Lakeland Industries Stock Forecast - 4 Period Moving Average

LAKE Stock  USD 22.99  0.94  4.26%   
The 4 Period Moving Average forecasted value of Lakeland Industries on the next trading day is expected to be 22.51 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 27.01. Lakeland Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lakeland Industries stock prices and determine the direction of Lakeland Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lakeland Industries' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Lakeland Industries' Payables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 7.74, whereas Fixed Asset Turnover is forecasted to decline to 5.47. . The current year's Net Income Applicable To Common Shares is expected to grow to about 3.7 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 5.7 M.
A four-period moving average forecast model for Lakeland Industries is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Lakeland Industries 4 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of Lakeland Industries on the next trading day is expected to be 22.51 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.36, and the sum of the absolute errors of 27.01.
Please note that although there have been many attempts to predict Lakeland 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 Lakeland Industries' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lakeland Industries Stock Forecast Pattern

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Lakeland Industries Forecasted Value

In the context of forecasting Lakeland Industries' 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. Lakeland Industries' downside and upside margins for the forecasting period are 20.20 and 24.82, respectively. We have considered Lakeland Industries' 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
22.99
22.51
Expected Value
24.82
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Lakeland Industries stock data series using in forecasting. Note that when a statistical model is used to represent Lakeland Industries 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 Criteria109.7491
BiasArithmetic mean of the errors -0.1077
MADMean absolute deviation0.4738
MAPEMean absolute percentage error0.0229
SAESum of the absolute errors27.005
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Lakeland Industries. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Lakeland Industries and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Lakeland Industries

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lakeland Industries. 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
21.1223.3225.52
Details
Intrinsic
Valuation
LowRealHigh
19.6121.8124.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.3022.3323.36
Details
2 Analysts
Consensus
LowTargetHigh
19.5721.5023.87
Details

Other Forecasting Options for Lakeland Industries

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

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

Lakeland Industries 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 Lakeland Industries' 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 Lakeland Industries' current price.

Lakeland Industries Market Strength Events

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

Lakeland Industries Risk Indicators

The analysis of Lakeland Industries' 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 Lakeland Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lakeland 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 Lakeland Industries is a strong investment it is important to analyze Lakeland Industries' 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 Lakeland Industries' future performance. For an informed investment choice regarding Lakeland Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Lakeland Industries to cross-verify your projections.
For information on how to trade Lakeland Stock refer to our How to Trade Lakeland Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Apparel, Accessories & Luxury Goods 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 Lakeland Industries. If investors know Lakeland 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 Lakeland Industries 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
0.222
Earnings Share
(0.08)
Revenue Per Share
18.695
Quarterly Revenue Growth
0.165
Return On Assets
0.0085
The market value of Lakeland Industries is measured differently than its book value, which is the value of Lakeland that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeland Industries' value that differs from its market value or its book value, called intrinsic value, which is Lakeland Industries' 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 Lakeland Industries' market value can be influenced by many factors that don't directly affect Lakeland Industries' 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 Lakeland Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeland Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland Industries' 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.