Acconeer Stock Forecast - Simple Exponential Smoothing

ACCON Stock  SEK 11.68  0.38  3.36%   
Acconeer Stock outlook is based on your current time horizon.
At this time, The value of RSI of Acconeer's share price is at 56. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Acconeer, making its price go up or down.

Momentum 56

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Acconeer'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 Acconeer and does not consider all of the tangible or intangible factors available from Acconeer's fundamental data. We analyze noise-free headlines and recent hype associated with Acconeer AB, which may create opportunities for some arbitrage if properly timed.
Using Acconeer hype-based prediction, you can estimate the value of Acconeer AB from the perspective of Acconeer response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Acconeer AB on the next trading day is expected to be 11.68 with a mean absolute deviation of 0.44 and the sum of the absolute errors of 26.67.

Acconeer after-hype prediction price

    
  SEK 11.68  
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 Acconeer to cross-verify your projections.

Acconeer Additional Predictive Modules

Most predictive techniques to examine Acconeer price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Acconeer using various technical indicators. When you analyze Acconeer 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.
Acconeer 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 Acconeer AB are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Acconeer AB prices get older.

Acconeer Simple Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Acconeer AB on the next trading day is expected to be 11.68 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.29, and the sum of the absolute errors of 26.67.
Please note that although there have been many attempts to predict Acconeer 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 Acconeer's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Acconeer Stock Forecast Pattern

Backtest Acconeer  Acconeer Price Prediction  Buy or Sell Advice  

Acconeer Forecasted Value

In the context of forecasting Acconeer'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. Acconeer's downside and upside margins for the forecasting period are 6.50 and 16.86, respectively. We have considered Acconeer'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
11.68
11.68
Expected Value
16.86
Upside

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 Acconeer stock data series using in forecasting. Note that when a statistical model is used to represent Acconeer 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 Criteria115.0315
BiasArithmetic mean of the errors -0.0988
MADMean absolute deviation0.4445
MAPEMean absolute percentage error0.0432
SAESum of the absolute errors26.67
This simple exponential smoothing model begins by setting Acconeer AB forecast for the second period equal to the observation of the first period. In other words, recent Acconeer observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Acconeer

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Acconeer AB. 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.
Hype
Prediction
LowEstimatedHigh
6.4211.6816.94
Details
Intrinsic
Valuation
LowRealHigh
3.638.8914.15
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.8911.9513.02
Details

Acconeer After-Hype Price Density Analysis

As far as predicting the price of Acconeer 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 Acconeer 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 Acconeer, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Acconeer Estimiated After-Hype Price Volatility

In the context of predicting Acconeer's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Acconeer's historical news coverage. Acconeer's after-hype downside and upside margins for the prediction period are 6.42 and 16.94, respectively. We have considered Acconeer'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
11.68
11.68
After-hype Price
16.94
Upside
Acconeer is slightly risky at this time. Analysis and calculation of next after-hype price of Acconeer AB is based on 3 months time horizon.

Acconeer Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Acconeer is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Acconeer 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 Acconeer, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.88 
5.18
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.68
11.68
0.00 
0.00  
Notes

Acconeer Hype Timeline

Acconeer AB is presently traded for 11.68on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Acconeer 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 0.88%. %. The volatility of related hype on Acconeer is about 0.0%, with the expected price after the next announcement by competition of 11.68. About 41.0% of the company shares are held by company insiders. The company recorded a loss per share of 2.22. Acconeer AB had not issued any dividends in recent years. The entity had 2171:2117 split on the 26th of November 2021. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Acconeer to cross-verify your projections.

Acconeer Related Hype Analysis

Having access to credible news sources related to Acconeer's direct competition is more important than ever and may enhance your ability to predict Acconeer's future price movements. Getting to know how Acconeer'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 Acconeer may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Acconeer

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

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

Acconeer Market Strength Events

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

Acconeer Risk Indicators

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

Story Coverage note for Acconeer

The number of cover stories for Acconeer depends on current market conditions and Acconeer's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Acconeer 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 Acconeer's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Acconeer Short Properties

Acconeer's future price predictability will typically decrease when Acconeer's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Acconeer AB often depends not only on the future outlook of the potential Acconeer'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. Acconeer's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding31.5 M
Cash And Short Term Investments156.9 M

Additional Tools for Acconeer Stock Analysis

When running Acconeer's price analysis, check to measure Acconeer'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 Acconeer is operating at the current time. Most of Acconeer's value examination focuses on studying past and present price action to predict the probability of Acconeer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acconeer's price. Additionally, you may evaluate how the addition of Acconeer to your portfolios can decrease your overall portfolio volatility.