Alliant Energy Stock Forecast - Naive Prediction
| LNT Stock | USD 63.20 0.97 1.56% |
The Naive Prediction forecasted value of Alliant Energy Corp on the next trading day is expected to be 66.24 with a mean absolute deviation of 0.70 and the sum of the absolute errors of 42.71. Alliant Stock Forecast is based on your current time horizon.
Alliant |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Alliant Energy's financial statements to predict how it will affect future prices.
Cash | First Reported 1994-03-31 | Previous Quarter 92 M | Current Value 827 M | Quarterly Volatility 138.8 M |
Alliant Energy Naive Prediction Price Forecast For the 23rd of November
Given 90 days horizon, the Naive Prediction forecasted value of Alliant Energy Corp on the next trading day is expected to be 66.24 with a mean absolute deviation of 0.70, mean absolute percentage error of 0.80, and the sum of the absolute errors of 42.71.Please note that although there have been many attempts to predict Alliant 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 Alliant Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Alliant Energy Stock Forecast Pattern
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Alliant Energy Forecasted Value
In the context of forecasting Alliant Energy'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. Alliant Energy's downside and upside margins for the forecasting period are 65.00 and 67.48, respectively. We have considered Alliant Energy'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Alliant Energy stock data series using in forecasting. Note that when a statistical model is used to represent Alliant Energy 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 | 117.8889 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.7002 |
| MAPE | Mean absolute percentage error | 0.0117 |
| SAE | Sum of the absolute errors | 42.7114 |
Predictive Modules for Alliant Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alliant Energy Corp. 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 Alliant Energy
For every potential investor in Alliant, whether a beginner or expert, Alliant Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alliant Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alliant. Basic forecasting techniques help filter out the noise by identifying Alliant Energy's price trends.Alliant Energy 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 Alliant Energy stock to make a market-neutral strategy. Peer analysis of Alliant Energy could also be used in its relative valuation, which is a method of valuing Alliant Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alliant Energy Corp 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 Alliant Energy'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 Alliant Energy's current price.| Cycle Indicators | ||
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Alliant Energy Market Strength Events
Market strength indicators help investors to evaluate how Alliant Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alliant Energy shares will generate the highest return on investment. By undertsting and applying Alliant Energy stock market strength indicators, traders can identify Alliant Energy Corp entry and exit signals to maximize returns.
Alliant Energy Risk Indicators
The analysis of Alliant Energy'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 Alliant Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alliant 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 | 0.9028 | |||
| Semi Deviation | 1.01 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.49 | |||
| Downside Variance | 1.33 | |||
| Semi Variance | 1.02 | |||
| Expected Short fall | (1.02) |
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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Additional Tools for Alliant Stock Analysis
When running Alliant Energy's price analysis, check to measure Alliant Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alliant Energy is operating at the current time. Most of Alliant Energy's value examination focuses on studying past and present price action to predict the probability of Alliant Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliant Energy's price. Additionally, you may evaluate how the addition of Alliant Energy to your portfolios can decrease your overall portfolio volatility.