Lowes Companies Stock Forecast - 4 Period Moving Average

LOW Stock  USD 253.33  1.91  0.76%   
The 4 Period Moving Average forecasted value of Lowes Companies on the next trading day is expected to be 253.02 with a mean absolute deviation of  3.06  and the sum of the absolute errors of 177.62. Lowes Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lowes Companies stock prices and determine the direction of Lowes Companies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lowes Companies' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Lowes Companies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Lowes Companies' systematic risk associated with finding meaningful patterns of Lowes Companies fundamentals over time.
Check out Historical Fundamental Analysis of Lowes Companies to cross-verify your projections.
For more information on how to buy Lowes Stock please use our How to Invest in Lowes Companies guide.
  
Inventory Turnover is likely to climb to 3.73 in 2024, whereas Payables Turnover is likely to drop 6.42 in 2024. . Common Stock Shares Outstanding is likely to climb to about 966.3 M in 2024. Net Income Applicable To Common Shares is likely to climb to about 7.7 B in 2024.

Open Interest Against 2024-03-28 Lowes Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Lowes Companies' 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 Lowes Companies' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Lowes Companies 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 Lowes Companies' open interest, investors have to compare it to Lowes Companies' 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 Lowes Companies 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 Lowes. 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 Lowes Companies 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 Lowes Companies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Lowes Companies' price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for Lowes Companies is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Lowes Companies 4 Period Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the 4 Period Moving Average forecasted value of Lowes Companies on the next trading day is expected to be 253.02 with a mean absolute deviation of 3.06, mean absolute percentage error of 16.61, and the sum of the absolute errors of 177.62.
Please note that although there have been many attempts to predict Lowes 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 Lowes Companies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lowes Companies Stock Forecast Pattern

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Lowes Companies Forecasted Value

In the context of forecasting Lowes Companies' 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. Lowes Companies' downside and upside margins for the forecasting period are 251.69 and 254.35, respectively. We have considered Lowes Companies' 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
253.33
251.69
Downside
253.02
Expected Value
254.35
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Lowes Companies stock data series using in forecasting. Note that when a statistical model is used to represent Lowes Companies 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 Criteria115.4069
BiasArithmetic mean of the errors -1.7212
MADMean absolute deviation3.0625
MAPEMean absolute percentage error0.0132
SAESum of the absolute errors177.625
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Lowes Companies. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Lowes Companies and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Lowes Companies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lowes Companies. 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 Lowes Companies' 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
252.73254.06255.39
Details
Intrinsic
Valuation
LowRealHigh
214.96216.29278.66
Details
Bollinger
Band Projection (param)
LowMiddleHigh
250.73252.92255.10
Details
36 Analysts
Consensus
LowTargetHigh
220.76242.59269.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lowes Companies. Your research has to be compared to or analyzed against Lowes Companies' peers to derive any actionable benefits. When done correctly, Lowes Companies' 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 Lowes Companies.

Other Forecasting Options for Lowes Companies

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

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

Lowes Companies 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 Lowes Companies' 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 Lowes Companies' current price.

Lowes Companies Market Strength Events

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

Lowes Companies Risk Indicators

The analysis of Lowes Companies' 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 Lowes Companies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lowes 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.

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When determining whether Lowes Companies is a strong investment it is important to analyze Lowes Companies' 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 Lowes Companies' future performance. For an informed investment choice regarding Lowes Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Lowes Companies to cross-verify your projections.
For more information on how to buy Lowes Stock please use our How to Invest in Lowes Companies guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is Lowes Companies' 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 Lowes Companies. If investors know Lowes 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 Lowes Companies 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
Dividend Share
4.35
Earnings Share
13.2
Revenue Per Share
148.414
Quarterly Revenue Growth
(0.17)
The market value of Lowes Companies is measured differently than its book value, which is the value of Lowes that is recorded on the company's balance sheet. Investors also form their own opinion of Lowes Companies' value that differs from its market value or its book value, called intrinsic value, which is Lowes Companies' 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 Lowes Companies' market value can be influenced by many factors that don't directly affect Lowes Companies' 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 Lowes Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lowes Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lowes Companies' 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.