Li Bang Stock Forward View - Simple Exponential Smoothing
| LBGJ Stock | 0.03 -0.002 -6.25% |
Li Bang's Simple Exponential Smoothing reference data is generated by applying the model to available daily closing prices. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Exponential Smoothing forecasted value of Li Bang International on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.52.This simple exponential smoothing model begins by setting Li Bang International forecast for the second period equal to the observation of the first period. In other words, recent Li Bang observations are given relatively more weight in forecasting than the older observations. Li Bang's Simple Exponential Smoothing reference data is provided for informational and analytical purposes and does not constitute a trading recommendation. Simple Exponential Smoothing Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Li Bang International on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.04 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 2.52 .Please note that although there have been many attempts to predict LBGJ 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 Li Bang's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Li Bang | Li Bang Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Li Bang International focuses on identifying predictive downside and upside bands that can frame a realistic trading range. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 Li Bang stock data series using in forecasting. Note that when a statistical model is used to represent Li Bang 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 | 111.994 |
| Bias | Arithmetic mean of the errors | 0.0088 |
| MAD | Mean absolute deviation | 0.042 |
| MAPE | Mean absolute percentage error | 0.1722 |
| SAE | Sum of the absolute errors | 2.5202 |
Other Forecasting Options for Li Bang
Analyzing Li Bang's price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Li Bang's chart can signal overbought or oversold conditions.Li Bang Related Equities
These related stocks within the Industrials space give benchmarks for judging Li Bang's results, margins, and growth trend. Market cap and total value checks frame Li Bang's size within the competitive field.
| Risk & Return | Correlation |
Li Bang Market Strength Events
Market strength indicators for Li Bang stock provide a framework for assessing security responsiveness. These metrics are widely used to refine market timing and identify favorable moments to trade Li Bang.
| Accumulation Distribution | 0.0968 | |||
| Daily Balance Of Power | -0.67 | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.0295 | |||
| Day Typical Price | 0.0297 | |||
| Market Facilitation Index | 0.003 | |||
| Price Action Indicator | -0.0005 | |||
| Period Momentum Indicator | -0.002 | |||
| Relative Strength Index | 30.59 |
Li Bang Risk Indicators
Assessing Li Bang's risk indicators is a critical component of any rigorous approach to forecasting its future price. Forecasting Li Bang's future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 8.32 | |||
| Standard Deviation | 15.94 | |||
| Variance | 254.04 |
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 Li Bang
Coverage intensity for Li Bang International matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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Li Bang Short Properties
A short-interest review of Li Bang International provides context for understanding whether skepticism in the market is becoming more influential. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 18.7 M | |
| Cash And Short Term Investments | 3.6 M |