Liberty Northwest OTC Stock Forecast - Simple Exponential Smoothing
| LBNW Stock | USD 5.05 0.15 2.88% |
The Simple Exponential Smoothing forecasted value of Liberty Northwest Bancorp on the next trading day is expected to be 5.05 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.52. Liberty OTC Stock Forecast is based on your current time horizon.
Liberty |
Liberty Northwest Simple Exponential Smoothing Price Forecast For the 17th of September 2024
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Liberty Northwest Bancorp on the next trading day is expected to be 5.05 with a mean absolute deviation of 0.01, mean absolute percentage error of 0, and the sum of the absolute errors of 0.52.Please note that although there have been many attempts to predict Liberty OTC 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 Liberty Northwest's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Liberty Northwest OTC Stock Forecast Pattern
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Liberty Northwest Forecasted Value
In the context of forecasting Liberty Northwest's OTC 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. Liberty Northwest's downside and upside margins for the forecasting period are 4.38 and 5.72, respectively. We have considered Liberty Northwest'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Liberty Northwest otc stock data series using in forecasting. Note that when a statistical model is used to represent Liberty Northwest otc 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 | 109.5247 |
| Bias | Arithmetic mean of the errors | -0.0017 |
| MAD | Mean absolute deviation | 0.0087 |
| MAPE | Mean absolute percentage error | 0.0017 |
| SAE | Sum of the absolute errors | 0.52 |
Predictive Modules for Liberty Northwest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Liberty Northwest Bancorp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Liberty Northwest's 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.
Other Forecasting Options for Liberty Northwest
For every potential investor in Liberty, whether a beginner or expert, Liberty Northwest's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Liberty OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Liberty. Basic forecasting techniques help filter out the noise by identifying Liberty Northwest's price trends.Liberty Northwest 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 Liberty Northwest otc stock to make a market-neutral strategy. Peer analysis of Liberty Northwest could also be used in its relative valuation, which is a method of valuing Liberty Northwest by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Liberty Northwest Bancorp Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Liberty Northwest'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 Liberty Northwest's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Liberty Northwest Market Strength Events
Market strength indicators help investors to evaluate how Liberty Northwest otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Liberty Northwest shares will generate the highest return on investment. By undertsting and applying Liberty Northwest otc stock market strength indicators, traders can identify Liberty Northwest Bancorp entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 5.05 | |||
| Day Typical Price | 5.05 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.15) |
Liberty Northwest Risk Indicators
The analysis of Liberty Northwest'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 Liberty Northwest's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting liberty otc 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 | 0.2078 | |||
| Standard Deviation | 0.6571 | |||
| Variance | 0.4317 |
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.Additional Tools for Liberty OTC Stock Analysis
When running Liberty Northwest's price analysis, check to measure Liberty Northwest's 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 Liberty Northwest is operating at the current time. Most of Liberty Northwest's value examination focuses on studying past and present price action to predict the probability of Liberty Northwest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liberty Northwest's price. Additionally, you may evaluate how the addition of Liberty Northwest to your portfolios can decrease your overall portfolio volatility.