JLF INVESTMENT Stock Forecast - Simple Regression
CP2 Stock | EUR 0.01 0.00 0.00% |
The Simple Regression forecasted value of JLF INVESTMENT on the next trading day is expected to be 0.01 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. JLF Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast JLF INVESTMENT stock prices and determine the direction of JLF INVESTMENT's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of JLF INVESTMENT's historical fundamentals, such as revenue growth or operating cash flow patterns.
JLF |
JLF INVESTMENT Simple Regression Price Forecast For the 15th of December 2024
Given 90 days horizon, the Simple Regression forecasted value of JLF INVESTMENT on the next trading day is expected to be 0.01 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict JLF 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 JLF INVESTMENT's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
JLF INVESTMENT Stock Forecast Pattern
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JLF INVESTMENT Forecasted Value
In the context of forecasting JLF INVESTMENT'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. JLF INVESTMENT's downside and upside margins for the forecasting period are 0.01 and 0.01, respectively. We have considered JLF INVESTMENT'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 Regression forecasting method's relative quality and the estimations of the prediction error of JLF INVESTMENT stock data series using in forecasting. Note that when a statistical model is used to represent JLF INVESTMENT 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 | 40.6442 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0 |
MAPE | Mean absolute percentage error | 0.0 |
SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for JLF INVESTMENT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JLF INVESTMENT. 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.Other Forecasting Options for JLF INVESTMENT
For every potential investor in JLF, whether a beginner or expert, JLF INVESTMENT's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JLF Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JLF. Basic forecasting techniques help filter out the noise by identifying JLF INVESTMENT's price trends.JLF INVESTMENT 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 JLF INVESTMENT stock to make a market-neutral strategy. Peer analysis of JLF INVESTMENT could also be used in its relative valuation, which is a method of valuing JLF INVESTMENT by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
JLF INVESTMENT 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 JLF INVESTMENT'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 JLF INVESTMENT's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
JLF INVESTMENT Market Strength Events
Market strength indicators help investors to evaluate how JLF INVESTMENT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JLF INVESTMENT shares will generate the highest return on investment. By undertsting and applying JLF INVESTMENT stock market strength indicators, traders can identify JLF INVESTMENT entry and exit signals to maximize returns.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in JLF Stock
JLF INVESTMENT financial ratios help investors to determine whether JLF 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 JLF with respect to the benefits of owning JLF INVESTMENT security.