Lenzing Aktiengesellscha Pink Sheet Forecast - Naive Prediction

Lenzing Aktiengesellscha Additional Predictive Modules

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

Lenzing Aktiengesellscha Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of Lenzing Aktiengesellschaft on the next trading day is expected to be 29.78 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.34, and the sum of the absolute errors of 26.72.

Lenzing Aktiengesellscha Pink Sheet Forecast Pattern

Backtest Lenzing Aktiengesellscha

Lenzing Aktiengesellscha Price Prediction

Buy or Sell Advice

Lenzing Aktiengesellscha 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 Lenzing Aktiengesellscha pink sheet data series using in forecasting. Note that when a statistical model is used to represent Lenzing Aktiengesellscha pink sheet, 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 Lenzing Aktiengesellschaft. 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 Lenzing Aktiengesellscha. 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 Lenzing Aktiengesellscha

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lenzing Aktiengesellscha. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 27.93 29.97 32.01 Details

Intrinsic Valuation Low Real High 27.19 29.23 31.27 Details

Bollinger Band Projection (param) Low Middle High 23.86 27.45 31.04 Details

Lenzing Aktiengesellscha After-Hype Price Prediction Density Analysis

Lenzing Aktiengesellscha Estimiated After-Hype Price Volatility

Lenzing Aktiengesellscha Pink Sheet Price Prediction Analysis

Lenzing Aktiengesellscha Hype Timeline

Lenzing Aktiengesellscha is now traded for 29.97. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Lenzing is estimated 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 estimated to be very small, whereas the daily expected return is now at -0.04%. %. The volatility of related hype on Lenzing Aktiengesellscha is about 0.0%, with the expected price after the next announcement by competition of 29.97. About 57.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.91. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Lenzing Aktiengesellscha has Price/Earnings (P/E) ratio of 286.49. The entity last dividend was issued on the 29th of April 2022. The firm had 7:1 split on the 28th of December 2010. Assuming the 90 days horizon the next estimated press release will be uncertain. Check out Historical Fundamental Analysis of Lenzing Aktiengesellscha to cross-verify your projections.

Lenzing Aktiengesellscha Related Hype Analysis

Other Forecasting Options for Lenzing Aktiengesellscha

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

Lenzing Aktiengesellscha Related Equities

Risk & Return

Correlation

Lenzing Aktiengesellscha Market Strength Events

Lenzing Aktiengesellscha Risk Indicators

Story Coverage note for Lenzing Aktiengesellscha

Other Macroaxis Stories

Other Information on Investing in Lenzing Pink Sheet