Laird Superfood Stock Forward View - Simple Regression
| LSF Stock | USD 2.39 -0.10 -4.02% |
This page provides reference data for Laird Superfood using Simple Regression forecasting. The projected value and error metrics are calculated from available daily price observations.
The Simple Regression forecasted value of Laird Superfood on the next trading day is expected to be 2.70 with a mean absolute deviation of 0.27 and the sum of the absolute errors of 16.63.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 Laird Superfood historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. This Simple Regression reference page for Laird Superfood presents model-generated projections from historical price data for informational purposes. Simple Regression Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Regression forecasted value of Laird Superfood on the next trading day is expected to be 2.70 with a mean absolute deviation of 0.27 , mean absolute percentage error of 0.11 , and the sum of the absolute errors of 16.63 .Please note that although there have been many attempts to predict Laird 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 Laird Superfood's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Laird Superfood | Laird Superfood Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Laird Superfood uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The projected forecast band currently runs from roughly 0.02 on the downside to about 7.92 on the upside.
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 Laird Superfood stock data series using in forecasting. Note that when a statistical model is used to represent Laird Superfood 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 | 115.9006 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2726 |
| MAPE | Mean absolute percentage error | 0.1011 |
| SAE | Sum of the absolute errors | 16.6256 |
Other Forecasting Options for Laird Superfood
For investors considering Laird, Laird Superfood's price movement is the most direct driver of investment returns. Noise in Laird Stock price charts can make identifying meaningful trends difficult without dedicated analytical tools.Laird Superfood Related Equities
The following equities are related to Laird Superfood within the Consumer Staples space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Laird Superfood 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 |
Laird Superfood Market Strength Events
Market strength indicators for Laird Superfood provide investors with a view of how the stock performs across different market environments. By analyzing these indicators, traders can determine the best moments to enter or exit positions in Laird Superfood.
Laird Superfood Risk Indicators
A structured analysis of Laird Superfood's risk indicators is one of the most reliable ways to improve the accuracy of price forecasts. Understanding the risk embedded in Laird Superfood's allows investors to decide whether to accept, reduce, or hedge their exposure.
| Mean Deviation | 3.96 | |||
| Semi Deviation | 4.27 | |||
| Standard Deviation | 5.5 | |||
| Variance | 30.3 | |||
| Downside Variance | 24.2 | |||
| Semi Variance | 18.21 | |||
| Expected Short fall | -5.06 |
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 Laird Superfood
A coverage review of Laird Superfood shows when the security is attracting above-average attention from contributors and market observers. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
Contributor Headline
Latest Perspective From Macroaxis
Laird Superfood Short Properties
A short-interest review of Laird Superfood 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 | 9.9 M | |
| Cash And Short Term Investments | 8.6 M |