# Imagine Lithium Stock Forecast - Simple Regression

 ILI Stock CAD 0.07  0.005  6.25%
Imagine Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Imagine Lithium stock prices and determine the direction of Imagine Lithium's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Imagine Lithium historical fundamentals such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Imagine Lithium to cross-verify your projections.
 Imagine
Most investors in Imagine Lithium cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Imagine Lithium's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Imagine Lithium's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through Imagine Lithium price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

## Imagine Lithium Simple Regression Price Forecast For the 9th of June

Given 90 days horizon, the Simple Regression forecasted value of Imagine Lithium on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.004494, mean absolute percentage error of 0.00002988, and the sum of the absolute errors of 0.27.
Please note that although there have been many attempts to predict Imagine Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Imagine Lithium's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

## Imagine Lithium Forecasted Value

In the context of forecasting Imagine Lithium's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Imagine Lithium's downside and upside margins for the forecasting period are 0.00075 and 5.49, respectively. We have considered Imagine Lithium's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
 0.00075Downside 0.08 Expected ValueTarget Odds 5.49Upside

## 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 Imagine Lithium stock data series using in forecasting. Note that when a statistical model is used to represent Imagine Lithium 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 107.6922 Bias Arithmetic mean of the errors None MAD Mean absolute deviation 0.0045 MAPE Mean absolute percentage error 0.0486 SAE Sum of the absolute errors 0.2742
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 Imagine Lithium historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

## Predictive Modules for Imagine Lithium

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Imagine Lithium. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Imagine Lithium's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Imagine Lithium in the context of predictive analytics.
Hype
Prediction
 Low Estimated High 0.00 0.09 5.49
Intrinsic
Valuation
 Low Real High 0.00 0.08 5.48
Bollinger
Band Projection (param)
 Low Middle High 0.07 0.09 0.10
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Imagine Lithium. Your research has to be compared to or analyzed against Imagine Lithium's peers to derive any actionable benefits. When done correctly, Imagine Lithium's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Imagine Lithium.

## Other Forecasting Options for Imagine Lithium

For every potential investor in Imagine, whether a beginner or expert, Imagine Lithium's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Imagine Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Imagine. Basic forecasting techniques help filter out the noise by identifying Imagine Lithium's price trends.

## Imagine Lithium Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Imagine Lithium stock to make a market-neutral strategy. Peer analysis of Imagine Lithium could also be used in its relative valuation, which is a method of valuing Imagine Lithium by comparing valuation metrics with similar companies.
 Risk & Return Correlation

## Imagine Lithium Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Imagine Lithium's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Imagine Lithium's current price.
 Cycle Indicators Math Operators Math Transform Momentum Indicators Overlap Studies Pattern Recognition Price Transform Statistic Functions Volatility Indicators Volume Indicators

## Imagine Lithium Market Strength Events

Market strength indicators help investors to evaluate how Imagine Lithium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Imagine Lithium shares will generate the highest return on investment. By undertsting and applying Imagine Lithium stock market strength indicators, traders can identify Imagine Lithium entry and exit signals to maximize returns.
 Daily Balance Of Power (9,223,372,036,855) Rate Of Daily Change 0.94 Day Median Price 0.075 Day Typical Price 0.075 Price Action Indicator (0.0025)

## Imagine Lithium Risk Indicators

The analysis of Imagine Lithium's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Imagine Lithium's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Imagine Lithium stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
 Mean Deviation 2.88 Standard Deviation 5.23 Variance 27.4
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Imagine Lithium in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Imagine Lithium's short interest history, or implied volatility extrapolated from Imagine Lithium options trading.

## Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Imagine Lithium using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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### Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Historical Fundamental Analysis of Imagine Lithium to cross-verify your projections. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

## Complementary Tools for Imagine Stock analysis

When running Imagine Lithium's price analysis, check to measure Imagine Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Imagine Lithium is operating at the current time. Most of Imagine Lithium's value examination focuses on studying past and present price action to predict the probability of Imagine Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imagine Lithium's price. Additionally, you may evaluate how the addition of Imagine Lithium to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Imagine Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imagine Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imagine Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.