Jones Lang Stock Forward View - Double Exponential Smoothing
| JLL Stock | USD 293.89 0.00 0.00% |
This reference view applies Double Exponential Smoothing to Jones Lang LaSalle's historical closing prices. Jones Lang LaSalle's Double Exponential Smoothing reference page summarizes the forecasted price and model accuracy metrics from daily trading data. Jones Lang LaSalle's forecast reference data is generated from the equity's historical trading prices. Mean absolute deviation and related metrics help quantify forecast uncertainty for Jones Lang LaSalle.
The Double Exponential Smoothing forecasted value of Jones Lang LaSalle on the next trading day is expected to be 293.94 with a mean absolute deviation of 5.76 and the sum of the absolute errors of 340.04.When Jones Lang LaSalle 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 Jones Lang LaSalle 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 Jones Lang observations are given relatively more weight in forecasting than the older observations. All forecast values on this page for Jones Lang LaSalle are Double Exponential Smoothing reference data derived from historical price series. Double Exponential Smoothing Price Forecast For the 24th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Jones Lang LaSalle on the next trading day is expected to be 293.94 with a mean absolute deviation of 5.76 , mean absolute percentage error of 88.98 , and the sum of the absolute errors of 340.04 .Please note that although there have been many attempts to predict Jones Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Jones Lang's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Jones Lang | Jones Lang Price Prediction | Research Analysis |
Forecasted Value
Forecasting Jones Lang LaSalle for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The current forecast range spans downside near 291.07 and upside near 296.81.
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 Jones Lang stock data series using in forecasting. Note that when a statistical model is used to represent Jones Lang 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.9495 |
| MAD | Mean absolute deviation | 5.7634 |
| MAPE | Mean absolute percentage error | 0.0181 |
| SAE | Sum of the absolute errors | 340.04 |
Other Forecasting Options for Jones Lang
Volume-weighted price analysis for Jones Stock gives heavier weight to price levels where trading activity was highest. Crossovers in the MACD line and signal line can identify shifts in Jones momentum before they appear in raw price. Comparing Jones Lang's realized volatility to implied volatility reveals whether the options market expects larger or smaller moves. Readings above 80 or below 20 highlight potential reversal zones in Jones Stock price action.Jones Lang Related Equities
These related stocks within the Real Estate space give benchmarks for judging Jones Lang's results, margins, and growth trend. Peer review on balance sheet metrics shows how Jones Lang's capital structure stacks up against similar firms. Falling behind peers on key ratios may signal headwinds or execution issues worth looking into. The framework below supports both relative pricing and competitive standing review.
| Risk & Return | Correlation |
Jones Lang Market Strength Events
Evaluating the market strength of Jones Lang stock allows investors to gauge shifts in market momentum. By monitoring these indicators, investors can identify the most opportune moments to trade Jones Lang LaSalle. These metrics are particularly useful when Jones Lang stock shows divergence from broader market trends. Regularly reviewing Jones Lang LaSalle strength signals helps maintain a structured approach to position management.
| Accumulation Distribution | 0.0294 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 296.08 | |||
| Day Typical Price | 295.35 | |||
| Market Facilitation Index | 8.83 | |||
| Price Action Indicator | -2.19 | |||
| Relative Strength Index | 41.12 |
Jones Lang Risk Indicators
Understanding Jones Lang's risk indicators is essential for any investor seeking to forecast its future price accurately. By identifying how much risk is embedded in Jones Lang's investment, investors can decide how to position their exposure. Reviewing Jones Lang's basic risk indicators is essential for managing investment risk effectively. The risk-return trade-off for jones stock becomes clearer when Jones Lang's risk indicators are properly assessed.
| Mean Deviation | 1.69 | |||
| Standard Deviation | 2.78 | |||
| Variance | 7.7 |
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.
Story Coverage note for Jones Lang
The amount of media and story coverage tied to Jones Lang LaSalle can signal where market attention is concentrating at the moment. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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Jones Lang Short Properties
Short-interest signals around Jones Lang LaSalle can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 48.3 M | |
| Cash And Short Term Investments | 599.1 M |