Jones Lang Stock Forecast - Naive Prediction

JLL
 Stock
  

USD 157.96  6.89  4.56%   

Jones Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jones Lang historical stock prices and determine the direction of Jones Lang Lasalle'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 Jones Lang historical fundamentals such as revenue growth or operating cash flow patterns.
Please see Historical Fundamental Analysis of Jones Lang to cross-verify your projections.
  

Open Interest Agains t 2022-10-21 Jones Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Jones Lang's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Jones Lang's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Jones Lang stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Jones Lang's open interest, investors have to compare it to Jones Lang's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Jones Lang is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Jones. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Jones Lang 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 Jones Lang's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Jones Lang's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Jones Lang is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Jones Lang Lasalle value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Jones Lang Naive Prediction Price Forecast For the 4th of October

Given 90 days horizon, the Naive Prediction forecasted value of Jones Lang Lasalle on the next trading day is expected to be 153.42 with a mean absolute deviation of 3.37, mean absolute percentage error of 16.66, and the sum of the absolute errors of 205.48.
Please note that although there have been many attempts to predict Jones 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 Jones Lang's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jones Lang Stock Forecast Pattern

Backtest Jones LangJones Lang Price PredictionBuy or Sell Advice 

Jones Lang Forecasted Value

In the context of forecasting Jones Lang'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. Jones Lang's downside and upside margins for the forecasting period are 151.53 and 155.30, respectively. We have considered Jones Lang'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 157.96
151.53
Downside
153.42
Expected Value
155.30
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 Jones Lang stock data series using in forecasting. Note that when a statistical model is used to represent Jones Lang 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.
AICAkaike Information Criteria120.9234
BiasArithmetic mean of the errors None
MADMean absolute deviation3.3686
MAPEMean absolute percentage error0.0193
SAESum of the absolute errors205.4842
This model is not at all useful as a medium-long range forecasting tool of Jones Lang Lasalle. 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 Jones Lang. 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.

Predictive Modules for Jones Lang

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jones Lang Lasalle. 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 Jones Lang'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 Jones Lang in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
154.64156.53158.42
Details
Intrinsic
Valuation
LowReal ValueHigh
142.16189.77191.66
Details
4 Analysts
Consensus
LowTarget PriceHigh
257.00301.00332.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jones Lang. Your research has to be compared to or analyzed against Jones Lang's peers to derive any actionable benefits. When done correctly, Jones Lang's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Jones Lang Lasalle.

Other Forecasting Options for Jones Lang

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

Jones Lang 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 Jones Lang stock to make a market-neutral strategy. Peer analysis of Jones Lang could also be used in its relative valuation, which is a method of valuing Jones Lang by comparing valuation metrics with similar companies.
Amazon IncAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelone IncCVS CorpChevron CorpHome DepotInternational BusinessIntel CorpMetlifeATT IncTarget Corp
 Risk & Return  Correlation

Jones Lang Lasalle 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 Jones Lang'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 Jones Lang's current price.

Jones Lang Market Strength Events

Market strength indicators help investors to evaluate how Jones Lang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jones Lang shares will generate the highest return on investment. By undertsting and applying Jones Lang stock market strength indicators, traders can identify Jones Lang Lasalle entry and exit signals to maximize returns.

Jones Lang Risk Indicators

The analysis of Jones Lang'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 Jones Lang's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Jones Lang 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.
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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jones Lang without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Efficient Frontier Now

   

Efficient Frontier

Plot and analyze your portfolio and positions against risk-return landscape of the market.
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Jones Lang Lasalle 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.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
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
Please see Historical Fundamental Analysis of Jones Lang to cross-verify your projections. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for analysis

When running Jones Lang Lasalle price analysis, check to measure Jones Lang'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 Jones Lang is operating at the current time. Most of Jones Lang's value examination focuses on studying past and present price action to predict the probability of Jones Lang's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Jones Lang's price. Additionally, you may evaluate how the addition of Jones Lang to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Is Jones Lang's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jones Lang. If investors know Jones will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jones Lang listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Jones Lang Lasalle is measured differently than its book value, which is the value of Jones that is recorded on the company's balance sheet. Investors also form their own opinion of Jones Lang's value that differs from its market value or its book value, called intrinsic value, which is Jones Lang's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jones Lang's market value can be influenced by many factors that don't directly affect Jones Lang's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jones Lang's value and its price as these two are different measures arrived at by different means. Investors typically determine Jones Lang value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jones Lang'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.