Lakeland Inds Stock Forecast - Polynomial Regression

LAKE
 Stock
  

USD 15.58  0.37  2.43%   

Lakeland Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lakeland Inds historical stock prices and determine the direction of Lakeland Inds's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Lakeland Inds historical fundamentals such as revenue growth or operating cash flow patterns. Although Lakeland Inds naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Lakeland Inds systematic risk associated with finding meaningful patterns of Lakeland Inds fundamentals over time.
Additionally, see Historical Fundamental Analysis of Lakeland Inds to cross-verify your projections.
  
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Lakeland Inds Accrued Expenses Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Accrued Expenses Turnover was at 23.01. The current year Cash and Equivalents Turnover is expected to grow to 2.31, whereas Receivables Turnover is forecasted to decline to 6.39. . Lakeland Inds Weighted Average Shares Diluted is projected to increase significantly based on the last few years of reporting. The past year's Weighted Average Shares Diluted was at 8.05 Million.
Most investors in Lakeland Inds cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Lakeland Inds' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Lakeland Inds' price structures and extracts relationships that further increase the generated results' accuracy.
Lakeland Inds polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Lakeland Inds as well as the accuracy indicators are determined from the period prices.

Lakeland Inds Current Investor Sentiment

Investor biases related to Lakeland Inds' public news can be used to forecast risks associated with investment in Lakeland. The trend in average sentiment can be used to explain how an investor holding Lakeland can time the market purely based on public headlines and social activities around Lakeland Inds. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Lakeland Inds' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lakeland Inds' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lakeland Inds' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Lakeland Inds.

Lakeland Inds Polynomial Regression Price Forecast For the 6th of July

Given 90 days horizon, the Polynomial Regression forecasted value of Lakeland Inds on the next trading day is expected to be 14.06 with a mean absolute deviation of 0.39, mean absolute percentage error of 0.25, and the sum of the absolute errors of 23.84. 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 Inds' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lakeland Inds Stock Forecast Pattern

Backtest Lakeland IndsLakeland Inds Price PredictionBuy or Sell Advice 

Lakeland Inds Forecasted Value

In the context of forecasting Lakeland Inds' 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 Inds' downside and upside margins for the forecasting period are 11.97 and 16.15, respectively. We have considered Lakeland Inds' 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 15.58
14.06
Expected Value
16.15
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 Lakeland Inds stock data series using in forecasting. Note that when a statistical model is used to represent Lakeland Inds 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 Criteria116.7298
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3909
MAPEMean absolute percentage error0.0232
SAESum of the absolute errors23.8428
A single variable polynomial regression model attempts to put a curve through the Lakeland Inds 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 Lakeland Inds

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 Inds. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Lakeland Inds' 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. Please use the tools below to analyze the current value of Lakeland Inds in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
13.3615.4217.48
Details
Intrinsic
Valuation
LowReal ValueHigh
13.7120.4422.50
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.4916.5218.55
Details
1 Analysts
Consensus
LowTarget PriceHigh
35.0035.0035.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lakeland Inds. Your research has to be compared to or analyzed against Lakeland Inds' peers to derive any actionable benefits. When done correctly, Lakeland Inds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Lakeland Inds.

Other Forecasting Options for Lakeland Inds

For every potential investor in Lakeland, whether a beginner or expert, Lakeland Inds' 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 Inds' price trends.

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

Lakeland Inds 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 Inds' 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 Inds' current price.

Lakeland Inds Market Strength Events

Market strength indicators help investors to evaluate how Lakeland Inds 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 Inds shares will generate the highest return on investment. By undertsting and applying Lakeland Inds stock market strength indicators, traders can identify Lakeland Inds entry and exit signals to maximize returns.

Lakeland Inds Risk Indicators

The analysis of Lakeland Inds' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Lakeland Inds' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Lakeland Inds stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Lakeland Inds Investors Sentiment

The influence of Lakeland Inds' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Lakeland. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Lakeland Inds' public news can be used to forecast risks associated with investment in Lakeland. The trend in average sentiment can be used to explain how an investor holding Lakeland can time the market purely based on public headlines and social activities around Lakeland Inds. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Lakeland Inds' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lakeland Inds' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lakeland Inds' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Lakeland Inds.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lakeland Inds in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lakeland Inds' short interest history, or implied volatility extrapolated from Lakeland Inds options trading.

Current Sentiment - LAKE

Lakeland Inds Investor Sentiment

Most of Macroaxis users are now bullish on Lakeland Inds. What is your trading attitude regarding investing in Lakeland Inds? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Additionally, see Historical Fundamental Analysis of Lakeland Inds to cross-verify your projections. Note that the Lakeland Inds information on this page should be used as a complementary analysis to other Lakeland Inds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Lakeland Stock analysis

When running Lakeland Inds price analysis, check to measure Lakeland Inds' 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 Lakeland Inds is operating at the current time. Most of Lakeland Inds' value examination focuses on studying past and present price action to predict the probability of Lakeland Inds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lakeland Inds' price. Additionally, you may evaluate how the addition of Lakeland Inds to your portfolios can decrease your overall portfolio volatility.
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Is Lakeland Inds' industry 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 Inds. 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 Inds 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 YOY
-0.77
Market Capitalization
116.7 M
Quarterly Revenue Growth YOY
-0.2
Return On Assets
0.0472
Return On Equity
0.0595
The market value of Lakeland Inds 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 Inds' value that differs from its market value or its book value, called intrinsic value, which is Lakeland Inds' 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 Inds' market value can be influenced by many factors that don't directly affect Lakeland Inds' 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 Inds' value and its price as these two are different measures arrived at by different means. Investors typically determine Lakeland Inds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland Inds' 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.