Eli Lilly Stock Forward View

Eli Lilly Additional Predictive Modules

Most predictive techniques to examine Eli price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eli using various technical indicators. When you analyze Eli 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 Eli Lilly is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Eli Lilly CDR 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.

Eli Lilly Naive Prediction Price Forecast For the 8th of February

Given 90 days horizon, the Naive Prediction forecasted value of Eli Lilly CDR on the next trading day is expected to be 40.09 with a mean absolute deviation of 0.74, mean absolute percentage error of 0.84, and the sum of the absolute errors of 43.04.

Eli Lilly Stock Forecast Pattern

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Eli Lilly Price Prediction

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Eli Lilly Forecasted Value

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 Eli Lilly stock data series using in forecasting. Note that when a statistical model is used to represent Eli Lilly 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. This model is not at all useful as a medium-long range forecasting tool of Eli Lilly CDR. 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 Eli Lilly. 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 Eli Lilly

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eli Lilly CDR. 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 Low Estimated High 35.90 38.40 40.90 Details

Intrinsic Valuation Low Real High 35.71 38.21 40.71 Details

Bollinger Band Projection (param) Low Middle High 35.97 38.21 40.46 Details

Eli Lilly After-Hype Price Density Analysis

Eli Lilly Estimiated After-Hype Price Volatility

Eli Lilly Stock Price Outlook Analysis

Notes

Eli Lilly Hype Timeline

Eli Lilly CDR is now traded for 38.40on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Eli is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is now at 0.09%. %. The volatility of related hype on Eli Lilly is about 0.0%, with the expected price after the next announcement by competition of 38.40. The company has Price/Earnings To Growth (PEG) ratio of 0.97. Eli Lilly CDR recorded earning per share (EPS) of 20.45. The entity had not issued any dividends in recent years. Assuming the 90 days trading horizon the next anticipated press release will be uncertain. Check out Historical Fundamental Analysis of Eli Lilly to cross-verify your projections.

Eli Lilly Related Hype Analysis

Other Forecasting Options for Eli Lilly

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

Eli Lilly Related Equities

Risk & Return

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Eli Lilly Market Strength Events

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