Lyko Group Stock Forecast - 8 Period Moving Average

LYKO-A Stock  SEK 96.00  1.00  1.05%   
The 8 Period Moving Average forecasted value of Lyko Group A on the next trading day is expected to be 93.47 with a mean absolute deviation of 5.49 and the sum of the absolute errors of 296.45. Lyko Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lyko Group stock prices and determine the direction of Lyko Group A's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lyko Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Lyko Group is based on an artificially constructed time series of Lyko Group daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Lyko Group 8 Period Moving Average Price Forecast For the 11th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Lyko Group A on the next trading day is expected to be 93.47 with a mean absolute deviation of 5.49, mean absolute percentage error of 47.89, and the sum of the absolute errors of 296.45.
Please note that although there have been many attempts to predict Lyko 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 Lyko Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lyko Group Stock Forecast Pattern

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Lyko Group Forecasted Value

In the context of forecasting Lyko Group'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. Lyko Group's downside and upside margins for the forecasting period are 90.32 and 96.63, respectively. We have considered Lyko Group'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
96.00
93.47
Expected Value
96.63
Upside

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 Lyko Group stock data series using in forecasting. Note that when a statistical model is used to represent Lyko Group 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 Criteria109.1143
BiasArithmetic mean of the errors 1.7236
MADMean absolute deviation5.4898
MAPEMean absolute percentage error0.055
SAESum of the absolute errors296.45
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Lyko Group A 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Lyko Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lyko Group A. 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
92.8896.0099.12
Details
Intrinsic
Valuation
LowRealHigh
81.2484.36105.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
81.9791.03100.09
Details

Other Forecasting Options for Lyko Group

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

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

Lyko Group A 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 Lyko Group'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 Lyko Group's current price.

Lyko Group Market Strength Events

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

Lyko Group Risk Indicators

The analysis of Lyko Group'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 Lyko Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lyko 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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Other Information on Investing in Lyko Stock

Lyko Group financial ratios help investors to determine whether Lyko 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 Lyko with respect to the benefits of owning Lyko Group security.