Logan Ridge Stock Forecast - Polynomial Regression

LRFCDelisted Stock  USD 19.08  0.00  0.00%   
The Polynomial Regression forecasted value of Logan Ridge Finance on the next trading day is expected to be 19.57 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 20.57. Logan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Logan Ridge stock prices and determine the direction of Logan Ridge Finance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Logan Ridge's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Logan Ridge polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Logan Ridge Finance as well as the accuracy indicators are determined from the period prices.

Logan Ridge Polynomial Regression Price Forecast For the 25th of July

Given 90 days horizon, the Polynomial Regression forecasted value of Logan Ridge Finance on the next trading day is expected to be 19.57 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.21, and the sum of the absolute errors of 20.57.
Please note that although there have been many attempts to predict Logan 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 Logan Ridge's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Logan Ridge Stock Forecast Pattern

Backtest Logan RidgeLogan Ridge Price PredictionBuy or Sell Advice 

Logan Ridge Forecasted Value

In the context of forecasting Logan Ridge'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. Logan Ridge's downside and upside margins for the forecasting period are 17.72 and 21.43, respectively. We have considered Logan Ridge'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
19.08
19.57
Expected Value
21.43
Upside

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 Logan Ridge stock data series using in forecasting. Note that when a statistical model is used to represent Logan Ridge 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 Criteria116.5385
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3372
MAPEMean absolute percentage error0.0189
SAESum of the absolute errors20.5686
A single variable polynomial regression model attempts to put a curve through the Logan Ridge historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Logan Ridge

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Logan Ridge Finance. 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.
Hype
Prediction
LowEstimatedHigh
17.2319.0820.93
Details
Intrinsic
Valuation
LowRealHigh
13.8715.7220.99
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.9418.5620.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Logan Ridge. Your research has to be compared to or analyzed against Logan Ridge's peers to derive any actionable benefits. When done correctly, Logan Ridge'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 Logan Ridge Finance.

Other Forecasting Options for Logan Ridge

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

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

Logan Ridge Finance 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 Logan Ridge'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 Logan Ridge's current price.

Logan Ridge Market Strength Events

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

Logan Ridge Risk Indicators

The analysis of Logan Ridge'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 Logan Ridge's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting logan 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.
Check out Historical Fundamental Analysis of Logan Ridge to cross-verify your projections.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Logan Stock

If you are still planning to invest in Logan Ridge Finance check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Logan Ridge's history and understand the potential risks before investing.
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