LH Financial Stock Forecast - Polynomial Regression

LHFG Stock   0.78  0.02  2.63%   
The Polynomial Regression forecasted value of LH Financial Group on the next trading day is expected to be 0.77 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.75. LHFG Stock Forecast is based on your current time horizon.
  
LH Financial polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for LH Financial Group as well as the accuracy indicators are determined from the period prices.

LH Financial Polynomial Regression Price Forecast For the 28th of December

Given 90 days horizon, the Polynomial Regression forecasted value of LH Financial Group on the next trading day is expected to be 0.77 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.75.
Please note that although there have been many attempts to predict LHFG 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 LH Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

LH Financial Stock Forecast Pattern

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LH Financial Forecasted Value

In the context of forecasting LH Financial'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. LH Financial's downside and upside margins for the forecasting period are 0.01 and 2.26, respectively. We have considered LH Financial'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
0.78
0.77
Expected Value
2.26
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 LH Financial stock data series using in forecasting. Note that when a statistical model is used to represent LH Financial 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 Criteria109.6891
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0123
MAPEMean absolute percentage error0.0153
SAESum of the absolute errors0.7525
A single variable polynomial regression model attempts to put a curve through the LH Financial 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 LH Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LH Financial Group. 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
0.040.782.27
Details
Intrinsic
Valuation
LowRealHigh
0.030.672.16
Details

Other Forecasting Options for LH Financial

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

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

LH Financial Group 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 LH Financial'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 LH Financial's current price.

LH Financial Market Strength Events

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

LH Financial Risk Indicators

The analysis of LH Financial'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 LH Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lhfg 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.

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Other Information on Investing in LHFG Stock

LH Financial financial ratios help investors to determine whether LHFG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LHFG with respect to the benefits of owning LH Financial security.