Lyell Immunopharma Stock Forecast - Naive Prediction
| LYEL Stock | USD 0.91 0.04 4.21% |
The Naive Prediction forecasted value of Lyell Immunopharma on the next trading day is expected to be 0.63 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.50. Lyell Stock Forecast is based on your current time horizon. Although Lyell Immunopharma's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Lyell Immunopharma's systematic risk associated with finding meaningful patterns of Lyell Immunopharma fundamentals over time.
Lyell |
Lyell Immunopharma Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Lyell Immunopharma's financial statements, predicting their influence on future market prices.
Cash | First Reported 2010-12-31 | Previous Quarter 145.6 M | Current Value 176 M | Quarterly Volatility 53.3 M |
Lyell Immunopharma Naive Prediction Price Forecast For the 26th of November
Given 90 days horizon, the Naive Prediction forecasted value of Lyell Immunopharma on the next trading day is expected to be 0.63 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.50.Please note that although there have been many attempts to predict Lyell 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 Lyell Immunopharma's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Lyell Immunopharma Stock Forecast Pattern
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Lyell Immunopharma Forecasted Value
In the context of forecasting Lyell Immunopharma'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. Lyell Immunopharma's downside and upside margins for the forecasting period are 0.01 and 7.64, respectively. We have considered Lyell Immunopharma'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Lyell Immunopharma stock data series using in forecasting. Note that when a statistical model is used to represent Lyell Immunopharma 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 | 113.6404 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0902 |
| MAPE | Mean absolute percentage error | 0.0765 |
| SAE | Sum of the absolute errors | 5.502 |
Predictive Modules for Lyell Immunopharma
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lyell Immunopharma. 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 Lyell Immunopharma'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.
Other Forecasting Options for Lyell Immunopharma
For every potential investor in Lyell, whether a beginner or expert, Lyell Immunopharma's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lyell Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lyell. Basic forecasting techniques help filter out the noise by identifying Lyell Immunopharma's price trends.View Lyell Immunopharma Related Equities
| Risk & Return | Correlation |
Lyell Immunopharma Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Lyell Immunopharma's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Lyell Immunopharma's current price.| Cycle Indicators | ||
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Lyell Immunopharma Market Strength Events
Market strength indicators help investors to evaluate how Lyell Immunopharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lyell Immunopharma shares will generate the highest return on investment. By undertsting and applying Lyell Immunopharma stock market strength indicators, traders can identify Lyell Immunopharma entry and exit signals to maximize returns.
| Accumulation Distribution | 606994.0 | |||
| Daily Balance Of Power | (0.24) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 0.96 | |||
| Day Typical Price | 0.94 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.04) | |||
| Relative Strength Index | 52.26 |
Lyell Immunopharma Risk Indicators
The analysis of Lyell Immunopharma'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 Lyell Immunopharma's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lyell 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 | 4.99 | |||
| Standard Deviation | 7.05 | |||
| Variance | 49.67 |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Lyell Immunopharma to cross-verify your projections. For more information on how to buy Lyell Stock please use our How to buy in Lyell Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Biotechnology 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 Lyell Immunopharma. If investors know Lyell 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 Lyell Immunopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.79) | Quarterly Revenue Growth 0.36 | Return On Assets (0.19) | Return On Equity (0.33) |
The market value of Lyell Immunopharma is measured differently than its book value, which is the value of Lyell that is recorded on the company's balance sheet. Investors also form their own opinion of Lyell Immunopharma's value that differs from its market value or its book value, called intrinsic value, which is Lyell Immunopharma'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 Lyell Immunopharma's market value can be influenced by many factors that don't directly affect Lyell Immunopharma'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 Lyell Immunopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lyell Immunopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lyell Immunopharma'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.