Lovesac Stock Forecast - Polynomial Regression

LOVE -  USA Stock  

USD 49.27  1.54  3.03%

Lovesac Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lovesac historical stock prices and determine the direction of The Lovesac'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 Lovesac historical fundamentals such as revenue growth or operating cash flow patterns. Although Lovesac naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of The Lovesac systematic risk associated with finding meaningful patterns of Lovesac fundamentals over time.
Additionally, see Historical Fundamental Analysis of Lovesac to cross-verify your projections.

Lovesac Stock Forecast 

 
Refresh
The current year Asset Turnover is expected to grow to 2.06. The current year Issuance Purchase of Equity Shares is expected to grow to about 13.3 M, whereas Weighted Average Shares is forecasted to decline to about 15.8 M.

Open Interest Agains t 2022-02-18 Lovesac Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Lovesac'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 Lovesac's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Lovesac 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 Lovesac's open interest, investors have to compare it to Lovesac'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 Lovesac 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 Lovesac. 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 Lovesac 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 Lovesac's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Lovesac's price structures and extracts relationships that further increase the generated results' accuracy.
Lovesac polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for The Lovesac as well as the accuracy indicators are determined from the period prices.

Lovesac Polynomial Regression Price Forecast For the 27th of January

Given 90 days horizon, the Polynomial Regression forecasted value of The Lovesac on the next trading day is expected to be 46.94 with a mean absolute deviation of 4.37, mean absolute percentage error of 29.26, and the sum of the absolute errors of 266.83. Please note that although there have been many attempts to predict Lovesac 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 Lovesac's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lovesac Stock Forecast Pattern

Backtest LovesacLovesac Price PredictionBuy or Sell Advice 

Lovesac Forecasted Value

In the context of forecasting Lovesac'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. Lovesac's downside and upside margins for the forecasting period are 41.99 and 51.90, respectively. We have considered Lovesac'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 49.27
46.94
Expected Value
51.90
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Lovesac stock data series using in forecasting. Note that when a statistical model is used to represent Lovesac 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 Criteria121.4869
BiasArithmetic mean of the errors None
MADMean absolute deviation4.3742
MAPEMean absolute percentage error0.0638
SAESum of the absolute errors266.8261
A single variable polynomial regression model attempts to put a curve through the Lovesac historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Lovesac

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lovesac. 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 Lovesac'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 Lovesac in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
45.9450.9055.86
Details
Intrinsic
Valuation
LowReal ValueHigh
46.6264.5869.54
Details
7 Analysts
Consensus
LowTarget PriceHigh
95.00105.14115.00
Details
Earnings
Estimates (3)
LowProjected EPSHigh
1.291.351.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lovesac. Your research has to be compared to or analyzed against Lovesac's peers to derive any actionable benefits. When done correctly, Lovesac'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 Lovesac.

Other Forecasting Options for Lovesac

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

View Currently 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 Lovesac stock to make a market-neutral strategy. Peer analysis of Lovesac could also be used in its relative valuation, which is a method of valuing Lovesac by comparing valuation metrics with similar companies.

Lovesac 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 Lovesac'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 Lovesac's current price.

Lovesac Market Strength Events

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

Lovesac Risk Indicators

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

Lovesac Investors Sentiment

The influence of Lovesac'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 Lovesac. 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 markets does not have a solid backing from leading economists and market statisticians.

Lovesac Implied Volatility

    
  90.15  
Lovesac's implied volatility exposes the market's sentiment of The Lovesac stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Lovesac's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Lovesac stock will not fluctuate a lot when Lovesac's options are near their expiration.
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 Lovesac 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, Lovesac's short interest history, or implied volatility extrapolated from Lovesac options trading.

Current Sentiment - LOVE

Lovesac Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in The Lovesac. What is your trading attitude regarding investing in The Lovesac? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Lovesac 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
Additionally, see Historical Fundamental Analysis of Lovesac to cross-verify your projections. Note that the Lovesac information on this page should be used as a complementary analysis to other Lovesac's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Lovesac Stock analysis

When running Lovesac price analysis, check to measure Lovesac'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 Lovesac is operating at the current time. Most of Lovesac's value examination focuses on studying past and present price action to predict the probability of Lovesac's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lovesac's price. Additionally, you may evaluate how the addition of Lovesac to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Is Lovesac'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 Lovesac. If investors know Lovesac 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 Lovesac 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 Lovesac is measured differently than its book value, which is the value of Lovesac that is recorded on the company's balance sheet. Investors also form their own opinion of Lovesac's value that differs from its market value or its book value, called intrinsic value, which is Lovesac'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 Lovesac's market value can be influenced by many factors that don't directly affect Lovesac'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 Lovesac's value and its price as these two are different measures arrived at by different means. Investors typically determine Lovesac value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lovesac'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.