Logan Ridge Stock Forecast - 8 Period Moving Average
| LRFC Stock | USD 25.98 0.09 0.35% |
The 8 Period Moving Average forecasted value of Logan Ridge Finance on the next trading day is expected to be 25.50 with a mean absolute deviation of 0.44 and the sum of the absolute errors of 23.69. Logan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Logan Ridge stock prices and determine the direction of Logan Ridge Finance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Logan Ridge's historical fundamentals, such as revenue growth or operating cash flow patterns.
Logan |
Logan Ridge 8 Period Moving Average Price Forecast For the 29th of November
Given 90 days horizon, the 8 Period Moving Average forecasted value of Logan Ridge Finance on the next trading day is expected to be 25.50 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.45, and the sum of the absolute errors of 23.69.Please note that although there have been many attempts to predict Logan 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 Logan Ridge's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Logan Ridge Stock Forecast Pattern
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Logan Ridge Forecasted Value
In the context of forecasting Logan Ridge'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. Logan Ridge's downside and upside margins for the forecasting period are 23.70 and 27.29, respectively. We have considered Logan Ridge'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Logan Ridge stock data series using in forecasting. Note that when a statistical model is used to represent Logan Ridge 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.| AIC | Akaike Information Criteria | 104.4516 |
| Bias | Arithmetic mean of the errors | -0.3316 |
| MAD | Mean absolute deviation | 0.4387 |
| MAPE | Mean absolute percentage error | 0.018 |
| SAE | Sum of the absolute errors | 23.6913 |
Predictive Modules for Logan Ridge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Logan Ridge Finance. 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.Other Forecasting Options for Logan Ridge
For every potential investor in Logan, whether a beginner or expert, Logan Ridge's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Logan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Logan. Basic forecasting techniques help filter out the noise by identifying Logan Ridge's price trends.Logan Ridge 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 Logan Ridge stock to make a market-neutral strategy. Peer analysis of Logan Ridge could also be used in its relative valuation, which is a method of valuing Logan Ridge by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Logan Ridge Finance 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 Logan Ridge'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 Logan Ridge's current price.| Cycle Indicators | ||
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Logan Ridge Market Strength Events
Market strength indicators help investors to evaluate how Logan Ridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Logan Ridge shares will generate the highest return on investment. By undertsting and applying Logan Ridge stock market strength indicators, traders can identify Logan Ridge Finance entry and exit signals to maximize returns.
Logan Ridge Risk Indicators
The analysis of Logan Ridge'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 Logan Ridge's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting logan 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.
| Mean Deviation | 1.02 | |||
| Semi Deviation | 0.6003 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.08 | |||
| Downside Variance | 0.9903 | |||
| Semi Variance | 0.3604 | |||
| Expected Short fall | (1.34) |
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 Logan Ridge Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logan Ridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Logan Ridge Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logan Ridge Finance Stock:Check out Historical Fundamental Analysis of Logan Ridge to cross-verify your projections. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Asset Management & Custody Banks 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 Logan Ridge. If investors know Logan 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 Logan Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.28 | Earnings Share (1.22) | Revenue Per Share 7.449 | Quarterly Revenue Growth (0) | Return On Assets 0.0381 |
The market value of Logan Ridge Finance is measured differently than its book value, which is the value of Logan that is recorded on the company's balance sheet. Investors also form their own opinion of Logan Ridge's value that differs from its market value or its book value, called intrinsic value, which is Logan Ridge's 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 Logan Ridge's market value can be influenced by many factors that don't directly affect Logan Ridge's 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 Logan Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logan Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logan Ridge's 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.