Latham Stock Forward View - Polynomial Regression
| SWIM Stock | USD 6.32 0.44 6.51% |
Latham Stock outlook is based on your current time horizon.
As of now, the value of RSI of Latham's share price is approaching 44. This usually implies 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 Latham, making its price go up or down. Momentum 44
Sell Extended
Oversold | Overbought |
Using Latham hype-based prediction, you can estimate the value of Latham Group from the perspective of Latham response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Latham Group on the next trading day is expected to be 6.69 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.86. Latham after-hype prediction price | USD 6.32 |
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 Latham to cross-verify your projections. Latham Additional Predictive Modules
Most predictive techniques to examine Latham price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Latham using various technical indicators. When you analyze Latham 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 |
Latham Polynomial Regression Price Forecast For the 31st of January
Given 90 days horizon, the Polynomial Regression forecasted value of Latham Group on the next trading day is expected to be 6.69 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.09, and the sum of the absolute errors of 15.86.Please note that although there have been many attempts to predict Latham 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 Latham's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Latham Stock Forecast Pattern
| Backtest Latham | Latham Price Prediction | Buy or Sell Advice |
Latham Forecasted Value
In the context of forecasting Latham'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. Latham's downside and upside margins for the forecasting period are 3.99 and 9.39, respectively. We have considered Latham'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Latham stock data series using in forecasting. Note that when a statistical model is used to represent Latham 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 | 115.6792 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.26 |
| MAPE | Mean absolute percentage error | 0.039 |
| SAE | Sum of the absolute errors | 15.8617 |
Predictive Modules for Latham
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Latham 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.Latham After-Hype Price Density Analysis
As far as predicting the price of Latham 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 Latham 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 Latham, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Latham Estimiated After-Hype Price Volatility
In the context of predicting Latham's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Latham's historical news coverage. Latham's after-hype downside and upside margins for the prediction period are 3.64 and 9.00, respectively. We have considered Latham'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
Latham is slightly risky at this time. Analysis and calculation of next after-hype price of Latham Group is based on 3 months time horizon.
Latham Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Latham is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Latham 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 Latham, 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 |
0.20 | 2.70 | 0.03 | 0.14 | 10 Events / Month | 7 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
6.32 | 6.32 | 0.00 |
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Latham Hype Timeline
Latham Group is at this time traded for 6.32. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.14. Latham 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at -0.2%. %. The volatility of related hype on Latham is about 395.31%, with the expected price after the next announcement by competition of 6.46. About 97.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.8. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Latham Group has Price/Earnings To Growth (PEG) ratio of 0.14. The entity recorded a loss per share of 0.1. The firm had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days. Check out Historical Fundamental Analysis of Latham to cross-verify your projections.Latham Related Hype Analysis
Having access to credible news sources related to Latham's direct competition is more important than ever and may enhance your ability to predict Latham's future price movements. Getting to know how Latham'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 Latham may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| APOG | Apogee Enterprises | 1.61 | 7 per month | 0.00 | (0.03) | 3.67 | (2.80) | 17.56 | |
| ULCC | Frontier Group Holdings | (0.16) | 26 per month | 3.47 | 0.07 | 7.54 | (5.87) | 19.12 | |
| ALTG | Alta Equipment Group | 0.05 | 10 per month | 3.56 | 0.02 | 6.44 | (4.75) | 15.40 | |
| HTZ | Hertz Global Holdings | 0.15 | 7 per month | 3.30 | 0.01 | 7.63 | (5.46) | 43.57 | |
| WLFC | Willis Lease Finance | 4.09 | 11 per month | 2.34 | 0.17 | 5.67 | (3.93) | 11.05 | |
| NX | Quanex Building Products | 0.10 | 7 per month | 2.32 | 0.09 | 6.18 | (4.72) | 14.57 | |
| MEG | Montrose Environmental Grp | 0.05 | 9 per month | 0.00 | (0.14) | 4.41 | (4.62) | 16.56 | |
| ASPN | Aspen Aerogels | 0.59 | 14 per month | 0.00 | (0.16) | 5.25 | (6.54) | 47.59 | |
| GLDD | Great Lakes Dredge | 0.10 | 26 per month | 1.54 | 0.16 | 3.11 | (3.10) | 16.08 | |
| AEBI | Aebi Schmidt Holding | 0.25 | 4 per month | 2.06 | 0.08 | 4.24 | (2.86) | 9.69 |
Other Forecasting Options for Latham
For every potential investor in Latham, whether a beginner or expert, Latham's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Latham Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Latham. Basic forecasting techniques help filter out the noise by identifying Latham's price trends.Latham 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 Latham stock to make a market-neutral strategy. Peer analysis of Latham could also be used in its relative valuation, which is a method of valuing Latham by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Latham Market Strength Events
Market strength indicators help investors to evaluate how Latham stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Latham shares will generate the highest return on investment. By undertsting and applying Latham stock market strength indicators, traders can identify Latham Group entry and exit signals to maximize returns.
Latham Risk Indicators
The analysis of Latham'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 Latham's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting latham 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 | 2.03 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.17 |
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 Latham
The number of cover stories for Latham depends on current market conditions and Latham's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Latham 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 Latham'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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Latham Short Properties
Latham's future price predictability will typically decrease when Latham's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Latham Group often depends not only on the future outlook of the potential Latham'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. Latham's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 115.4 M | |
| Cash And Short Term Investments | 56.4 M |
Check out Historical Fundamental Analysis of Latham to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Will Stock sector continue expanding? Could Latham diversify its offerings? Factors like these will boost the valuation of Latham. If investors know Latham will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Latham data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Latham Group's market price often diverges from its book value, the accounting figure shown on Latham's balance sheet. Smart investors calculate Latham's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Latham's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Latham's value and its price as these two are different measures arrived at by different means. Investors typically determine if Latham is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Latham'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.