Loop Media Stock Forecast - Triple Exponential Smoothing

LPTV Stock  USD 0.30  0.05  14.29%   
The Triple Exponential Smoothing forecasted value of Loop Media on the next trading day is expected to be 0.30 with a mean absolute deviation of  0.03  and the sum of the absolute errors of 1.94. Loop Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Loop Media stock prices and determine the direction of Loop Media's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Loop Media's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Loop Media's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Loop Media's systematic risk associated with finding meaningful patterns of Loop Media fundamentals over time.
Check out Historical Fundamental Analysis of Loop Media to cross-verify your projections.
For more information on how to buy Loop Stock please use our How to Invest in Loop Media guide.
  
Inventory Turnover is likely to drop to 10.50 in 2024. Payables Turnover is likely to drop to 1.57 in 2024. Common Stock Shares Outstanding is likely to climb to about 69.4 M in 2024, whereas Net Loss is likely to drop (27.9 M) in 2024.
Most investors in Loop Media 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 Loop Media's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Loop Media's price structures and extracts relationships that further increase the generated results' accuracy.
Triple exponential smoothing for Loop Media - 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 Loop Media 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 Loop Media price movement. However, neither of these exponential smoothing models address any seasonality of Loop Media.

Loop Media Triple Exponential Smoothing Price Forecast For the 26th of April

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Loop Media on the next trading day is expected to be 0.30 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.94.
Please note that although there have been many attempts to predict Loop 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 Loop Media's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Loop Media Stock Forecast Pattern

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Loop Media Forecasted Value

In the context of forecasting Loop Media'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. Loop Media's downside and upside margins for the forecasting period are 0 and 10.29, respectively. We have considered Loop Media'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
0.30
0.30
Expected Value
10.29
Upside

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 Loop Media stock data series using in forecasting. Note that when a statistical model is used to represent Loop Media 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0074
MADMean absolute deviation0.0323
MAPEMean absolute percentage error0.0698
SAESum of the absolute errors1.9396
As with simple exponential smoothing, in triple exponential smoothing models past Loop Media observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Loop Media observations.

Predictive Modules for Loop Media

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Loop Media. 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 Loop Media'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.
Hype
Prediction
LowEstimatedHigh
0.010.2510.24
Details
Intrinsic
Valuation
LowRealHigh
0.051.1011.09
Details
2 Analysts
Consensus
LowTargetHigh
3.193.503.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Loop Media. Your research has to be compared to or analyzed against Loop Media's peers to derive any actionable benefits. When done correctly, Loop Media'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 Loop Media.

Other Forecasting Options for Loop Media

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

Loop Media 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 Loop Media stock to make a market-neutral strategy. Peer analysis of Loop Media could also be used in its relative valuation, which is a method of valuing Loop Media by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Loop Media 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 Loop Media'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 Loop Media's current price.

Loop Media Market Strength Events

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

Loop Media Risk Indicators

The analysis of Loop Media'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 Loop Media's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting loop 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.
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.
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 Loop Media 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, Loop Media's short interest history, or implied volatility extrapolated from Loop Media options trading.

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When determining whether Loop Media is a strong investment it is important to analyze Loop Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Loop Media's future performance. For an informed investment choice regarding Loop Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Loop Media to cross-verify your projections.
For more information on how to buy Loop Stock please use our How to Invest in Loop Media guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Loop Stock analysis

When running Loop Media's price analysis, check to measure Loop Media'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 Loop Media is operating at the current time. Most of Loop Media's value examination focuses on studying past and present price action to predict the probability of Loop Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loop Media's price. Additionally, you may evaluate how the addition of Loop Media to your portfolios can decrease your overall portfolio volatility.
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Is Loop Media'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 Loop Media. If investors know Loop 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 Loop Media 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
0.118
Earnings Share
(0.56)
Revenue Per Share
0.449
Quarterly Revenue Growth
(0.31)
Return On Assets
(0.69)
The market value of Loop Media is measured differently than its book value, which is the value of Loop that is recorded on the company's balance sheet. Investors also form their own opinion of Loop Media's value that differs from its market value or its book value, called intrinsic value, which is Loop Media'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 Loop Media's market value can be influenced by many factors that don't directly affect Loop Media'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 Loop Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loop Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loop Media'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.