Lery Seafood Stock Forecast - Simple Exponential Smoothing
| LSG Stock | NOK 46.06 0.14 0.30% |
The Simple Exponential Smoothing forecasted value of Lery Seafood Group on the next trading day is expected to be 46.06 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.84. Lery Stock Forecast is based on your current time horizon.
As of now, the value of RSI of Lery Seafood's share price is approaching 38. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Lery Seafood, making its price go up or down. Momentum 38
Sell Extended
Oversold | Overbought |
Using Lery Seafood hype-based prediction, you can estimate the value of Lery Seafood Group from the perspective of Lery Seafood response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Lery Seafood Group on the next trading day is expected to be 46.06 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.84. Lery Seafood after-hype prediction price | NOK 46.06 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Lery |
Lery Seafood Additional Predictive Modules
Most predictive techniques to examine Lery price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Lery using various technical indicators. When you analyze Lery 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Lery Seafood Simple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Lery Seafood Group on the next trading day is expected to be 46.06 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.38, and the sum of the absolute errors of 28.84.Please note that although there have been many attempts to predict Lery 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 Lery Seafood's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Lery Seafood Stock Forecast Pattern
| Backtest Lery Seafood | Lery Seafood Price Prediction | Buy or Sell Advice |
Lery Seafood Forecasted Value
In the context of forecasting Lery Seafood'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. Lery Seafood's downside and upside margins for the forecasting period are 44.78 and 47.34, respectively. We have considered Lery Seafood'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Lery Seafood stock data series using in forecasting. Note that when a statistical model is used to represent Lery Seafood 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 | 117.1357 |
| Bias | Arithmetic mean of the errors | 0.0908 |
| MAD | Mean absolute deviation | 0.4728 |
| MAPE | Mean absolute percentage error | 0.0099 |
| SAE | Sum of the absolute errors | 28.84 |
Predictive Modules for Lery Seafood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lery Seafood Group. 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.Lery Seafood After-Hype Price Prediction Density Analysis
As far as predicting the price of Lery Seafood at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Lery Seafood or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Lery Seafood, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Lery Seafood Estimiated After-Hype Price Volatility
In the context of predicting Lery Seafood's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Lery Seafood's historical news coverage. Lery Seafood's after-hype downside and upside margins for the prediction period are 44.79 and 47.33, respectively. We have considered Lery Seafood's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Lery Seafood is very steady at this time. Analysis and calculation of next after-hype price of Lery Seafood Group is based on 3 months time horizon.
Lery Seafood Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Lery Seafood is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Lery Seafood backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Lery Seafood, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.15 | 1.28 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
46.06 | 46.06 | 0.00 |
|
Lery Seafood Hype Timeline
Lery Seafood Group is now traded for 46.06on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Lery 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 -0.15%. %. The volatility of related hype on Lery Seafood is about 0.0%, with the expected price after the next announcement by competition of 46.06. About 53.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.6. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Lery Seafood Group has Price/Earnings To Growth (PEG) ratio of 2.23. The entity recorded earning per share (EPS) of 5.8. The firm last dividend was issued on the 24th of May 2022. Lery Seafood had 10:1 split on the 24th of May 2017. Assuming the 90 days trading horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Lery Seafood to cross-verify your projections.Lery Seafood Related Hype Analysis
Having access to credible news sources related to Lery Seafood's direct competition is more important than ever and may enhance your ability to predict Lery Seafood's future price movements. Getting to know how Lery Seafood's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Lery Seafood may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BAKKA | Pf Bakkafrost | 0.00 | 0 per month | 0.00 | (0.13) | 2.50 | (2.74) | 8.00 | |
| AUSS | Austevoll Seafood ASA | 0.00 | 0 per month | 0.00 | (0.15) | 1.90 | (1.66) | 5.62 | |
| EPR | Europris ASA | 0.00 | 0 per month | 0.00 | (0.14) | 1.86 | (2.47) | 13.92 | |
| DELIA | Dellia Grp ASA | 0.00 | 0 per month | 2.11 | 0.13 | 7.92 | (3.75) | 35.94 | |
| AKBM | Aker Biomarine AS | 0.00 | 0 per month | 1.36 | 0.05 | 3.74 | (2.44) | 7.86 | |
| GSF | Grieg Seafood ASA | 0.00 | 0 per month | 0.00 | (0.1) | 2.59 | (2.41) | 9.97 | |
| ISLAX | Icelandic Salmon As | 0.00 | 0 per month | 0.00 | (0.07) | 3.66 | (4.26) | 11.41 | |
| AFISH | Arctic Fish Holding | 0.00 | 0 per month | 0.00 | (0.03) | 7.33 | (9.71) | 30.95 | |
| BARRA | Barramundi Group | 0.00 | 0 per month | 8.03 | (0) | 13.95 | (16.67) | 74.26 | |
| ASA | Atlantic Sapphire As | 0.00 | 0 per month | 0.00 | (0.09) | 5.28 | (4.69) | 15.37 |
Other Forecasting Options for Lery Seafood
For every potential investor in Lery, whether a beginner or expert, Lery Seafood's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lery Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lery. Basic forecasting techniques help filter out the noise by identifying Lery Seafood's price trends.Lery Seafood 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 Lery Seafood stock to make a market-neutral strategy. Peer analysis of Lery Seafood could also be used in its relative valuation, which is a method of valuing Lery Seafood by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lery Seafood Market Strength Events
Market strength indicators help investors to evaluate how Lery Seafood stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lery Seafood shares will generate the highest return on investment. By undertsting and applying Lery Seafood stock market strength indicators, traders can identify Lery Seafood Group entry and exit signals to maximize returns.
Lery Seafood Risk Indicators
The analysis of Lery Seafood'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 Lery Seafood's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lery 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 | 0.9737 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.64 |
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.
Story Coverage note for Lery Seafood
The number of cover stories for Lery Seafood depends on current market conditions and Lery Seafood's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Lery Seafood is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Lery Seafood's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Lery Seafood Short Properties
Lery Seafood's future price predictability will typically decrease when Lery Seafood's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Lery Seafood Group often depends not only on the future outlook of the potential Lery Seafood's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Lery Seafood's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 595.5 M | |
| Cash And Short Term Investments | 4.2 B |
Other Information on Investing in Lery Stock
Lery Seafood financial ratios help investors to determine whether Lery 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 Lery with respect to the benefits of owning Lery Seafood security.