Live Ventures Stock Forecast - 8 Period Moving Average

LIVE Stock  USD 10.45  0.19  1.79%   
The 8 Period Moving Average forecasted value of Live Ventures on the next trading day is expected to be 10.77 with a mean absolute deviation of 0.80 and the sum of the absolute errors of 42.61. Live Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Live Ventures stock prices and determine the direction of Live Ventures's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Live Ventures' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Live Ventures is based on an artificially constructed time series of Live Ventures daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Live Ventures 8 Period Moving Average Price Forecast For the 15th of November 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Live Ventures on the next trading day is expected to be 10.77 with a mean absolute deviation of 0.80, mean absolute percentage error of 0.95, and the sum of the absolute errors of 42.61.
Please note that although there have been many attempts to predict Live 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 Live Ventures' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Live Ventures Stock Forecast Pattern

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Live Ventures Forecasted Value

In the context of forecasting Live Ventures' 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. Live Ventures' downside and upside margins for the forecasting period are 7.38 and 14.17, respectively. We have considered Live Ventures' 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
10.45
10.77
Expected Value
14.17
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Live Ventures stock data series using in forecasting. Note that when a statistical model is used to represent Live Ventures 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 Criteria103.3521
BiasArithmetic mean of the errors 0.6493
MADMean absolute deviation0.8039
MAPEMean absolute percentage error0.0638
SAESum of the absolute errors42.6087
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Live Ventures 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Live Ventures

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Live Ventures. 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 Live Ventures' 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
6.9210.3413.76
Details
Intrinsic
Valuation
LowRealHigh
5.528.9412.36
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.9310.8011.68
Details

Other Forecasting Options for Live Ventures

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

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

Live Ventures 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 Live Ventures' 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 Live Ventures' current price.

Live Ventures Market Strength Events

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

Live Ventures Risk Indicators

The analysis of Live Ventures' 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 Live Ventures' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting live 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.
When determining whether Live Ventures is a strong investment it is important to analyze Live Ventures' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Live Ventures' future performance. For an informed investment choice regarding Live Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Live Ventures to cross-verify your projections.
For information on how to trade Live Stock refer to our How to Trade Live Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Household Durables 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 Live Ventures. If investors know Live 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 Live Ventures listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Live Ventures is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Ventures' value that differs from its market value or its book value, called intrinsic value, which is Live Ventures' 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 Live Ventures' market value can be influenced by many factors that don't directly affect Live Ventures' 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 Live Ventures' value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Ventures is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Ventures' 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.