Acco Group Stock Forecast - 8 Period Moving Average
| ACCL Stock | 2.71 0.33 10.86% |
The 8 Period Moving Average forecasted value of Acco Group Holdings on the next trading day is expected to be 2.93 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 13.99. Acco Stock Forecast is based on your current time horizon.
As of now the value of rsi of Acco Group'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 |
Using Acco Group hype-based prediction, you can estimate the value of Acco Group Holdings from the perspective of Acco Group response to recently generated media hype and the effects of current headlines on its competitors.
The 8 Period Moving Average forecasted value of Acco Group Holdings on the next trading day is expected to be 2.93 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 13.99. Acco Group after-hype prediction price | USD 2.71 |
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.
Check out Historical Fundamental Analysis of Acco Group to cross-verify your projections. Acco Group Additional Predictive Modules
Most predictive techniques to examine Acco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Acco using various technical indicators. When you analyze Acco 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Acco Group 8 Period Moving Average Price Forecast For the 3rd of January
Given 90 days horizon, the 8 Period Moving Average forecasted value of Acco Group Holdings on the next trading day is expected to be 2.93 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.18, and the sum of the absolute errors of 13.99.Please note that although there have been many attempts to predict Acco 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 Acco Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Acco Group Stock Forecast Pattern
| Backtest Acco Group | Acco Group Price Prediction | Buy or Sell Advice |
Acco Group Forecasted Value
In the context of forecasting Acco Group'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. Acco Group's downside and upside margins for the forecasting period are 0.03 and 10.80, respectively. We have considered Acco Group'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Acco Group stock data series using in forecasting. Note that when a statistical model is used to represent Acco Group 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 | 87.0148 |
| Bias | Arithmetic mean of the errors | -0.0123 |
| MAD | Mean absolute deviation | 0.3108 |
| MAPE | Mean absolute percentage error | 0.0852 |
| SAE | Sum of the absolute errors | 13.985 |
Predictive Modules for Acco Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Acco Group Holdings. 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 Acco Group'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.
Other Forecasting Options for Acco Group
For every potential investor in Acco, whether a beginner or expert, Acco Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Acco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Acco. Basic forecasting techniques help filter out the noise by identifying Acco Group's price trends.Acco Group 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 Acco Group stock to make a market-neutral strategy. Peer analysis of Acco Group could also be used in its relative valuation, which is a method of valuing Acco Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Acco Group Holdings 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 Acco Group'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 Acco Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Acco Group Market Strength Events
Market strength indicators help investors to evaluate how Acco Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acco Group shares will generate the highest return on investment. By undertsting and applying Acco Group stock market strength indicators, traders can identify Acco Group Holdings entry and exit signals to maximize returns.
Acco Group Risk Indicators
The analysis of Acco Group'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 Acco Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting acco 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 | 5.16 | |||
| Standard Deviation | 7.87 | |||
| Variance | 61.9 |
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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Try AI Portfolio ProphetCheck out Historical Fundamental Analysis of Acco Group to cross-verify your projections. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Stock space 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 Acco Group. If investors know Acco 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 Acco Group 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 Acco Group Holdings is measured differently than its book value, which is the value of Acco that is recorded on the company's balance sheet. Investors also form their own opinion of Acco Group's value that differs from its market value or its book value, called intrinsic value, which is Acco Group'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 Acco Group's market value can be influenced by many factors that don't directly affect Acco Group'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 Acco Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acco Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acco Group'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.