LightInTheBox Holding Stock Forecast - 8 Period Moving Average
| LITB Stock | USD 2.03 0.03 1.46% |
The 8 Period Moving Average forecasted value of LightInTheBox Holding Co on the next trading day is expected to be 2.00 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 11.65. LightInTheBox Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast LightInTheBox Holding stock prices and determine the direction of LightInTheBox Holding Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of LightInTheBox Holding's historical fundamentals, such as revenue growth or operating cash flow patterns.
LightInTheBox |
LightInTheBox Holding 8 Period Moving Average Price Forecast For the 23rd of November
Given 90 days horizon, the 8 Period Moving Average forecasted value of LightInTheBox Holding Co on the next trading day is expected to be 2.00 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.12, and the sum of the absolute errors of 11.65.Please note that although there have been many attempts to predict LightInTheBox 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 LightInTheBox Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
LightInTheBox Holding Stock Forecast Pattern
| Backtest LightInTheBox Holding | LightInTheBox Holding Price Prediction | Buy or Sell Advice |
LightInTheBox Holding Forecasted Value
In the context of forecasting LightInTheBox Holding'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. LightInTheBox Holding's downside and upside margins for the forecasting period are 0.02 and 12.14, respectively. We have considered LightInTheBox Holding'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of LightInTheBox Holding stock data series using in forecasting. Note that when a statistical model is used to represent LightInTheBox Holding 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 | 101.3166 |
| Bias | Arithmetic mean of the errors | 0.0783 |
| MAD | Mean absolute deviation | 0.2198 |
| MAPE | Mean absolute percentage error | 0.0775 |
| SAE | Sum of the absolute errors | 11.6475 |
Predictive Modules for LightInTheBox Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LightInTheBox Holding. 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 LightInTheBox Holding'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.
Other Forecasting Options for LightInTheBox Holding
For every potential investor in LightInTheBox, whether a beginner or expert, LightInTheBox Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LightInTheBox Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LightInTheBox. Basic forecasting techniques help filter out the noise by identifying LightInTheBox Holding's price trends.LightInTheBox Holding 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 LightInTheBox Holding stock to make a market-neutral strategy. Peer analysis of LightInTheBox Holding could also be used in its relative valuation, which is a method of valuing LightInTheBox Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LightInTheBox Holding 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 LightInTheBox Holding'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 LightInTheBox Holding's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
LightInTheBox Holding Market Strength Events
Market strength indicators help investors to evaluate how LightInTheBox Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LightInTheBox Holding shares will generate the highest return on investment. By undertsting and applying LightInTheBox Holding stock market strength indicators, traders can identify LightInTheBox Holding Co entry and exit signals to maximize returns.
| Accumulation Distribution | 1365.99 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1.99 | |||
| Day Typical Price | 2.0 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | (0.03) |
LightInTheBox Holding Risk Indicators
The analysis of LightInTheBox Holding'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 LightInTheBox Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lightinthebox 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 | 5.67 | |||
| Standard Deviation | 10.06 | |||
| Variance | 101.24 |
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.When determining whether LightInTheBox Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightInTheBox Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lightinthebox Holding Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightinthebox Holding Co Stock:Check out Historical Fundamental Analysis of LightInTheBox Holding to cross-verify your projections. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LightInTheBox Holding. If investors know LightInTheBox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LightInTheBox Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.054 | Earnings Share (0.36) | Revenue Per Share 23.12 | Quarterly Revenue Growth (0.64) | Return On Assets (0.04) |
The market value of LightInTheBox Holding is measured differently than its book value, which is the value of LightInTheBox that is recorded on the company's balance sheet. Investors also form their own opinion of LightInTheBox Holding's value that differs from its market value or its book value, called intrinsic value, which is LightInTheBox Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LightInTheBox Holding's market value can be influenced by many factors that don't directly affect LightInTheBox Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LightInTheBox Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if LightInTheBox Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightInTheBox Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.