Lotus Retail Stock Forecast - Double Exponential Smoothing
LPF Stock | THB 12.70 0.00 0.00% |
The Double Exponential Smoothing forecasted value of Lotus Retail Growth on the next trading day is expected to be 12.68 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.92. Lotus Stock Forecast is based on your current time horizon.
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Lotus Retail Double Exponential Smoothing Price Forecast For the 30th of November
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Lotus Retail Growth on the next trading day is expected to be 12.68 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.92.Please note that although there have been many attempts to predict Lotus 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 Lotus Retail's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Lotus Retail Stock Forecast Pattern
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Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Lotus Retail stock data series using in forecasting. Note that when a statistical model is used to represent Lotus Retail 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 | Huge |
Bias | Arithmetic mean of the errors | -0.0228 |
MAD | Mean absolute deviation | 0.1342 |
MAPE | Mean absolute percentage error | 0.0102 |
SAE | Sum of the absolute errors | 7.9205 |
Predictive Modules for Lotus Retail
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lotus Retail Growth. 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.Lotus Retail 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 Lotus Retail stock to make a market-neutral strategy. Peer analysis of Lotus Retail could also be used in its relative valuation, which is a method of valuing Lotus Retail by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Lotus Retail Market Strength Events
Market strength indicators help investors to evaluate how Lotus Retail stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lotus Retail shares will generate the highest return on investment. By undertsting and applying Lotus Retail stock market strength indicators, traders can identify Lotus Retail Growth entry and exit signals to maximize returns.
Accumulation Distribution | 0.0156 | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 12.7 | |||
Day Typical Price | 12.7 | |||
Market Facilitation Index | 0.2 |
Lotus Retail Risk Indicators
The analysis of Lotus Retail'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 Lotus Retail's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lotus 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 | 0.9808 | |||
Semi Deviation | 1.16 | |||
Standard Deviation | 1.39 | |||
Variance | 1.92 | |||
Downside Variance | 2.59 | |||
Semi Variance | 1.34 | |||
Expected Short fall | (1.30) |
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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Lotus Retail financial ratios help investors to determine whether Lotus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lotus with respect to the benefits of owning Lotus Retail security.