Liquidity Services Stock Forecast - Double Exponential Smoothing

LQDT Stock  USD 35.54  1.88  5.59%   
The Double Exponential Smoothing forecasted value of Liquidity Services on the next trading day is expected to be 36.54 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 24.41. Liquidity Stock Forecast is based on your current time horizon.
  
At this time, Liquidity Services' Receivables Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 1.98 in 2024, whereas Inventory Turnover is likely to drop 6.30 in 2024. . Common Stock Shares Outstanding is likely to gain to about 31.7 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 38.1 M in 2024.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Liquidity Services works best with periods where there are trends or seasonality.

Liquidity Services Double Exponential Smoothing Price Forecast For the 16th of December 2024

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Liquidity Services on the next trading day is expected to be 36.54 with a mean absolute deviation of 0.41, mean absolute percentage error of 1.21, and the sum of the absolute errors of 24.41.
Please note that although there have been many attempts to predict Liquidity 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 Liquidity Services' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Liquidity Services Stock Forecast Pattern

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Liquidity Services Forecasted Value

In the context of forecasting Liquidity Services' 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. Liquidity Services' downside and upside margins for the forecasting period are 32.41 and 40.66, respectively. We have considered Liquidity Services' 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
35.54
36.54
Expected Value
40.66
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Liquidity Services stock data series using in forecasting. Note that when a statistical model is used to represent Liquidity Services 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 CriteriaHuge
BiasArithmetic mean of the errors -0.1623
MADMean absolute deviation0.4137
MAPEMean absolute percentage error0.0154
SAESum of the absolute errors24.4112
When Liquidity Services prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Liquidity Services trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Liquidity Services observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Liquidity Services

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Liquidity Services. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Liquidity Services' 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.
Hype
Prediction
LowEstimatedHigh
31.5535.6839.81
Details
Intrinsic
Valuation
LowRealHigh
28.5232.6536.78
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.3328.2037.07
Details
2 Analysts
Consensus
LowTargetHigh
25.0327.5030.53
Details

Other Forecasting Options for Liquidity Services

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

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

Liquidity Services 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 Liquidity Services' 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 Liquidity Services' current price.

Liquidity Services Market Strength Events

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

Liquidity Services Risk Indicators

The analysis of Liquidity Services' 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 Liquidity Services' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting liquidity 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Liquidity Stock Analysis

When running Liquidity Services' price analysis, check to measure Liquidity Services' 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 Liquidity Services is operating at the current time. Most of Liquidity Services' value examination focuses on studying past and present price action to predict the probability of Liquidity Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liquidity Services' price. Additionally, you may evaluate how the addition of Liquidity Services to your portfolios can decrease your overall portfolio volatility.