LPL Financial Stock Forecast - Polynomial Regression
LPLA Stock | USD 270.79 1.32 0.49% |
The Polynomial Regression forecasted value of LPL Financial Holdings on the next trading day is expected to be 275.60 with a mean absolute deviation of 2.26 and the sum of the absolute errors of 137.77. LPL Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast LPL Financial stock prices and determine the direction of LPL Financial Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of LPL Financial's historical fundamentals, such as revenue growth or operating cash flow patterns. Although LPL Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of LPL Financial's systematic risk associated with finding meaningful patterns of LPL Financial fundamentals over time.
Check out Historical Fundamental Analysis of LPL Financial to cross-verify your projections. LPL |
Open Interest Against 2024-05-17 LPL Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast LPL Financial's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in LPL Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for LPL Financial stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current LPL Financial's open interest, investors have to compare it to LPL Financial's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of LPL Financial is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in LPL. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in LPL Financial cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the LPL Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets LPL Financial's price structures and extracts relationships that further increase the generated results' accuracy.
LPL Financial polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for LPL Financial Holdings as well as the accuracy indicators are determined from the period prices. LPL Financial Polynomial Regression Price Forecast For the 8th of May
Given 90 days horizon, the Polynomial Regression forecasted value of LPL Financial Holdings on the next trading day is expected to be 275.60 with a mean absolute deviation of 2.26, mean absolute percentage error of 8.11, and the sum of the absolute errors of 137.77.Please note that although there have been many attempts to predict LPL 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 LPL Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
LPL Financial Stock Forecast Pattern
Backtest LPL Financial | LPL Financial Price Prediction | Buy or Sell Advice |
LPL Financial Forecasted Value
In the context of forecasting LPL Financial'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. LPL Financial's downside and upside margins for the forecasting period are 274.33 and 276.87, respectively. We have considered LPL Financial'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 LPL Financial stock data series using in forecasting. Note that when a statistical model is used to represent LPL Financial 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 | 120.2041 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 2.2585 |
MAPE | Mean absolute percentage error | 0.0086 |
SAE | Sum of the absolute errors | 137.769 |
Predictive Modules for LPL Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LPL Financial Holdings. 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 LPL Financial'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.
Other Forecasting Options for LPL Financial
For every potential investor in LPL, whether a beginner or expert, LPL Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LPL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LPL. Basic forecasting techniques help filter out the noise by identifying LPL Financial's price trends.LPL Financial 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 LPL Financial stock to make a market-neutral strategy. Peer analysis of LPL Financial could also be used in its relative valuation, which is a method of valuing LPL Financial by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
LPL Financial Holdings 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 LPL Financial'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 LPL Financial's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
LPL Financial Market Strength Events
Market strength indicators help investors to evaluate how LPL Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LPL Financial shares will generate the highest return on investment. By undertsting and applying LPL Financial stock market strength indicators, traders can identify LPL Financial Holdings entry and exit signals to maximize returns.
LPL Financial Risk Indicators
The analysis of LPL Financial'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 LPL Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lpl 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 | 1.01 | |||
Semi Deviation | 1.37 | |||
Standard Deviation | 1.4 | |||
Variance | 1.97 | |||
Downside Variance | 2.66 | |||
Semi Variance | 1.88 | |||
Expected Short fall | (0.98) |
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 LPL Financial to cross-verify your projections. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for LPL Stock analysis
When running LPL Financial's price analysis, check to measure LPL Financial'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 LPL Financial is operating at the current time. Most of LPL Financial's value examination focuses on studying past and present price action to predict the probability of LPL Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LPL Financial's price. Additionally, you may evaluate how the addition of LPL Financial to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Commodity Directory Find actively traded commodities issued by global exchanges |
Is LPL Financial's industry 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 LPL Financial. If investors know LPL 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 LPL Financial 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 (0.1) | Dividend Share 1.2 | Earnings Share 13.28 | Revenue Per Share 138.168 | Quarterly Revenue Growth 0.172 |
The market value of LPL Financial Holdings is measured differently than its book value, which is the value of LPL that is recorded on the company's balance sheet. Investors also form their own opinion of LPL Financial's value that differs from its market value or its book value, called intrinsic value, which is LPL Financial'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 LPL Financial's market value can be influenced by many factors that don't directly affect LPL Financial'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 LPL Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if LPL Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LPL Financial'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.