Lifco AB Pink Sheet Forecast - Simple Exponential Smoothing

LFCBY Stock   16.59  2.58  18.42%   
The Simple Exponential Smoothing forecasted value of Lifco AB on the next trading day is expected to be 16.55 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 17.67. Investors can use prediction functions to forecast Lifco AB's stock prices and determine the direction of Lifco AB's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Lifco AB's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
  
Lifco AB simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Lifco AB are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Lifco AB prices get older.

Lifco AB Simple Exponential Smoothing Price Forecast For the 11th of January 2025

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Lifco AB on the next trading day is expected to be 16.55 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.29, and the sum of the absolute errors of 17.67.
Please note that although there have been many attempts to predict Lifco Pink Sheet 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 Lifco AB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lifco AB Pink Sheet Forecast Pattern

Lifco AB Forecasted Value

In the context of forecasting Lifco AB's Pink Sheet 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. Lifco AB's downside and upside margins for the forecasting period are 12.87 and 20.23, respectively. We have considered Lifco AB'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
16.59
16.55
Expected Value
20.23
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Lifco AB pink sheet data series using in forecasting. Note that when a statistical model is used to represent Lifco AB pink sheet, 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 Criteria115.0434
BiasArithmetic mean of the errors -0.0191
MADMean absolute deviation0.2945
MAPEMean absolute percentage error0.0195
SAESum of the absolute errors17.6728
This simple exponential smoothing model begins by setting Lifco AB forecast for the second period equal to the observation of the first period. In other words, recent Lifco AB observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Lifco AB

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lifco AB. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lifco AB. Your research has to be compared to or analyzed against Lifco AB's peers to derive any actionable benefits. When done correctly, Lifco AB's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Lifco AB.

Other Forecasting Options for Lifco AB

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

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

Lifco AB Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Lifco AB'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 Lifco AB's current price.

Lifco AB Market Strength Events

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

Lifco AB Risk Indicators

The analysis of Lifco AB'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 Lifco AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lifco pink sheet 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 Lifco Pink Sheet Analysis

When running Lifco AB's price analysis, check to measure Lifco AB'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 Lifco AB is operating at the current time. Most of Lifco AB's value examination focuses on studying past and present price action to predict the probability of Lifco AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifco AB's price. Additionally, you may evaluate how the addition of Lifco AB to your portfolios can decrease your overall portfolio volatility.