Estee Lauder Stock Forecast - Naive Prediction
| EL Stock | USD 72.12 1.49 2.02% |
The Naive Prediction forecasted value of Estee Lauder Companies on the next trading day is expected to be 79.16 with a mean absolute deviation of 2.45 and the sum of the absolute errors of 151.91. Estee Stock Forecast is based on your current time horizon. Although Estee Lauder's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Estee Lauder's systematic risk associated with finding meaningful patterns of Estee Lauder fundamentals over time.
Estee |
Estee Lauder 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 Estee Lauder's financial statements, predicting their influence on future market prices.
Cash | First Reported 1995-06-30 | Previous Quarter 3.4 B | Current Value 2.4 B | Quarterly Volatility 1.5 B |
Estee Lauder Naive Prediction Price Forecast For the 1st of December
Given 90 days horizon, the Naive Prediction forecasted value of Estee Lauder Companies on the next trading day is expected to be 79.16 with a mean absolute deviation of 2.45, mean absolute percentage error of 12.08, and the sum of the absolute errors of 151.91.Please note that although there have been many attempts to predict Estee 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 Estee Lauder's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Estee Lauder Stock Forecast Pattern
| Backtest Estee Lauder | Estee Lauder Price Prediction | Buy or Sell Advice |
Estee Lauder Forecasted Value
In the context of forecasting Estee Lauder'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. Estee Lauder's downside and upside margins for the forecasting period are 75.57 and 82.75, respectively. We have considered Estee Lauder'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 Estee Lauder stock data series using in forecasting. Note that when a statistical model is used to represent Estee Lauder 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 | 122.4403 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 2.4501 |
| MAPE | Mean absolute percentage error | 0.0305 |
| SAE | Sum of the absolute errors | 151.9093 |
Predictive Modules for Estee Lauder
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Estee Lauder Companies. 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 Estee Lauder
For every potential investor in Estee, whether a beginner or expert, Estee Lauder's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Estee Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Estee. Basic forecasting techniques help filter out the noise by identifying Estee Lauder's price trends.Estee Lauder 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 Estee Lauder stock to make a market-neutral strategy. Peer analysis of Estee Lauder could also be used in its relative valuation, which is a method of valuing Estee Lauder by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Estee Lauder Companies 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 Estee Lauder'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 Estee Lauder's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Estee Lauder Market Strength Events
Market strength indicators help investors to evaluate how Estee Lauder stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Estee Lauder shares will generate the highest return on investment. By undertsting and applying Estee Lauder stock market strength indicators, traders can identify Estee Lauder Companies entry and exit signals to maximize returns.
| Accumulation Distribution | 79727.57 | |||
| Daily Balance Of Power | (0.93) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 72.32 | |||
| Day Typical Price | 72.25 | |||
| Price Action Indicator | (0.94) | |||
| Period Momentum Indicator | (1.49) | |||
| Relative Strength Index | 19.06 |
Estee Lauder Risk Indicators
The analysis of Estee Lauder'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 Estee Lauder's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting estee 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 | 1.99 | |||
| Standard Deviation | 3.53 | |||
| Variance | 12.43 |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Estee Lauder to cross-verify your projections. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Personal Care Products 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 Estee Lauder. If investors know Estee 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 Estee Lauder listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.116 | Dividend Share 2.64 | Earnings Share 0.56 | Revenue Per Share 43.003 | Quarterly Revenue Growth (0.04) |
The market value of Estee Lauder Companies is measured differently than its book value, which is the value of Estee that is recorded on the company's balance sheet. Investors also form their own opinion of Estee Lauder's value that differs from its market value or its book value, called intrinsic value, which is Estee Lauder'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 Estee Lauder's market value can be influenced by many factors that don't directly affect Estee Lauder'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 Estee Lauder's value and its price as these two are different measures arrived at by different means. Investors typically determine if Estee Lauder is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Estee Lauder'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.