Logansport Financial OTC Stock Forecast - Naive Prediction

Logansport Financial Additional Predictive Modules

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

Logansport Financial Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Logansport Financial Corp on the next trading day is expected to be 32.53 with a mean absolute deviation of 0.37, mean absolute percentage error of 0.24, and the sum of the absolute errors of 22.76.

Logansport Financial OTC Stock Forecast Pattern

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Logansport Financial Price Prediction

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Logansport Financial 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 Logansport Financial otc stock data series using in forecasting. Note that when a statistical model is used to represent Logansport Financial otc 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 Logansport Financial Corp. 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 Logansport Financial. 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 Logansport Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Logansport Financial Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 30.78 32.00 33.22 Details

Intrinsic Valuation Low Real High 30.56 31.78 33.00 Details

Bollinger Band Projection (param) Low Middle High 30.99 32.57 34.14 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Logansport Financial. Your research has to be compared to or analyzed against Logansport Financial's peers to derive any actionable benefits. When done correctly, Logansport Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Logansport Financial Corp.

Logansport Financial After-Hype Price Prediction Density Analysis

Logansport Financial Estimiated After-Hype Price Volatility

Logansport Financial OTC Stock Price Prediction Analysis

Logansport Financial Hype Timeline

Logansport Financial Corp is now traded for 32.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.08. Logansport is forecasted 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 forecasted to be very small, whereas the daily expected return is now at 0.14%. %. The volatility of related hype on Logansport Financial is about 219.82%, with the expected price after the next announcement by competition of 31.92. The company has price-to-book ratio of 0.84. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Logansport Financial Corp recorded earning per share (EPS) of 5.26. The entity last dividend was issued on the 14th of December 2022. The firm had 125:100 split on the 14th of April 2021. Given the investment horizon of 90 days the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Logansport Financial to cross-verify your projections.

Logansport Financial Related Hype Analysis

Other Forecasting Options for Logansport Financial

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

Logansport Financial Related Equities

Risk & Return

Correlation

Logansport Financial Market Strength Events

Logansport Financial Risk Indicators

Story Coverage note for Logansport Financial

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