Lifecore Biomedical Stock Forward View - Simple Regression
| LFCR Stock | 4.02 -0.04 -0.99% |
The Simple Regression forecast reference data for Lifecore Biomedical is based on the equity's recent trading history. This page summarizes the model output and key accuracy metrics for reference.
The Simple Regression forecasted value of Lifecore Biomedical on the next trading day is expected to be 5.74 with a mean absolute deviation of 0.64 and the sum of the absolute errors of 39.05.In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Lifecore Biomedical historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. All Simple Regression forecast figures shown for Lifecore Biomedical are reference data reflecting model output based on available historical prices. Simple Regression Price Forecast For the 22nd of March
Given 90 days horizon, the Simple Regression forecasted value of Lifecore Biomedical on the next trading day is expected to be 5.74 with a mean absolute deviation of 0.64 , mean absolute percentage error of 0.61 , and the sum of the absolute errors of 39.05 .Please note that although there have been many attempts to predict Lifecore 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 Lifecore Biomedical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Lifecore Biomedical | Lifecore Biomedical Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Lifecore Biomedical uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. 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 Regression forecasting method's relative quality and the estimations of the prediction error of Lifecore Biomedical stock data series using in forecasting. Note that when a statistical model is used to represent Lifecore Biomedical 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 | 117.6135 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6401 |
| MAPE | Mean absolute percentage error | 0.102 |
| SAE | Sum of the absolute errors | 39.0456 |
Other Forecasting Options for Lifecore Biomedical
Whether a novice or experienced investor, anyone considering Lifecore needs to understand the dynamics of Lifecore Biomedical's price movement. Price charts for Lifecore Stock contain a significant amount of noise that can distort investment decisions.Lifecore Biomedical Related Equities
The following equities are related to Lifecore Biomedical within the Health Care space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Lifecore Biomedical against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Lifecore Biomedical Market Strength Events
Analyzing market strength indicators for Lifecore Biomedical enables investors to understand how the stock performs relative to overall market momentum. These indicators are valuable tools for identifying when to enter or exit positions in Lifecore Biomedical.
Lifecore Biomedical Risk Indicators
Identifying and analyzing Lifecore Biomedical's key risk indicators is a foundational step in projecting how its price may evolve. This process quantifies the risk associated with Lifecore Biomedical's and decide how to manage it.
| Mean Deviation | 2.25 | |||
| Standard Deviation | 4.73 | |||
| Variance | 22.42 |
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 Lifecore Biomedical
A coverage review of Lifecore Biomedical shows when the security is attracting above-average attention from contributors and market observers. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Contributor Headline
Latest Perspective From Macroaxis
Lifecore Biomedical Short Properties
A short-interest review of Lifecore Biomedical provides context for understanding whether skepticism in the market is becoming more influential. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 34.8 M | |
| Cash And Short Term Investments | 8.3 M |
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