LOreal Co Pink Sheet Forecast - Polynomial Regression
| LRLCY Stock | USD 86.54 2.12 2.51% |
The Polynomial Regression forecasted value of LOreal Co ADR on the next trading day is expected to be 86.06 with a mean absolute deviation of 1.40 and the sum of the absolute errors of 87.02. LOreal Pink Sheet Forecast is based on your current time horizon.
LOreal |
LOreal Co Polynomial Regression Price Forecast For the 24th of July
Given 90 days horizon, the Polynomial Regression forecasted value of LOreal Co ADR on the next trading day is expected to be 86.06 with a mean absolute deviation of 1.40, mean absolute percentage error of 2.62, and the sum of the absolute errors of 87.02.Please note that although there have been many attempts to predict LOreal 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 LOreal Co's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
LOreal Co Pink Sheet Forecast Pattern
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LOreal Co Forecasted Value
In the context of forecasting LOreal Co'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. LOreal Co's downside and upside margins for the forecasting period are 84.57 and 87.54, respectively. We have considered LOreal Co'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 LOreal Co pink sheet data series using in forecasting. Note that when a statistical model is used to represent LOreal Co 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.| AIC | Akaike Information Criteria | 120.9111 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.4035 |
| MAPE | Mean absolute percentage error | 0.0164 |
| SAE | Sum of the absolute errors | 87.0169 |
Predictive Modules for LOreal Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LOreal Co ADR. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LOreal Co'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 LOreal Co
For every potential investor in LOreal, whether a beginner or expert, LOreal Co's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LOreal Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LOreal. Basic forecasting techniques help filter out the noise by identifying LOreal Co's price trends.LOreal Co 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 LOreal Co pink sheet to make a market-neutral strategy. Peer analysis of LOreal Co could also be used in its relative valuation, which is a method of valuing LOreal Co by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LOreal Co ADR 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 LOreal Co'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 LOreal Co's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
LOreal Co Market Strength Events
Market strength indicators help investors to evaluate how LOreal Co 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 LOreal Co shares will generate the highest return on investment. By undertsting and applying LOreal Co pink sheet market strength indicators, traders can identify LOreal Co ADR entry and exit signals to maximize returns.
LOreal Co Risk Indicators
The analysis of LOreal Co'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 LOreal Co's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting loreal 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.
| Mean Deviation | 1.3 | |||
| Semi Deviation | 1.28 | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.74 | |||
| Downside Variance | 2.07 | |||
| Semi Variance | 1.64 | |||
| Expected Short fall | (1.44) |
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 LOreal Pink Sheet Analysis
When running LOreal Co's price analysis, check to measure LOreal Co'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 LOreal Co is operating at the current time. Most of LOreal Co's value examination focuses on studying past and present price action to predict the probability of LOreal Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LOreal Co's price. Additionally, you may evaluate how the addition of LOreal Co to your portfolios can decrease your overall portfolio volatility.