Jones Lang Stock Forecast - Triple Exponential Smoothing
| JLL Stock | USD 176.26 3.95 2.19% |
The Triple Exponential Smoothing forecasted value of Jones Lang LaSalle on the next trading day is expected to be 175.49 with a mean absolute deviation of 3.06 and the sum of the absolute errors of 180.54. Jones Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jones Lang stock prices and determine the direction of Jones Lang LaSalle's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jones Lang's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Jones Lang's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Jones Lang's systematic risk associated with finding meaningful patterns of Jones Lang fundamentals over time.
Check out Historical Fundamental Analysis of Jones Lang to cross-verify your projections. Jones |
Open Interest Against 2024-04-19 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 in Jones Lang's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Jones Lang stock based on available contracts left at the end of a trading day.
Please note that 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.
Triple exponential smoothing for Jones Lang - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Jones Lang prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Jones Lang price movement. However, neither of these exponential smoothing models address any seasonality of Jones Lang LaSalle. Jones Lang Triple Exponential Smoothing Price Forecast For the 17th of April 2024
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Jones Lang LaSalle on the next trading day is expected to be 175.49 with a mean absolute deviation of 3.06, mean absolute percentage error of 16.57, and the sum of the absolute errors of 180.54.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 Lang | Jones Lang Price Prediction | Buy 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 173.39 and 177.59, 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.8165 |
| MAD | Mean absolute deviation | 3.0599 |
| MAPE | Mean absolute percentage error | 0.0166 |
| SAE | Sum of the absolute errors | 180.5369 |
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 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, anticipate that 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.
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.
| 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Accumulation Distribution | 0.0356 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 178.74 | |||
| Day Typical Price | 177.91 | |||
| Market Facilitation Index | 6.48 | |||
| Price Action Indicator | (4.46) | |||
| Period Momentum Indicator | (3.95) |
Jones Lang Risk Indicators
The analysis of Jones Lang's basic risk indicators is one of the essential steps in accurately forecasting 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 essential techniques for forecasting jones stock prices, 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 | 1.52 | |||
| Semi Deviation | 1.74 | |||
| Standard Deviation | 2.1 | |||
| Variance | 4.39 | |||
| Downside Variance | 3.12 | |||
| Semi Variance | 3.03 | |||
| Expected Short fall | (1.86) |
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.
Jones Lang Investors Sentiment
The influence of Jones Lang's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Jones. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Jones Lang's public news can be used to forecast risks associated with an investment in Jones. The trend in average sentiment can be used to explain how an investor holding Jones can time the market purely based on public headlines and social activities around Jones Lang LaSalle. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Jones Lang's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Jones Lang's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Jones Lang's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Jones Lang.
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 Jones Lang 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, Jones Lang's short interest history, or implied volatility extrapolated from Jones Lang options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Jones Lang to cross-verify your projections. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Jones Stock analysis
When running Jones Lang's 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 the 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 Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
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.
Quarterly Earnings Growth (0.02) | Earnings Share 4.67 | Revenue Per Share 435.895 | Quarterly Revenue Growth 0.049 | Return On Assets 0.0267 |
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 if Jones Lang is a good investment 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.