Loomis AB Pink Sheet Forecast - Naive Prediction

Loomis AB Additional Predictive Modules

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

Loomis AB Naive Prediction Price Forecast For the 23rd of January

Given 90 days horizon, the Naive Prediction forecasted value of Loomis AB on the next trading day is expected to be 39.51 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.

Loomis AB Pink Sheet Forecast Pattern

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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 Loomis AB pink sheet data series using in forecasting. Note that when a statistical model is used to represent Loomis AB 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 Loomis AB. 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 Loomis AB. 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 Loomis AB

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Loomis AB. 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 39.51 39.51 39.51 Details

Intrinsic Valuation Low Real High 33.58 33.58 43.46 Details

Bollinger Band Projection (param) Low Middle High 39.51 39.51 39.51 Details

Loomis AB After-Hype Price Prediction Density Analysis

Loomis AB Estimiated After-Hype Price Volatility

Loomis AB Pink Sheet Price Prediction Analysis

Loomis AB Hype Timeline

Loomis AB is now traded for 39.51. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Loomis is expected 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 expected to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on Loomis AB is about 0.0%, with the expected price after the next announcement by competition of 39.51. About 61.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.7. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Loomis AB last dividend was issued on the 5th of May 2022. Assuming the 90 days horizon the next expected press release will be uncertain. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Loomis AB Related Hype Analysis

Loomis AB Related Equities

Risk & Return

Correlation

Loomis AB Market Strength Events

Story Coverage note for Loomis AB

Loomis AB Short Properties

Other Consideration for investing in Loomis Pink Sheet