Accolade Stock Forecast - Simple Exponential Smoothing

ACCDDelisted Stock  USD 7.02  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of Accolade on the next trading day is expected to be 7.02 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.67. Accolade Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Accolade stock prices and determine the direction of Accolade's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Accolade's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the value of rsi of Accolade's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Accolade's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Accolade and does not consider all of the tangible or intangible factors available from Accolade's fundamental data. We analyze noise-free headlines and recent hype associated with Accolade, which may create opportunities for some arbitrage if properly timed.
Using Accolade hype-based prediction, you can estimate the value of Accolade from the perspective of Accolade response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Accolade on the next trading day is expected to be 7.02 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.67.

Accolade after-hype prediction price

    
  USD 7.02  
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Accolade Additional Predictive Modules

Most predictive techniques to examine Accolade price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Accolade using various technical indicators. When you analyze Accolade 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.
Accolade simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Accolade are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Accolade prices get older.

Accolade Simple Exponential Smoothing Price Forecast For the 9th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Accolade on the next trading day is expected to be 7.02 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.67.
Please note that although there have been many attempts to predict Accolade 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 Accolade's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Accolade Stock Forecast Pattern

Backtest AccoladeAccolade Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Accolade stock data series using in forecasting. Note that when a statistical model is used to represent Accolade 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 Criteria107.8568
BiasArithmetic mean of the errors -0.0039
MADMean absolute deviation0.0112
MAPEMean absolute percentage error0.0016
SAESum of the absolute errors0.6723
This simple exponential smoothing model begins by setting Accolade forecast for the second period equal to the observation of the first period. In other words, recent Accolade observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Accolade

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Accolade. 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 Accolade'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
7.027.027.02
Details
Intrinsic
Valuation
LowRealHigh
5.935.937.72
Details

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

Accolade Market Strength Events

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

Accolade Risk Indicators

The analysis of Accolade'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 Accolade's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting accolade 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Other Consideration for investing in Accolade Stock

If you are still planning to invest in Accolade check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Accolade's history and understand the potential risks before investing.
Bonds Directory
Find actively traded corporate debentures issued by US companies
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account