Lunai Bioworks Stock Forecast - Simple Exponential Smoothing
| LNAI Stock | 0.99 0.04 3.88% |
The Simple Exponential Smoothing forecasted value of Lunai Bioworks on the next trading day is expected to be 0.99 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.26. Lunai Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Lunai Bioworks' historical fundamentals, such as revenue growth or operating cash flow patterns.
Lunai Bioworks Simple Exponential Smoothing Price Forecast For the 26th of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Lunai Bioworks on the next trading day is expected to be 0.99 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.26.Please note that although there have been many attempts to predict Lunai 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 Lunai Bioworks' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Lunai Bioworks Stock Forecast Pattern
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Lunai Bioworks Forecasted Value
In the context of forecasting Lunai Bioworks' 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. Lunai Bioworks' downside and upside margins for the forecasting period are 0.01 and 10.60, respectively. We have considered Lunai Bioworks' 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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Lunai Bioworks stock data series using in forecasting. Note that when a statistical model is used to represent Lunai Bioworks 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 | 111.7097 |
| Bias | Arithmetic mean of the errors | 0.0096 |
| MAD | Mean absolute deviation | 0.071 |
| MAPE | Mean absolute percentage error | 0.0624 |
| SAE | Sum of the absolute errors | 4.2588 |
Predictive Modules for Lunai Bioworks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lunai Bioworks. 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 Lunai Bioworks
For every potential investor in Lunai, whether a beginner or expert, Lunai Bioworks' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lunai Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lunai. Basic forecasting techniques help filter out the noise by identifying Lunai Bioworks' price trends.Lunai Bioworks 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 Lunai Bioworks stock to make a market-neutral strategy. Peer analysis of Lunai Bioworks could also be used in its relative valuation, which is a method of valuing Lunai Bioworks by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lunai Bioworks 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 Lunai Bioworks' 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 Lunai Bioworks' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Lunai Bioworks Market Strength Events
Market strength indicators help investors to evaluate how Lunai Bioworks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lunai Bioworks shares will generate the highest return on investment. By undertsting and applying Lunai Bioworks stock market strength indicators, traders can identify Lunai Bioworks entry and exit signals to maximize returns.
Lunai Bioworks Risk Indicators
The analysis of Lunai Bioworks' 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 Lunai Bioworks' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lunai 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 | 6.44 | |||
| Standard Deviation | 9.61 | |||
| Variance | 92.33 |
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 Historical Fundamental Analysis of Lunai Bioworks to cross-verify your projections. For more detail on how to invest in Lunai Stock please use our How to Invest in Lunai Bioworks guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Biotechnology 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 Lunai Bioworks. If investors know Lunai 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 Lunai Bioworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Lunai Bioworks is measured differently than its book value, which is the value of Lunai that is recorded on the company's balance sheet. Investors also form their own opinion of Lunai Bioworks' value that differs from its market value or its book value, called intrinsic value, which is Lunai Bioworks' 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 Lunai Bioworks' market value can be influenced by many factors that don't directly affect Lunai Bioworks' 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 Lunai Bioworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lunai Bioworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lunai Bioworks' 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.