Luda Technology Stock Forecast - Simple Exponential Smoothing
| LUD Stock | 9.02 0.41 4.35% |
The Simple Exponential Smoothing forecasted value of Luda Technology Group on the next trading day is expected to be 9.04 with a mean absolute deviation of 0.58 and the sum of the absolute errors of 35.31. Luda Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Luda Technology stock prices and determine the direction of Luda Technology Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Luda Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The value of RSI of Luda Technology's share price is at 51. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Luda Technology, making its price go up or down. Momentum 51
Impartial
Oversold | Overbought |
Using Luda Technology hype-based prediction, you can estimate the value of Luda Technology Group from the perspective of Luda Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Luda Technology Group on the next trading day is expected to be 9.04 with a mean absolute deviation of 0.58 and the sum of the absolute errors of 35.31. Luda Technology after-hype prediction price | USD 9.02 |
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.
Check out Historical Fundamental Analysis of Luda Technology to cross-verify your projections. Luda Technology Additional Predictive Modules
Most predictive techniques to examine Luda price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Luda using various technical indicators. When you analyze Luda 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 |
Luda Technology Simple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Luda Technology Group on the next trading day is expected to be 9.04 with a mean absolute deviation of 0.58, mean absolute percentage error of 0.59, and the sum of the absolute errors of 35.31.Please note that although there have been many attempts to predict Luda 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 Luda Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Luda Technology Stock Forecast Pattern
| Backtest Luda Technology | Luda Technology Price Prediction | Buy or Sell Advice |
Luda Technology Forecasted Value
In the context of forecasting Luda Technology'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. Luda Technology's downside and upside margins for the forecasting period are 0.09 and 19.34, respectively. We have considered Luda Technology'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 Luda Technology stock data series using in forecasting. Note that when a statistical model is used to represent Luda Technology 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 | 117.5843 |
| Bias | Arithmetic mean of the errors | -0.0047 |
| MAD | Mean absolute deviation | 0.5789 |
| MAPE | Mean absolute percentage error | 0.0712 |
| SAE | Sum of the absolute errors | 35.3132 |
Predictive Modules for Luda Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Luda Technology 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Luda Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Luda Technology After-Hype Price Prediction Density Analysis
As far as predicting the price of Luda Technology 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 Luda Technology 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 Luda Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Luda Technology Estimiated After-Hype Price Volatility
In the context of predicting Luda Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Luda Technology's historical news coverage. Luda Technology's after-hype downside and upside margins for the prediction period are 0.45 and 19.24, respectively. We have considered Luda Technology'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
Luda Technology is risky at this time. Analysis and calculation of next after-hype price of Luda Technology Group is based on 3 months time horizon.
Luda Technology Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Luda Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Luda Technology 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 Luda Technology, 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 |
0.55 | 10.31 | 0.00 | 0.29 | 0 Events / Month | 6 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
9.02 | 9.02 | 0.00 |
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Luda Technology Hype Timeline
On the 23rd of January Luda Technology Group is traded for 9.02. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.29. Luda is anticipated 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 anticipated to be very small, whereas the daily expected return is now at 0.55%. %. The volatility of related hype on Luda Technology is about 1923.51%, with the expected price after the next announcement by competition of 8.73. About 88.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.08. Luda Technology Group had not issued any dividends in recent years. Considering the 90-day investment horizon the next anticipated press release will be uncertain. Check out Historical Fundamental Analysis of Luda Technology to cross-verify your projections.Luda Technology Related Hype Analysis
Having access to credible news sources related to Luda Technology's direct competition is more important than ever and may enhance your ability to predict Luda Technology's future price movements. Getting to know how Luda Technology'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 Luda Technology may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FRD | Friedman Industries Common | (1.41) | 6 per month | 3.42 | (0.02) | 5.33 | (5.84) | 16.36 | |
| FF | FutureFuel Corp | (1.41) | 6 per month | 0.00 | (0.13) | 3.26 | (3.98) | 14.81 | |
| TRX | Tanzanian Royalty Exploration | 0.68 | 18 per month | 3.83 | 0.14 | 6.67 | (6.35) | 20.25 | |
| ACNT | Synalloy | 0.19 | 8 per month | 0.93 | 0.19 | 4.58 | (2.17) | 10.64 | |
| SMID | Smith Midland Corp | (1.45) | 7 per month | 3.19 | (0.02) | 4.54 | (5.17) | 13.48 | |
| HLP | Hongli Group Ordinary | (0.05) | 3 per month | 0.00 | (0.15) | 6.49 | (7.83) | 43.09 | |
| BHST | BioHarvest Sciences Common | 0.00 | 0 per month | 0.00 | (0.21) | 9.49 | (8.30) | 22.97 | |
| VGZ | Vista Gold | 0.13 | 9 per month | 3.92 | 0.01 | 7.65 | (7.66) | 22.77 | |
| LVRO | Lavoro Limited Class | (1.41) | 12 per month | 6.45 | 0.03 | 12.33 | (13.33) | 160.48 | |
| CMT | Core Molding Technologies | (0.63) | 20 per month | 3.14 | (0.01) | 3.78 | (5.13) | 13.25 |
Other Forecasting Options for Luda Technology
For every potential investor in Luda, whether a beginner or expert, Luda Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Luda Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Luda. Basic forecasting techniques help filter out the noise by identifying Luda Technology's price trends.Luda Technology 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 Luda Technology stock to make a market-neutral strategy. Peer analysis of Luda Technology could also be used in its relative valuation, which is a method of valuing Luda Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Luda Technology Market Strength Events
Market strength indicators help investors to evaluate how Luda Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Luda Technology shares will generate the highest return on investment. By undertsting and applying Luda Technology stock market strength indicators, traders can identify Luda Technology Group entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 9.02 | |||
| Day Typical Price | 9.02 | |||
| Price Action Indicator | (0.21) | |||
| Period Momentum Indicator | (0.41) | |||
| Relative Strength Index | 51.68 |
Luda Technology Risk Indicators
The analysis of Luda Technology'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 Luda Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting luda 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 | 7.53 | |||
| Semi Deviation | 8.23 | |||
| Standard Deviation | 10.22 | |||
| Variance | 104.5 | |||
| Downside Variance | 70.33 | |||
| Semi Variance | 67.65 | |||
| Expected Short fall | (9.04) |
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 Luda Technology
The number of cover stories for Luda Technology depends on current market conditions and Luda Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Luda Technology 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 Luda Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Luda Technology Short Properties
Luda Technology's future price predictability will typically decrease when Luda Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Luda Technology Group often depends not only on the future outlook of the potential Luda Technology'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. Luda Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.5 M | |
| Cash And Short Term Investments | 9.5 M |
Check out Historical Fundamental Analysis of Luda Technology to cross-verify your projections. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Stock space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Luda Technology. If investors know Luda will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Luda Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Luda Technology Group is measured differently than its book value, which is the value of Luda that is recorded on the company's balance sheet. Investors also form their own opinion of Luda Technology's value that differs from its market value or its book value, called intrinsic value, which is Luda Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luda Technology's market value can be influenced by many factors that don't directly affect Luda Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Luda Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luda Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luda Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.