Lotte Fine Stock Forecast - Simple Regression

Simple Regression model is a single variable regression model that attempts to put a straight line through Lotte Fine price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Lotte Fine Simple Regression Price Forecast For the 16th of December 2024

Given 90 days horizon, the Simple Regression forecasted value of Lotte Fine Chemical on the next trading day is expected to be 34,180 with a mean absolute deviation of 2,087, mean absolute percentage error of 5,798,415, and the sum of the absolute errors of 127,319.

Lotte Fine Stock Forecast Pattern

Backtest Lotte Fine

Lotte Fine Price Prediction

Buy or Sell Advice

Lotte Fine Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Lotte Fine stock data series using in forecasting. Note that when a statistical model is used to represent Lotte Fine 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Lotte Fine Chemical historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Lotte Fine

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lotte Fine Chemical. 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 Low Estimated High 39,697 39,700 39,703 Details

Intrinsic Valuation Low Real High 34,269 34,272 43,670 Details

Bollinger Band Projection (param) Low Middle High 32,327 36,805 41,283 Details

Other Forecasting Options for Lotte Fine

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

Lotte Fine Related Equities

Risk & Return

Correlation

Lotte Fine Chemical 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 Lotte Fine'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 Lotte Fine's current price.

Lotte Fine Market Strength Events

Lotte Fine Risk Indicators

Pair Trading with Lotte Fine

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lotte Fine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lotte Fine will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Lotte Stock