LMF Acquisition Stock Forecast - Naive Prediction

ICUCW Stock  USD 0.03  0  6.55%   
The Naive Prediction forecasted value of LMF Acquisition Opportunities on the next trading day is expected to be 0.03 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.16. LMF Stock Forecast is based on your current time horizon.
  
At this time, LMF Acquisition's Total Current Liabilities is fairly stable compared to the past year. Accounts Payable is likely to climb to about 4.6 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 5.7 M in 2024.
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the LMF Acquisition's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
176 K
Current Value
167.2 K
Quarterly Volatility
1.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for LMF Acquisition is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of LMF Acquisition Opportunities value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

LMF Acquisition Naive Prediction Price Forecast For the 30th of November

Given 90 days horizon, the Naive Prediction forecasted value of LMF Acquisition Opportunities on the next trading day is expected to be 0.03 with a mean absolute deviation of 0, mean absolute percentage error of 0.000012, and the sum of the absolute errors of 0.16.
Please note that although there have been many attempts to predict LMF 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 LMF Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

LMF Acquisition Stock Forecast Pattern

Backtest LMF AcquisitionLMF Acquisition Price PredictionBuy or Sell Advice 

LMF Acquisition Forecasted Value

In the context of forecasting LMF Acquisition'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. LMF Acquisition's downside and upside margins for the forecasting period are 0.0003 and 12.96, respectively. We have considered LMF Acquisition'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.
Market Value
0.03
0.0003
Downside
0.03
Expected Value
12.96
Upside

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 LMF Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent LMF Acquisition 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.
AICAkaike Information Criteria106.7439
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0026
MAPEMean absolute percentage error0.0755
SAESum of the absolute errors0.1556
This model is not at all useful as a medium-long range forecasting tool of LMF Acquisition Opportunities. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict LMF Acquisition. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for LMF Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LMF Acquisition Oppo. 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 LMF Acquisition'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.
Hype
Prediction
LowEstimatedHigh
0.000.0312.95
Details
Intrinsic
Valuation
LowRealHigh
0.000.0312.95
Details

Other Forecasting Options for LMF Acquisition

For every potential investor in LMF, whether a beginner or expert, LMF Acquisition's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LMF Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LMF. Basic forecasting techniques help filter out the noise by identifying LMF Acquisition's price trends.

LMF Acquisition 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 LMF Acquisition stock to make a market-neutral strategy. Peer analysis of LMF Acquisition could also be used in its relative valuation, which is a method of valuing LMF Acquisition by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

LMF Acquisition Oppo 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 LMF Acquisition'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 LMF Acquisition's current price.

LMF Acquisition Market Strength Events

Market strength indicators help investors to evaluate how LMF Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LMF Acquisition shares will generate the highest return on investment. By undertsting and applying LMF Acquisition stock market strength indicators, traders can identify LMF Acquisition Opportunities entry and exit signals to maximize returns.

LMF Acquisition Risk Indicators

The analysis of LMF Acquisition'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 LMF Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lmf 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.
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.

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.

Additional Tools for LMF Stock Analysis

When running LMF Acquisition's price analysis, check to measure LMF Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LMF Acquisition is operating at the current time. Most of LMF Acquisition's value examination focuses on studying past and present price action to predict the probability of LMF Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LMF Acquisition's price. Additionally, you may evaluate how the addition of LMF Acquisition to your portfolios can decrease your overall portfolio volatility.