilium price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Lilium using various technical indicators. When you analyze Lilium 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.
A naive forecasting model for Lilium NV is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Lilium NV value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Lilium NV Naive Prediction Price Forecast For the 10th of January

Given 90 days horizon, the Naive Prediction forecasted value of Lilium NV on the next trading day is expected to be 0 with a mean absolute deviation of 0, mean absolute percentage error of 0.000011, and the sum of the absolute errors of 0.14.
Please note that although there have been many attempts to predict Lilium 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 Lilium NV's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lilium NV Stock Forecast Pattern

Backtest Lilium NVLilium NV Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Lilium NV stock data series using in forecasting. Note that when a statistical model is used to represent Lilium NV 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 Criteria106.7059
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0024
MAPEMean absolute percentage error1.0373
SAESum of the absolute errors0.1439
This model is not at all useful as a medium-long range forecasting tool of Lilium NV. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Lilium NV. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Lilium NV

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lilium NV. 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
0.0000.00
Details
Intrinsic
Valuation
LowRealHigh
0.0000.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.010.020.06
Details

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

Lilium NV Market Strength Events

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

Lilium NV Risk Indicators

The analysis of Lilium NV'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 Lilium NV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lilium 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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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 industry.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Other Consideration for investing in Lilium Stock

If you are still planning to invest in Lilium NV check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Lilium NV's history and understand the potential risks before investing.
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