Landstar System Stock Forecast - Simple Moving Average
| LSTR Stock | USD 174.41 2.82 1.59% |
The Simple Moving Average forecasted value of Landstar System on the next trading day is expected to be 174.41 with a mean absolute deviation of 2.42 and the sum of the absolute errors of 145.19. Landstar Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Landstar System stock prices and determine the direction of Landstar System's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Landstar System's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Landstar System's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Landstar System's systematic risk associated with finding meaningful patterns of Landstar System fundamentals over time.
Check out Historical Fundamental Analysis of Landstar System to cross-verify your projections. Landstar |
Open Interest Against 2024-05-17 Landstar Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Landstar System'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 Landstar System's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Landstar System 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 Landstar System's open interest, investors have to compare it to Landstar System'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 Landstar System 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 Landstar. 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 Landstar System 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 Landstar System's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Landstar System's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Landstar System is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility. Landstar System Simple Moving Average Price Forecast For the 2nd of May
Given 90 days horizon, the Simple Moving Average forecasted value of Landstar System on the next trading day is expected to be 174.41 with a mean absolute deviation of 2.42, mean absolute percentage error of 8.64, and the sum of the absolute errors of 145.19.Please note that although there have been many attempts to predict Landstar 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 Landstar System's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Landstar System Stock Forecast Pattern
| Backtest Landstar System | Landstar System Price Prediction | Buy or Sell Advice |
Landstar System Forecasted Value
In the context of forecasting Landstar System'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. Landstar System's downside and upside margins for the forecasting period are 173.02 and 175.80, respectively. We have considered Landstar System'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 Moving Average forecasting method's relative quality and the estimations of the prediction error of Landstar System stock data series using in forecasting. Note that when a statistical model is used to represent Landstar System 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 | 118.4288 |
| Bias | Arithmetic mean of the errors | 0.4415 |
| MAD | Mean absolute deviation | 2.4198 |
| MAPE | Mean absolute percentage error | 0.0132 |
| SAE | Sum of the absolute errors | 145.19 |
Predictive Modules for Landstar System
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Landstar System. 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 Landstar System'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 Landstar System
For every potential investor in Landstar, whether a beginner or expert, Landstar System's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Landstar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Landstar. Basic forecasting techniques help filter out the noise by identifying Landstar System's price trends.Landstar System 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 Landstar System stock to make a market-neutral strategy. Peer analysis of Landstar System could also be used in its relative valuation, which is a method of valuing Landstar System by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Landstar System 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 Landstar System'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 Landstar System's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Landstar System Market Strength Events
Market strength indicators help investors to evaluate how Landstar System stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Landstar System shares will generate the highest return on investment. By undertsting and applying Landstar System stock market strength indicators, traders can identify Landstar System entry and exit signals to maximize returns.
| Accumulation Distribution | 7072.87 | |||
| Daily Balance Of Power | (0.66) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 176.35 | |||
| Day Typical Price | 175.7 | |||
| Price Action Indicator | (3.34) | |||
| Period Momentum Indicator | (2.82) | |||
| Relative Strength Index | 27.87 |
Landstar System Risk Indicators
The analysis of Landstar System'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 Landstar System's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting landstar 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 | 1.03 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.84 |
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.
Landstar System Investors Sentiment
The influence of Landstar System's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Landstar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Landstar System's public news can be used to forecast risks associated with an investment in Landstar. The trend in average sentiment can be used to explain how an investor holding Landstar can time the market purely based on public headlines and social activities around Landstar System. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Landstar System's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Landstar System's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Landstar System's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Landstar System.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Landstar System in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Landstar System's short interest history, or implied volatility extrapolated from Landstar System options trading.
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 Landstar System to cross-verify your projections. To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Landstar Stock analysis
When running Landstar System's price analysis, check to measure Landstar System'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 Landstar System is operating at the current time. Most of Landstar System's value examination focuses on studying past and present price action to predict the probability of Landstar System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landstar System's price. Additionally, you may evaluate how the addition of Landstar System to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |
Is Landstar System'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 Landstar System. If investors know Landstar 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 Landstar System 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 (0.39) | Dividend Share 1.29 | Earnings Share 6.5 | Revenue Per Share 140.842 | Quarterly Revenue Growth (0.18) |
The market value of Landstar System is measured differently than its book value, which is the value of Landstar that is recorded on the company's balance sheet. Investors also form their own opinion of Landstar System's value that differs from its market value or its book value, called intrinsic value, which is Landstar System'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 Landstar System's market value can be influenced by many factors that don't directly affect Landstar System'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 Landstar System's value and its price as these two are different measures arrived at by different means. Investors typically determine if Landstar System is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Landstar System'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.