Linde Plc Stock Forward View
| LIN Stock | USD 488.15 -1.65 -0.34% |
The Naive Prediction forecast shown here for Linde Plc is reference data produced from the equity's historical price series. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Naive Prediction forecasted value of Linde plc Ordinary on the next trading day is expected to be 489.13 with a mean absolute deviation of 5.50 and the sum of the absolute errors of 340.85.This model is not at all useful as a medium-long range forecasting tool of Linde plc Ordinary. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Linde Plc. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights. This Naive Prediction reference page for Linde Plc presents model-generated projections from historical price data for informational purposes. Linde Plc Cash Forecast
Projecting Linde Plc's cash position requires modeling complex interactions between revenue trends, working capital cycles, and capital expenditure patterns embedded in Linde Plc's historical financial statements.
Cash | First Reported 1991-12-31 | Previous Quarter 4.5 B | Current Value 5.1 B | Quarterly Volatility 1.8 B |
Macro event markers
Naive Prediction Price Forecast For the 22nd of March
Given 90 days horizon, the Naive Prediction forecasted value of Linde plc Ordinary on the next trading day is expected to be 489.13 with a mean absolute deviation of 5.50 , mean absolute percentage error of 51.21 , and the sum of the absolute errors of 340.85 .Please note that although there have been many attempts to predict Linde 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 Linde Plc's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Linde Plc | Linde Plc Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Linde plc Ordinary focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The projected forecast band currently runs from roughly 488.04 on the downside to about 490.22 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Linde Plc stock data series using in forecasting. Note that when a statistical model is used to represent Linde Plc 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 | 123.8843 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 5.4976 |
| MAPE | Mean absolute percentage error | 0.0118 |
| SAE | Sum of the absolute errors | 340.8533 |
Other Forecasting Options for Linde Plc
Regardless of investment experience, understanding Linde Plc's price movement is essential for anyone considering a position in Linde. Price charts for Linde Stock are often filled with noise that can lead to poor investment choices if not properly filtered.Linde Plc Related Equities
The following equities are related to Linde Plc within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Linde Plc 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 |
Linde Plc Market Strength Events
Market strength indicators for Linde Plc give investors insight into the stock's responsiveness to broader market forces. Tracking these indicators provides context to make informed timing decisions and identify periods where trading Linde Plc is likely to be most rewarding.
| Accumulation Distribution | 146479.0 | |||
| Daily Balance Of Power | -0.14 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 490.08 | |||
| Day Typical Price | 489.43 | |||
| Price Action Indicator | -2.75 | |||
| Period Momentum Indicator | -1.65 |
Linde Plc Risk Indicators
A thorough review of Linde Plc's risk indicators is an important first step in forecasting its price and managing investment exposure. This analysis provides context for determining the appropriate level of risk to accept when holding Linde Plc's.
| Mean Deviation | 0.8497 | |||
| Semi Deviation | 0.9722 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 | |||
| Downside Variance | 1.35 | |||
| Semi Variance | 0.9452 | |||
| Expected Short fall | -0.94 |
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 Linde Plc
Story coverage around Linde plc Ordinary often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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Linde Plc Short Properties
A short-interest review of Linde plc Ordinary provides context for understanding whether skepticism in the market is becoming more influential. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 468.7 M | |
| Cash And Short Term Investments | 5.1 B |