Abingdon Health Stock Forward View - Simple Moving Average
| ABDX Stock | 6.75 0.25 3.85% |
Abingdon Stock outlook is based on your current time horizon.
The RSI of Abingdon Health's share price is below 30 at the present time. This suggests that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Abingdon Health Plc, making its price go up or down. Momentum 22
Sell Stretched
Oversold | Overbought |
EPS Estimate Current Year (0) | EPS Estimate Next Year 0.001 | Wall Street Target Price 78 | Quarterly Revenue Growth 0.432 |
Using Abingdon Health hype-based prediction, you can estimate the value of Abingdon Health Plc from the perspective of Abingdon Health response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Abingdon Health Plc on the next trading day is expected to be 6.75 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.42. Abingdon Health after-hype prediction price | GBX 6.75 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Abingdon |
Abingdon Health Additional Predictive Modules
Most predictive techniques to examine Abingdon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Abingdon using various technical indicators. When you analyze Abingdon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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Abingdon Health Simple Moving Average Price Forecast For the 26th of February
Given 90 days horizon, the Simple Moving Average forecasted value of Abingdon Health Plc on the next trading day is expected to be 6.75 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.02, and the sum of the absolute errors of 3.42.Please note that although there have been many attempts to predict Abingdon Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Abingdon Health's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Abingdon Health Stock Forecast Pattern
| Backtest Abingdon Health | Abingdon Health Price Prediction | Research Analysis |
Abingdon Health Forecasted Value
In the context of forecasting Abingdon Health'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. Abingdon Health's downside and upside margins for the forecasting period are 4.98 and 8.52, respectively. We have considered Abingdon Health'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Abingdon Health stock data series using in forecasting. Note that when a statistical model is used to represent Abingdon Health 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 | 110.3026 |
| Bias | Arithmetic mean of the errors | 0.0021 |
| MAD | Mean absolute deviation | 0.0581 |
| MAPE | Mean absolute percentage error | 0.0091 |
| SAE | Sum of the absolute errors | 3.425 |
Predictive Modules for Abingdon Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Abingdon Health Plc. 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.Abingdon Health After-Hype Price Density Analysis
As far as predicting the price of Abingdon Health at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Abingdon Health or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Abingdon Health, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Abingdon Health Estimiated After-Hype Price Volatility
In the context of predicting Abingdon Health's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Abingdon Health's historical news coverage. Abingdon Health's after-hype downside and upside margins for the prediction period are 4.98 and 8.52, respectively. We have considered Abingdon Health's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Abingdon Health is somewhat reliable at this time. Analysis and calculation of next after-hype price of Abingdon Health Plc is based on 3 months time horizon.
Abingdon Health Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Abingdon Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Abingdon Health backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Abingdon Health, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.04 | 1.77 | 0.00 | 0.08 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
6.75 | 6.75 | 0.00 |
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Abingdon Health Hype Timeline
Abingdon Health Plc is presently traded for 6.75on London Exchange of UK. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.08. Abingdon is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is presently at -0.04%. %. The volatility of related hype on Abingdon Health is about 85.33%, with the expected price after the next announcement by competition of 6.67. About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.81. Some equities with similar Price to Book (P/B) outperform the market in the long run. Abingdon Health Plc recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 673:671 split on the 2nd of December 2021. Assuming the 90 days trading horizon the next projected press release will be in a few days. Check out Historical Fundamental Analysis of Abingdon Health to cross-verify your projections.Abingdon Health Related Hype Analysis
Having access to credible news sources related to Abingdon Health's direct competition is more important than ever and may enhance your ability to predict Abingdon Health's future price movements. Getting to know how Abingdon Health's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Abingdon Health may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 0W19 | Datagroup SE | 0.00 | 2 per month | 0.67 | 0.05 | 1.85 | (1.22) | 5.36 | |
| WINE | Naked Wines plc | 1.80 | 3 per month | 2.40 | (0.02) | 3.77 | (4.28) | 13.07 | |
| IBT | International Biotechnology Trust | (15.75) | 4 per month | 1.43 | (0.01) | 2.73 | (2.24) | 6.61 | |
| 0J39 | Harmony Gold Mining | (0.56) | 4 per month | 4.12 | 0.04 | 5.78 | (9.39) | 20.31 | |
| 0HCR | Alliance Data Systems | (0.1) | 2 per month | 2.58 | 0.04 | 3.72 | (3.55) | 14.33 | |
| 0QGU | CNH Industrial NV | 0.45 | 7 per month | 1.46 | 0.16 | 4.85 | (2.80) | 8.58 | |
| MTL | Metals Exploration Plc | (0.36) | 5 per month | 2.87 | 0.11 | 7.67 | (5.41) | 19.42 |
Other Forecasting Options for Abingdon Health
For every potential investor in Abingdon, whether a beginner or expert, Abingdon Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Abingdon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Abingdon. Basic forecasting techniques help filter out the noise by identifying Abingdon Health's price trends.Abingdon Health 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 Abingdon Health stock to make a market-neutral strategy. Peer analysis of Abingdon Health could also be used in its relative valuation, which is a method of valuing Abingdon Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Abingdon Health Market Strength Events
Market strength indicators help investors to evaluate how Abingdon Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abingdon Health shares will generate the highest return on investment. By undertsting and applying Abingdon Health stock market strength indicators, traders can identify Abingdon Health Plc entry and exit signals to maximize returns.
Abingdon Health Risk Indicators
The analysis of Abingdon Health'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 Abingdon Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting abingdon 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 | 0.7947 | |||
| Standard Deviation | 1.8 | |||
| Variance | 3.22 |
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.
Story Coverage note for Abingdon Health
The number of cover stories for Abingdon Health depends on current market conditions and Abingdon Health's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Abingdon Health is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Abingdon Health's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Abingdon Health Short Properties
Abingdon Health's future price predictability will typically decrease when Abingdon Health's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Abingdon Health Plc often depends not only on the future outlook of the potential Abingdon Health's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Abingdon Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 366.7 M | |
| Cash And Short Term Investments | 1.9 M |
Additional Tools for Abingdon Stock Analysis
When running Abingdon Health's price analysis, check to measure Abingdon Health'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 Abingdon Health is operating at the current time. Most of Abingdon Health's value examination focuses on studying past and present price action to predict the probability of Abingdon Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abingdon Health's price. Additionally, you may evaluate how the addition of Abingdon Health to your portfolios can decrease your overall portfolio volatility.